Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

Buana Artha Anugerah

Market Cap: Rp3.7t

Engages in the provision of asset management services in Indonesia.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Freetrailer Group

Market Cap: €834.9m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

HG Metal Manufacturing

Market Cap: S$170.3m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

Lippo Cikarang

Market Cap: Rp4.1t

Develops real estate and industrial estate projects in Indonesia.

Luxchem Corporation Berhad

Market Cap: RM 406.2m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Thai Steel Cable

Market Cap: ฿3.7b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

Mulpha International Bhd

Market Cap: RM 900.2m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

DAM Capital Advisors

Market Cap: ₹12.5b

Provides investment banking services.

Saint-Gobain Sekurit India

Market Cap: ₹9.4b

Manufactures and sells laminated and tempered automotive glass in India.

Enviro Infra Engineers

Market Cap: ₹32.1b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

Standard Chartered Bank Kenya

Market Cap: KSh116.8b

Provides various banking products and services for individuals and businesses.

Shangri-La Hotel

Market Cap: ฿6.6b

Operates hotels in Bangkok and Chiang Mai provinces.

Taiyo KagakuLtd

Market Cap: JP¥46.2b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Etihad GO Telecom

Market Cap: ر.س3.4b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Bank Danamon Indonesia

Market Cap: Rp26.0t

Provides banking services for retail, small and medium enterprises (SMEs), and corporate customers in Indonesia.

Sure Global Tech

Market Cap: ر.س446.8m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Baazeem Trading

Market Cap: ر.س623.7m

Operates as a FMCG distribution company.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹71.9b

Produces and sells fertilizers and chemicals in India.

Bank Ganesha

Market Cap: Rp3.3t

Provides various general banking products and services for individuals and businesses in Indonesia.

KP Green Engineering

Market Cap: ₹20.6b

Engages in engineering and manufacture of steel structure in India.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.3b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Li Ming Development Construction

Market Cap: NT$4.0b

Li Ming Development Construction Co., Ltd.

SML Mahindra

Market Cap: ₹55.3b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك191.3m

Engages in insurance and reinsurance operations in Kuwait.

Timex Group India

Market Cap: ₹27.8b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Al-Deera Holding Company K.P.S.C

Market Cap: د.ك49.4m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك359.7m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.6m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Cahaya Aero Services

Market Cap: Rp4.9t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

BLS E-Services

Market Cap: ₹15.7b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Cigniti Technologies

Market Cap: ₹43.7b

Provides digital assurance and software testing services in India, the United States of America, and internationally.