Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

TSTE

Market Cap: ฿4.0b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ78.0m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Shangri-La Hotel

Market Cap: ฿5.4b

Operates hotels in Bangkok and Chiang Mai provinces.

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.

Jamuna Bank

Market Cap: ৳19.8b

Provides various banking products and services in Bangladesh.

Kuwait Insurance CompanyK.P

Market Cap: د.ك109.0m

Provides various insurance products and services in Kuwait.

Padma Oil

Market Cap: ৳16.6b

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

Procimmo Group

Market Cap: CHF 364.9m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Taiyo KagakuLtd

Market Cap: JP¥39.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Sakar Healthcare

Market Cap: ₹9.3b

Research, develops, manufactures, and sells pharmaceutical products in India.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

Hind Rectifiers

Market Cap: ₹25.1b

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

Australian United Investment

Market Cap: AU$1.4b

A publicly owned investment manager.

Enviro Infra Engineers

Market Cap: ₹36.2b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

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

Market Cap: د.ك30.7m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك192.3m

Engages in insurance and reinsurance operations in Kuwait.

Hearts and Minds Investments

Market Cap: AU$725.9m

n/a

Freetrailer Group

Market Cap: €724.4m

A technology company, operates a sharing-economy platform for the free rental of trailers and cargo bikes in Denmark, Sweden, Germany, and the Netherlands.

KP Green Engineering

Market Cap: ₹21.4b

Engages in engineering and manufacture of steel structure in India.

Mamata Machinery

Market Cap: ₹10.3b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

PC Jeweller

Market Cap: ₹76.6b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Saatvik Green Energy

Market Cap: ₹46.8b

Manufactures and sells solar photovoltaic modules in India and internationally.

Te Chang Construction

Market Cap: NT$7.5b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

BLS E-Services

Market Cap: ₹19.7b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

DAM Capital Advisors

Market Cap: ₹15.1b

Provides investment banking services.

SML Mahindra

Market Cap: ₹54.7b

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

Knowledge Marine & Engineering Works

Market Cap: ₹43.7b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Standard Chartered Bank Kenya

Market Cap: KSh108.6b

Provides various banking products and services for individuals and businesses.

National Investments Company K.S.C.P

Market Cap: د.ك243.1m

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

Najran Cement

Market Cap: ر.س1.1b

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

PINAGO UTAMA

Market Cap: Rp2.4t

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

Lippo Cikarang

Market Cap: Rp2.9t

Develops real estate and industrial estate projects in Indonesia.

Tai Sin Electric

Market Cap: S$273.9m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.