Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bank Ganesha

Market Cap: Rp2.8t

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

YFY

Market Cap: NT$44.0b

An investment holding company, manufactures and sells paper and paper-related products in Taiwan.

Advancetek EnterpriseLtd

Market Cap: NT$11.6b

Advancetek Enterprise Co.,Ltd. entrusts construction companies to build national residential buildings and commercial buildings for leasing and sale in Taiwan.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Woori Technology Investment

Market Cap: ₩610.5b

A venture capital firm specializing in venture fund, mezzanine fund project fund, venture capital and small & medium companies investments.

Cahaya Aero Services

Market Cap: Rp6.0t

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

Tri-County Financial Group

Market Cap: US$115.9m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services and insurance services to individuals and businesses in the United States.

Shenzhen Coship Electronics

Market Cap: CN¥9.3b

Engages in the manufacture and sale of smart home products and services worldwide.

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.

Natural Food International Holding

Market Cap: HK$2.4b

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

ISE Chemicals

Market Cap: JP¥182.4b

Engages in the iodine and natural gas, and mettalic compound businesses in Japan.

Akatsuki

Market Cap: JP¥16.4b

Engages in the real estate and securities businesses in Japan.

NS United Kaiun Kaisha

Market Cap: JP¥150.1b

Engages in the marine transportation services and related business in Japan and internationally.

Apacer Technology

Market Cap: NT$11.9b

Researches, designs, develops, manufactures, processes, maintains, and sells memory modules and storage memory devices in Hong Kong, Taiwan, Mainland China, the Americas, Japan, and internationally.

104

Market Cap: NT$7.5b

Engages in the information technology, general advertising, employment, and human resource consultancy services in Taiwan and internationally.

KC

Market Cap: ₩272.9b

Manufactures and distributes semiconductor systems, display systems, and electronic materials in South Korea and internationally.

Bank of Iwate

Market Cap: JP¥86.2b

Provides various financial products and services in Japan.

Dear LifeLtd

Market Cap: JP¥54.0b

Engages in the real estate business in Japan.

Citra Tubindo

Market Cap: Rp4.8t

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

Menthobi Karyatama Raya

Market Cap: Rp1.9t

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

Lan Fa Textile

Market Cap: NT$3.7b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Surya Citra Media

Market Cap: Rp27.2t

Provides multimedia services in Indonesia.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

Tokyo Tekko

Market Cap: JP¥50.3b

Engages in the manufacture and sale of steel and reinforcing bars in Japan.

Advanced International Multitech

Market Cap: NT$10.6b

Advanced International Multitech Co., Ltd.

Kyungbangco.Ltd

Market Cap: ₩274.3b

Engages in textile spinning and real estate development businesses in South Korea.

Cigniti Technologies

Market Cap: ₹49.6b

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

Grade Upon Technology

Market Cap: NT$18.3b

Grade Upon Technology Corporation develops, manufactures, and sells sensor device products in Taiwan.

Araya Industrial

Market Cap: JP¥22.7b

Manufactures and sells steel products in Japan and internationally.

Banyan Tree Holdings

Market Cap: S$537.5m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

Kyoritsu Electric

Market Cap: JP¥19.2b

Provides various systems, testing and measuring instruments, etc.

Wholetech System Hitech

Market Cap: NT$9.3b

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

Hangzhou Xili Intelligent TechnologyLtd

Market Cap: CN¥2.1b

Hangzhou Xili Intelligent Technology Co.,Ltd.

Guangdong Brandmax MarketingLtd

Market Cap: CN¥4.5b

Provides technology-driven new scene experience marketing services in China and internationally.

Fengyinhe Holdings

Market Cap: HK$4.4b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.