Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Taiyo KagakuLtd

Market Cap: JP¥32.4b

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

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.

Sun

Market Cap: MU₨6.6b

Operates in the tourism sector.

Surya Toto Indonesia

Market Cap: Rp2.4t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

Linde Bangladesh

Market Cap: ৳13.6b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Padma Oil

Market Cap: ৳18.3b

Engages in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG in Bangladesh.

Surya Citra Media

Market Cap: Rp10.3t

Provides multimedia services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ154.1m

Invests in, operates, and manages duty-free shops.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Monolithisch India

Market Cap: ₹9.7b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Bonraybio

Market Cap: NT$4.0b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.0t

Engages in the coal mining and trading activities in Indonesia.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Billion Industrial Holdings

Market Cap: HK$9.5b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

SALUS Ljubljana d. d

Market Cap: €337.0m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Citra Tubindo

Market Cap: Rp6.8t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp17.1t

Manufactures and sells writing and printing paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

Mark Dynamics Indonesia

Market Cap: Rp2.5t

Manufactures and sells hand former products in Indonesia and internationally.

Pizu Group Holdings

Market Cap: HK$1.6b

An investment holding company, engages in the manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Jamuna Bank

Market Cap: ৳15.3b

Provides various banking products and services in Bangladesh.

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Shangri-La Hotel

Market Cap: ฿5.8b

Operates hotels in Bangkok and Chiang Mai provinces.

Fortune Mate Indonesia

Market Cap: Rp2.1t

Provides real estate development and construction services in Indonesia.

Bank Ganesha

Market Cap: Rp1.9t

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

Cahaya Aero Services

Market Cap: Rp4.4t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

TSTE

Market Cap: ฿4.8b

Primarily engages in the production and distribution of wheat flour in Thailand.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.2b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Metalpha Technology Holding

Market Cap: US$141.6m

Provides wealth management services in Hong Kong.

MCH Group

Market Cap: CHF 111.6m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.

Sociedad Matriz SAAM

Market Cap: CL$1.2t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.