Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Gulf Insurance Group - Jordan

Market Cap: د.أ85.8m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

La Positiva Seguros y Reaseguros

Market Cap: S/417.4m

Provides insurance and reinsurance products and services to individuals and business customers in Peru.

Hermes Transportes Blindados

Market Cap: S/750.4m

Provides money and securities transfer, custody and processing, and document transfer services in Peru.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Inversiones Siemel

Market Cap: CL$104.1b

Operates in the agribusiness and agriculture, real estate, finance, and information technology sectors in Chile.

Freetrailer Group

Market Cap: €695.9m

Operates as a trailer rental company in Denmark, Sweden, Germany, and Norway.

Zona Franca de Iquique

Market Cap: CL$232.0b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Compañía Electro Metalúrgica

Market Cap: CL$350.4b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Banyan Tree Holdings

Market Cap: S$511.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

SBS Philippines

Market Cap: ₱5.8b

Engages in chemical trading and distribution in the Philippines.

Indo Amines

Market Cap: ₹10.4b

Engages in the manufacture, distribution, and sale of fine, performance, and specialty chemicals in India and internationally.

3B Blackbio Dx

Market Cap: ₹12.2b

Engages in the design, development, manufacturing, and commercialization of agrochemicals and PCR based molecular diagnostic kits in India.

Billion Industrial Holdings

Market Cap: HK$9.1b

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.

Brillian Network & Automation Integrated System

Market Cap: NT$10.1b

Brillian Network & Automation Integrated System Co.

CMC

Market Cap: JP¥22.9b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

Beijing Bashi Media

Market Cap: CN¥3.9b

Provides automotive services in China.

Savior Lifetec

Market Cap: NT$5.7b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

CTCI Advanced Systems

Market Cap: NT$4.2b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Uju Holding

Market Cap: HK$3.0b

An investment holding company, provides digital marketing services and live-streaming e-commerce in the People’s Republic of China.

Cigniti Technologies

Market Cap: ₹45.8b

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

Jinsanjiang (Zhaoqing) Silicon Material

Market Cap: CN¥2.7b

Engages in the research and development, production, and sale of precipitated silica.

Bank MNC Internasional

Market Cap: Rp2.7t

Provides various banking products and services in Indonesia.

ShenZhen Click TechnologyLTD

Market Cap: CN¥8.3b

Designs, produces, sells, and services LED lighting power supplies, power battery chargers, communication power supplies, adapters, magnetic components, electric car chargers, charging piles, and others in China and internationally.

Dong Fang Offshore

Market Cap: NT$43.6b

Provides offshore maritime solutions.

Pacific Construction

Market Cap: NT$3.5b

Engages in the construction business in Taiwan and Malaysia.

104

Market Cap: NT$7.6b

Engages in the information technology, general advertising, employment, and human resource consultancy services in Taiwan and internationally.

Guangdong Transtek Medical Electronics

Market Cap: CN¥3.3b

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

Monolithisch India

Market Cap: ₹10.4b

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

FCE

Market Cap: JP¥16.9b

Through its subsidiaries, engages in the DX promotion, education and training, and publishing businesses in Japan.

Taiyo KagakuLtd

Market Cap: JP¥35.8b

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

Cita Mineral Investindo

Market Cap: Rp16.2t

Engages in bauxite mining activities in Indonesia.

Tait Marketing & Distribution

Market Cap: NT$4.5b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.