Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

VICOM

Market Cap: S$542.5m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Vasa Denticity

Market Cap: ₹10.1b

Trades in dental products in India.

Bakrie & Brothers

Market Cap: Rp4.7t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

TCPL Packaging

Market Cap: ₹34.3b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

Enviro Infra Engineers

Market Cap: ₹50.1b

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.

Master Trust

Market Cap: ₹15.3b

Provides financial services in India.

Toukei Computer

Market Cap: JP¥69.6b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

ShareHope Medicine

Market Cap: NT$3.6b

Provides integrated medical services in Taiwan.

Bank Ganesha

Market Cap: Rp1.9t

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

Indo Farm Equipment

Market Cap: ₹10.2b

Manufactures and sells agricultural, industrial, and construction equipment in India.

AB Vilkyskiu pienine

Market Cap: €121.8m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Yibin City Commercial Bank

Market Cap: HK$11.9b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Sing Investments & Finance

Market Cap: S$283.7m

Provides f financial products and services to individuals and corporations in Singapore.

Central Finance

Market Cap: LK₨62.5b

Provides various financial solutions primarily in Sri Lanka.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

VCREDIT Holdings

Market Cap: HK$1.9b

An investment holding company, provides technology-driven consumer financial services to borrowers in the People’s Republic of China and Hong Kong.

Advancetek EnterpriseLtd

Market Cap: NT$26.4b

Engages in the construction, rental, and sale of residential and commercial buildings in Taiwan.

FALCO HOLDINGS

Market Cap: JP¥22.7b

A medical service company, provides clinical testing and dispensing pharmacy services to medical institutions and companies in Japan.

Araya Industrial

Market Cap: JP¥23.1b

Manufactures and sells steel products in Japan and internationally.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.4b

Provides smart wearables and mobile medical care products in China and internationally.

Hind Rectifiers

Market Cap: ₹22.9b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Hayleys

Market Cap: LK₨133.9b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Dwi Guna Laksana

Market Cap: Rp2.0t

Engages in the coal mining and trading activities in Indonesia.

Huasi Holding

Market Cap: CN¥1.9b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, and Hong Kong.

Ningbo Kangqiang Electronics

Market Cap: CN¥6.2b

Manufactures and sells semiconductor packaging materials in China.

Anhui Guqi Down & Feather Textile

Market Cap: CN¥4.9b

Engages in the research and development, production, and sale of goose and duck down products for use in clothing and bedding applications.

Timex Group India

Market Cap: ₹22.6b

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

Ogaki Kyoritsu Bank

Market Cap: JP¥116.9b

A regional financial institution, provides various financial products and services in Japan and internationally.

Shandong Sinoglory Health Food

Market Cap: CN¥2.3b

Manufactures soy proteins in China.

Sky Gold and Diamonds

Market Cap: ₹50.1b

Designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India.

Sesoda

Market Cap: NT$7.8b

Manufactures and markets sulfate of potash (SOP) in Taiwan.

Indofood Agri Resources

Market Cap: S$460.6m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Sublime China Information

Market Cap: CN¥3.9b

Provides information and consulting services in China.

Shangri-La Hotel

Market Cap: ฿6.3b

Operates hotels in Bangkok and Chiang Mai provinces.

Shenzhen Coship Electronics

Market Cap: CN¥8.3b

Engages in the manufacture and sale of smart home products and services worldwide.