Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Capricorn Group

Market Cap: R13.2b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Jadranski naftovod d.d

Market Cap: €775.9m

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

Zambia Sugar

Market Cap: K21.1b

Engages in growing of sugar cane in Zambia, the Democratic Republic of Congo, Kenya, and South Africa.

Southern Michigan Bancorp

Market Cap: US$113.3m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Productive Business Solutions

Market Cap: US$178.8m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.0b

Provides wholesale banking services worldwide.

FineMark Holdings

Market Cap: US$463.4m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹70.1b

Produces and sells fertilizers and chemicals in India.

Cita Mineral Investindo

Market Cap: Rp17.4t

Engages in bauxite mining activities in Indonesia.

TSTE

Market Cap: ฿4.2b

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

Bank Ganesha

Market Cap: Rp2.8t

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

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

PBA Holdings Bhd

Market Cap: RM 622.3m

An investment holding company, operates as a water supplier in Malaysia.

3B Blackbio Dx

Market Cap: ₹12.2b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Najran Cement

Market Cap: ر.س1.1b

Engages in manufacture and sale of cement products in the Kingdom of Saudi Arabia.

Southeast Asia Commercial Bank

Market Cap: ₫50.5t

Provides retail and corporate banking products and services in Vietnam.

Dwi Guna Laksana

Market Cap: Rp2.9t

Engages in the coal mining and trading activities in Indonesia.

Mamata Machinery

Market Cap: ₹10.4b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

M & A Equity Holdings Berhad

Market Cap: RM 509.7m

An investment holding company, engages in the financial services, investment holding, and property investment and development businesses in Malaysia.

Digital Mediatama Maxima

Market Cap: Rp2.6t

Operates an integrated marketing platform.

Cahaya Aero Services

Market Cap: Rp5.5t

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

Nusantara Pelabuhan Handal

Market Cap: Rp3.6t

Manages and operates container terminals in Indonesia and internationally.

Lion Rock Group

Market Cap: HK$1.1b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Cairo Amman Bank

Market Cap: د.أ312.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

GTS Internasional

Market Cap: Rp3.7t

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

Thai Steel Cable

Market Cap: ฿3.9b

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

Energy World

Market Cap: AU$213.1m

An independent energy company, engages in the development, production, and sale of power and liquefied natural gas in the Asia Pacific region.

Park Medi World

Market Cap: ₹64.6b

Operates a network of hospitals.

Natural Food International Holding

Market Cap: HK$2.4b

An investment holding company, manufactures and sells natural health food products in China.

Standard Chartered Bank Kenya

Market Cap: KSh113.2b

Provides various banking products and services for individuals and businesses.

Menthobi Karyatama Raya

Market Cap: Rp1.8t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.

KP Green Engineering

Market Cap: ₹21.5b

Engages in engineering and manufacture of steel structure in India.

Etihad GO Telecom

Market Cap: ر.س3.0b

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

National Environmental Recycling

Market Cap: ر.س684.2m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.