Global Undiscovered Gems With Strong Fundamentals

DINE. de

Market Cap: Mex$14.3b

Develops real estate projects in Mexico.

TSTE

Market Cap: ฿4.2b

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Citra Tubindo

Market Cap: Rp4.1t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

National Investments Company K.S.C.P

Market Cap: د.ك208.0m

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

Jadranski naftovod d.d

Market Cap: €806.1m

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

Linde Bangladesh

Market Cap: ৳14.1b

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

Padma Oil

Market Cap: ৳19.4b

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

Dwi Guna Laksana

Market Cap: Rp4.5t

Engages in the coal mining and trading activities in Indonesia.

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.

Sinopower Semiconductor

Market Cap: NT$3.9b

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

Surya Toto Indonesia

Market Cap: Rp2.7t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Cisadane Sawit Raya

Market Cap: Rp1.7t

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

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

Market Cap: د.ك45.2m

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

MOBI Industry

Market Cap: ر.س560.0m

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

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

Ruentex Interior Design

Market Cap: NT$3.5b

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

Bank Ganesha

Market Cap: Rp2.6t

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Pakistan National Shipping

Market Cap: PK₨82.6b

Engages in the shipping business worldwide.

Soft-World International

Market Cap: NT$15.8b

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

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.

Monolithisch India

Market Cap: ₹10.1b

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

Bank MNC Internasional

Market Cap: Rp2.6t

Provides various banking products and services in Indonesia.

Ibrahim Fibres

Market Cap: PK₨95.0b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Nusantara Pelabuhan Handal

Market Cap: Rp2.7t

Manages and operates container terminals in Indonesia and internationally.

Cita Mineral Investindo

Market Cap: Rp16.2t

Engages in bauxite mining activities in Indonesia.

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.

Digital Mediatama Maxima

Market Cap: Rp2.8t

Operates an integrated marketing platform.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك191.3m

Engages in insurance and reinsurance operations in Kuwait.

Sure Global Tech

Market Cap: ر.س490.4m

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

Hospital Corporation of China

Market Cap: HK$928.2m

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

Sun

Market Cap: MU₨7.4b

Operates in the tourism sector.

Nestlé Pakistan

Market Cap: PK₨382.1b

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

National Credit and Commerce Bank

Market Cap: ৳13.8b

Provides various commercial banking products and services in Bangladesh.