Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

DINE. de

Market Cap: Mex$13.8b

Develops real estate projects in Mexico.

Wan Hwa Enterprise

Market Cap: NT$5.1b

Engages in the rental of commercial buildings in Taiwan.

Korea Ratings

Market Cap: ₩437.6b

Provides credit rating and business valuation services in South Korea.

Advanced International Multitech

Market Cap: NT$9.1b

Advanced International Multitech Co., Ltd.

Gallant Precision Machining

Market Cap: NT$14.6b

Engages in the research and development, production, manufacture, and sale of flat panel display testing, semiconductor assembly, and intelligent automation equipment in Taiwan, China, and internationally.

Akatsuki

Market Cap: JP¥17.0b

Engages in the real estate and securities businesses in Japan.

Forth Smart Service

Market Cap: ฿4.6b

Provides prepaid mobile top-up services in Thailand.

Britam Holdings

Market Cap: KSh22.2b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

104

Market Cap: NT$7.4b

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

Kyoritsu Electric

Market Cap: JP¥20.7b

Provides various systems, testing and measuring instruments, etc.

CTCI Advanced Systems

Market Cap: NT$4.3b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

OpenWork

Market Cap: JP¥26.6b

Develops and manages a job and recruitment information platform in Japan.

Showbox

Market Cap: ₩170.1b

Engages in the investment, production, and distribution of films in South Korea, North America, Asia, Europe, and internationally.

Suzhou Sepax Technologies

Market Cap: CN¥8.4b

Researches, develops, produces, and sells liquid chromatography materials for the separation and purification of biomacromolecules and other drugs worldwide.

Tai Sin Electric

Market Cap: S$246.2m

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

Asian Terminals

Market Cap: ₱53.6b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

HARBIN GLORIA PHARMACEUTICALS

Market Cap: CN¥8.1b

Harbin Gloria Pharmaceuticals Co., Ltd engages in the research, development, production, and sale of pharmaceutical products primarily in the People’s Republic of China.

Chongqing Machinery & Electric

Market Cap: HK$6.4b

Designs, manufactures, and sells clean energy equipment and high-end smart manufacturing equipment.

Taiyo KagakuLtd

Market Cap: JP¥35.2b

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

Anhui Wanyi Science and TechnologyLtd

Market Cap: CN¥3.0b

AnHui Wanyi Science and Technology Co.,Ltd.

Rrp Semiconductor

Market Cap: ₹60.6b

Trades in electronic parts in India.

Wuxi Xinan Technology

Market Cap: CN¥3.0b

Engages in the research, development, production, and sale of aluminum alloy auto parts for commercial vehicles and passenger cars.

CMC

Market Cap: JP¥22.0b

Provides manual creation, business process management, training, translation, and interpretation services in Japan.

SML Isuzu

Market Cap: ₹65.7b

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

Cherat Cement

Market Cap: PK₨64.9b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

ASRock Rack Incorporation

Market Cap: NT$24.3b

Provides cloud computing server hardware products in Taiwan and internationally.

Jinlihua Electric

Market Cap: CN¥2.5b

Engages in the research, development, manufacture, and supply of functional glass and insulation products for use in HV, UHV, and EHV transmission lines in China and internationally.

Toukei Computer

Market Cap: JP¥74.5b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Abans Financial Services

Market Cap: ₹11.2b

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

Zhejiang Wanfeng ChemicalLtd

Market Cap: CN¥2.3b

Engages in the research, development, production, and sale of disperse dyes and filter cakes in China and internationally.

Ohashi Technica

Market Cap: JP¥29.3b

Develops, manufactures, and sells automotive parts and other components in Japan, the United States, Mexico, Thailand, Taiwan, China, and Europe.

Ruentex Interior Design

Market Cap: NT$3.3b

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

Genesys International

Market Cap: ₹24.9b

Provides geographical information services in India and internationally.

Kondotec

Market Cap: JP¥42.3b

Engages in the manufacture, procurement, import, sale, wholesale, and export of industrial materials primarily in the retail hardware business in Japan and internationally.