Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Corporación Financiera Colombiana

Market Cap: Col$6.4t

Operates as a private financial institution in Columbia and Central America.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Lee's Pharmaceutical Holdings

Market Cap: HK$1.1b

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products in the People's Republic of China, Hong Kong, and internationally.

Industrias del Cobre Sociedad Anónima

Market Cap: S/766.7m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Qassim Cement

Market Cap: ر.س4.5b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

MOBI Industry

Market Cap: ر.س670.0m

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

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

Market Cap: د.ك90.9m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك399.3m

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.

Najran Cement

Market Cap: ر.س1.3b

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

Baazeem Trading

Market Cap: ر.س712.8m

Operates as a FMCG distribution company.

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

Market Cap: د.ك45.6m

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

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك31.7m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.7b

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك100.7m

Provides various insurance products and services in Kuwait.

Sure Global Tech

Market Cap: ر.س428.0m

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

National Investments Company K.S.C.P

Market Cap: د.ك244.7m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

La Positiva Seguros y Reaseguros

Market Cap: S/602.9m

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

PBA Holdings Bhd

Market Cap: RM 645.4m

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

Alembic

Market Cap: ₹25.8b

Engages in real estate business in India and internationally.

Network People Services Technologies

Market Cap: ₹36.9b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Hayleys

Market Cap: LK₨147.2b

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

Saha-Union

Market Cap: ฿8.4b

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

JiaXing Gas Group

Market Cap: HK$1.1b

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

Luxchem Corporation Berhad

Market Cap: RM 449.0m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹76.4b

Produces and sells fertilizers and chemicals in India.

Innovana Thinklabs

Market Cap: ₹10.0b

Engages in the software and application development business in India, the United States, Germany, Singapore, Romania and internationally.

Hua Na Hydropower

Market Cap: ₫5.6t

Engages in the electricity generation activities.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Cita Mineral Investindo

Market Cap: Rp19.3t

Engages in bauxite mining activities in Indonesia.

Indo Farm Equipment

Market Cap: ₹11.6b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Hospital Corporation of China

Market Cap: HK$932.3m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Digital Mediatama Maxima

Market Cap: Rp2.9t

Operates an integrated marketing platform.

Natural Food International Holding

Market Cap: HK$2.6b

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