Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Linde Bangladesh

Market Cap: ৳14.6b

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

Voltamp Energy SAOG

Market Cap: ر.ع76.0m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

Padma Oil

Market Cap: ৳19.7b

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

Sure Global Tech

Market Cap: ر.س604.0m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Brillian Network & Automation Integrated System

Market Cap: NT$10.6b

Brillian Network & Automation Integrated System Co.

Sinopower Semiconductor

Market Cap: NT$3.5b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Wholetech System Hitech

Market Cap: NT$8.9b

Provides system integration services in Taiwan, China, and Singapore.

National Credit and Commerce Bank

Market Cap: ৳13.9b

Provides various commercial banking products and services in Bangladesh.

Nestlé Pakistan

Market Cap: PK₨380.7b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Palasino Holdings

Market Cap: HK$1.9b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

MOBI Industry

Market Cap: ر.س587.5m

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

Cherat Cement

Market Cap: PK₨63.9b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Advanced International Multitech

Market Cap: NT$9.2b

Advanced International Multitech Co., Ltd.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

AB Vilkyskiu pienine

Market Cap: €121.2m

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

SALUS Ljubljana d. d

Market Cap: €341.9m

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

Gallant Precision Machining

Market Cap: NT$15.0b

Engages in the research and development, production, manufacture, and sale of flat panel display testing, semiconductor assembly, and intelligent automation equipment in Taiwan, China, and internationally.

Savior Lifetec

Market Cap: NT$6.0b

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

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.

Practic

Market Cap: RON 736.5m

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

Te Chang Construction

Market Cap: NT$6.9b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Pakistan National Shipping

Market Cap: PK₨81.1b

Engages in the shipping business worldwide.

National Environmental Recycling

Market Cap: ر.س831.1m

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

CTCI Advanced Systems

Market Cap: NT$4.6b

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

Anpec Electronics

Market Cap: NT$13.4b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Taiyo KagakuLtd

Market Cap: JP¥34.9b

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.6b

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

Najran Cement

Market Cap: ر.س1.3b

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

Li Ming Development Construction

Market Cap: NT$4.3b

Li Ming Development Construction Co., Ltd.

Britam Holdings

Market Cap: KSh20.9b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

Jetwell Computer

Market Cap: NT$8.7b

Provides IT infrastructure and integration services in Taiwan.

Soft-World International

Market Cap: NT$15.1b

Develops, operates, and distributes games in Taiwan and China.

Ruentex Interior Design

Market Cap: NT$3.4b

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