Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Liburnia Riviera Hoteli d.d

Market Cap: €151.3m

Provides accommodation and hospitality services in Croatia, Germany, Austria, Italy, Hungary, Slovenia, Ukraine, Czech, other European countries, and internationally.

Productive Business Solutions

Market Cap: US$188.2m

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

Sociedad Eléctrica del Sur Oeste

Market Cap: S/867.8m

Distributes electricity in Peru.

Tibet Development

Market Cap: CN¥2.9b

Engages in the production and sale of beer in China.

Anfu CE LINK

Market Cap: CN¥4.0b

Researches, designs, develops, manufactures, sells, and services electronic signal transmission adaptation products and other consumer electronics products.

YH Entertainment Group

Market Cap: HK$2.0b

An investment holding company, operates as an artist management company in Mainland China and Korea.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك191.3m

Engages in insurance and reinsurance operations in Kuwait.

Lion Rock Group

Market Cap: HK$1.0b

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

Surya Citra Media

Market Cap: Rp16.5t

Provides multimedia services in Indonesia.

Sambhv Steel Tubes

Market Cap: ₹27.1b

Manufactures and sells electric resistance welded steel pipes, structural tubes, and stainless-steel coils in India.

MKH Berhad

Market Cap: RM 582.7m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

Hayleys

Market Cap: LK₨179.4b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹70.9b

Produces and sells fertilizers and chemicals in India.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك40.5m

Engages in managing real estate projects in Kuwait.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Bank Ganesha

Market Cap: Rp3.5t

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

Timex Group India

Market Cap: ₹27.4b

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

Hua Na Hydropower

Market Cap: ₫5.5t

Engages in the investment, production, and trading of electricity in Vietnam.

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.

Ruentex Interior Design

Market Cap: NT$3.4b

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

CTCI Advanced Systems

Market Cap: NT$4.9b

CTCI Advanced Systems Inc., together with its subsidiaries, engineering, research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware in Taiwan and internationally.

Hind Rectifiers

Market Cap: ₹23.3b

Designs, develops, manufactures, and markets power semiconductors, power electronic equipment, and railway transportation equipment in India and internationally.

Baazeem Trading

Market Cap: ر.س617.6m

Operates as a FMCG distribution company.

Padma Oil

Market Cap: ৳16.9b

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

Indo Tech Transformers

Market Cap: ₹14.7b

Manufactures and sells transformers in India and internationally.

Piccadily Agro Industries

Market Cap: ₹56.7b

Manufactures and develops alcoholic beverages in India.

Cigniti Technologies

Market Cap: ₹43.2b

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

Cisadane Sawit Raya

Market Cap: Rp2.1t

Engages in the oil palm plantation business in Indonesia and internationally.

SML Mahindra

Market Cap: ₹54.8b

Manufactures and sells commercial vehicles and related parts in India and internationally.

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

Market Cap: د.ك47.9m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك357.4m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

GOCL

Market Cap: ₹13.3b

Engages in the electronics manufacturing services and the realty businesses in India and internationally.

Monarch Networth Capital

Market Cap: ₹23.8b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Cahaya Aero Services

Market Cap: Rp4.9t

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