Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

PINAGO UTAMA

Market Cap: Rp2.0t

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

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

GB Holdings

Market Cap: US$54.2m

Provides rubber and chemical products in Zimbabwe.

Birikim Varlik Yonetim Anonim Sirketi

Market Cap: ₺4.9b

Operates as an asset management company.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$28.2b

Operates self-service stores that sell office supplies, electronic goods, and housewares in Mexico, Central America, the Caribbean, Colombia, and Chile.

Maistra d.d

Market Cap: €580.0m

Engages in the hotel business in Croatia.

ANSA Merchant Bank

Market Cap: TT$3.3b

Provides a range of banking and financial services in Trinidad and Tobago, and Barbados.

Capricorn Group

Market Cap: R11.1b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

Nigerian Aviation Handling

Market Cap: ₦216.3b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Morris State Bancshares

Market Cap: US$260.9m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Wilson Bank Holding

Market Cap: US$1.8b

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to consumers, professionals, small businesses, and municipalities in Tennessee.

Southern Michigan Bancorp

Market Cap: US$107.5m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Practic

Market Cap: RON 736.5m

Engages in the lease and sublease of real estate properties in Romania.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

Researches, develops, produces, and sells black sesame health products in China.

WuHu Foresight TechnologyLtd

Market Cap: CN¥6.2b

Engages in the research and development, manufacture, and sale of automotive interior parts in China.

Sinotherapeutics

Market Cap: CN¥5.5b

A specialty pharmaceutical company, develops generic and formulation products in China.

Jinlihua Electric

Market Cap: CN¥3.2b

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.

Bank Ganesha

Market Cap: Rp1.8t

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

Wuxi Xinan Technology

Market Cap: CN¥2.9b

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

DorightLtd

Market Cap: CN¥4.9b

Engages in the design, research and development, manufacture, inspection, sale, and servicing of energy-saving environmental protection equipment in China.

Hefei Gocom Information TechnologyLtd

Market Cap: CN¥1.8b

Hefei Gocom Information Technology Co.,Ltd.

Citra Tubindo

Market Cap: Rp5.4t

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

Synic SolutionLtd

Market Cap: ₩203.5b

Synic Solution Co., Ltd. provides semiconductor design solutions and foundry services to global fabless customers.

CTCI Advanced Systems

Market Cap: NT$4.5b

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

BioDlink International

Market Cap: HK$1.9b

An investment holding company, engages in the research and development, manufacturing, and marketing of anti-tumor drugs in Mainland China and internationally.

Hayleys

Market Cap: LK₨143.8b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Bajel Projects

Market Cap: ₹28.4b

Engages in the engineering, procurement, and construction (EPC) for power transmission and distribution projects in India and internationally.

Anhui Wanyi Science and TechnologyLtd

Market Cap: CN¥3.0b

AnHui Wanyi Science and Technology Co.,Ltd.

Advanced International Multitech

Market Cap: NT$9.5b

Advanced International Multitech Co., Ltd.

E J Holdings

Market Cap: JP¥28.9b

Through its subsidiaries, engages in the civil engineering consultant business in Japan and internationally.

Maxigen Biotech

Market Cap: NT$4.0b

Researches, develops, produces, and sells implantable medical devices and cosmetic products in Taiwan, America, Europe, rest of Asia, and internationally.

Miwon Chemicals

Market Cap: ₩173.1b

Develops, manufactures, and sells performance chemicals for use in the rubber, detergent, and personal care industries worldwide.

Darwin

Market Cap: €87.6m

Operates as a biotechnology company.