Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cisadane Sawit Raya

Market Cap: Rp1.9t

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

YagiLtd

Market Cap: JP¥27.9b

Together its subsidiaries, operates as a fiber trading company in Japan.

KG Chemical

Market Cap: ₩388.2b

Manufactures and supplies fertilizers and concrete compound ingredients products in South Korea and internationally.

Jiangsu Lianfa TextileLtd

Market Cap: CN¥4.5b

Engages in the manufacture and sale of textile products in China.

DAM Capital Advisors

Market Cap: ₹14.8b

Provides investment banking services.

VICOM

Market Cap: S$567.3m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

MNtech

Market Cap: ₩303.9b

Manufactures and sells optical films for televisions in South Korea.

SML Mahindra

Market Cap: ₹53.2b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك380.6m

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.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Padma Oil

Market Cap: ৳16.5b

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك116.1m

Provides various insurance products and services in Kuwait.

Najran Cement

Market Cap: ر.س1.1b

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

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.

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

Market Cap: د.ك67.5m

A private equity firm specializing in direct and fund investments.

Cairo Amman Bank

Market Cap: د.أ308.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

KABE Group AB (publ.)

Market Cap: SEK 1.9b

Engages in the construction and sale of caravans, motorhomes, and camping accessories in Sweden, the United Kingdom, Germany, Norway, Finland, Denmark, Poland, and internationally.

First National Bank of Botswana

Market Cap: P13.9b

Provides various banking and related products and services to individuals, and large and small businesses in Botswana.

Wema Bank

Market Cap: ₦766.3b

Provides banking and other financial services to corporate and individual customers in Nigeria.

Transnational Corporation of Nigeria

Market Cap: ₦416.6b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Sopharma AD

Market Cap: лв1.4b

Produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally.

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.6b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Alumil Aluminium Industry

Market Cap: €162.7m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Sociedad Matriz SAAM

Market Cap: CL$1.4t

Through its subsidiaries, provides tugboat services, air cargo logistics, and real estate rentals in South America, Central America, and North America.

VNV Global

Market Cap: SEK 2.8b

VNV Global AB (publ) formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm specializing in growth capital, buyout investments, incubation, seed/startup, early venture, mid venture, late venture.

Sure Global Tech

Market Cap: ر.س462.2m

Provides technological and consultative solutions for public and private sectors 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.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك46.1m

Engages in managing real estate projects in Kuwait.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك192.5m

Engages in insurance and reinsurance operations in Kuwait.

MOBI Industry

Market Cap: ر.س560.0m

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

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

Invests in, operates, and manages duty-free shops.

National Investments Company K.S.C.P

Market Cap: د.ك241.5m

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

Shangri-La Hotel

Market Cap: ฿5.5b

Operates hotels in Bangkok and Chiang Mai provinces.

MCH Group

Market Cap: CHF 106.0m

Operates as a live marketing company that provides a network of services in the exhibition and event market worldwide.