Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Oakworth Capital

Market Cap: US$180.2m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Jadranski naftovod d.d

Market Cap: €806.1m

Engages in the transport and storage of crude oil and petroleum products in the Republic of Croatia and internationally.

GTS Internasional

Market Cap: Rp4.6t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Anhui Huaren Health Pharmaceutical

Market Cap: CN¥8.7b

Anhui Huaren Health Pharmaceutical Co., Ltd.

Tai Sin Electric

Market Cap: S$269.3m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Saatvik Green Energy

Market Cap: ₹50.0b

Manufactures and sells solar photovoltaic modules in India and internationally.

PC Jeweller

Market Cap: ₹72.7b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Huasi Holding

Market Cap: CN¥1.9b

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

Guangdong Brandmax MarketingLtd

Market Cap: CN¥4.4b

Provides technology-driven new scene experience marketing services in China and internationally.

Timex Group India

Market Cap: ₹35.2b

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

Hollyland (China) Electronics Technology

Market Cap: CN¥2.9b

Engages in the research and development, production, and sale of circuit protection products in China and internationally.

Mulpha International Bhd

Market Cap: RM 906.3m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

Zkteco

Market Cap: CN¥6.7b

Provides biometric solutions and AI cognitive spatial intelligence technologies.

Saha-Union

Market Cap: ฿8.1b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

TSTE

Market Cap: ฿4.2b

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

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

JiaXing Gas Group

Market Cap: HK$1.1b

Engages in the sale of piped natural gas (PNG) in Mainland China.

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

Market Cap: د.ك46.0m

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

Ramco Industries

Market Cap: ₹27.1b

Engages in the building products, textiles, and power generation businesses in India.

Cantabil Retail India

Market Cap: ₹21.5b

Engages in designing, manufacturing, branding, and retailing of apparel and apparel accessories in India.

China Science and Education Industry Group

Market Cap: HK$792.0m

An investment holding company, provides private higher education and vocational education services in the People’s Republic of China.

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

Market Cap: د.ك67.5m

A private equity firm specializing in direct and fund investments.

Daphne International Holdings

Market Cap: HK$821.1m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

Monolithisch India

Market Cap: ₹10.4b

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

MOBI Industry

Market Cap: ر.س560.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Abans Financial Services

Market Cap: ₹10.4b

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

HG Metal Manufacturing

Market Cap: S$134.6m

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

ABICO Asia Capital

Market Cap: NT$4.8b

Engages in the investment activities.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.8b

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

KP Green Engineering

Market Cap: ₹21.3b

Engages in engineering and manufacture of steel structure in India.

Taiyo KagakuLtd

Market Cap: JP¥39.3b

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

First Investment Company K.S.C.P

Market Cap: د.ك57.1m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

104

Market Cap: NT$7.5b

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

Era Media Sejahtera

Market Cap: Rp2.8t

Operates as an advertising media company in Indonesia.