Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Citra Tubindo

Market Cap: Rp6.3t

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

Linde Bangladesh

Market Cap: ৳14.4b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Padma Oil

Market Cap: ৳19.5b

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

Gulf Insurance Group - Jordan

Market Cap: د.أ96.7m

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

Advanced International Multitech

Market Cap: NT$10.0b

Advanced International Multitech Co., Ltd.

Voltamp Energy SAOG

Market Cap: ر.ع76.8m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

Bank Ganesha

Market Cap: Rp1.9t

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

Cisadane Sawit Raya

Market Cap: Rp1.7t

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

Pro-Hawk

Market Cap: NT$5.3b

Designs, develops, manufactures, and markets bearings, rollers, injection parts, and OEM parts worldwide.

Billion Industrial Holdings

Market Cap: HK$9.3b

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.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Wholetech System Hitech

Market Cap: NT$6.7b

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

Sure Global Tech

Market Cap: ر.س616.0m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Shangri-La Hotel

Market Cap: ฿6.1b

Operates hotels in Bangkok and Chiang Mai provinces.

Jiin Ming Industry

Market Cap: NT$4.0b

Provides design manufacturing services in Taiwan.

Eclatorq Technology

Market Cap: NT$3.2b

Manufactures and sells hand tools in Taiwan.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

National General Insurance (P.J.S.C.)

Market Cap: د.إ1.0b

Engages in underwriting various classes of life and general insurance, and reinsurance businesses in the United Arab Emirates.

TSTE

Market Cap: ฿4.5b

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

China SXT Pharmaceuticals

Market Cap: US$178.7m

A pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China.

La Forestière Equatoriale

Market Cap: €108.8m

Does not have any significant operations.

Reitar Logtech Holdings

Market Cap: US$276.0m

Through its subsidiaries, provides construction management and engineering design services.

GB Holdings

Market Cap: US$54.0m

Provides rubber and chemical products in Zimbabwe.

Pure Cycle

Market Cap: US$241.0m

Provides wholesale water and wastewater services in the United States.

MCH Group

Market Cap: CHF 115.6m

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

va-Q-tec

Market Cap: €395.1m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Zona Franca de Iquique

Market Cap: CL$215.3b

Operates premises for wholesale and retail business centers in the duty-free zones of South America.

Zespól Elektrocieplowni Wroclawskich KOGENERACJA

Market Cap: zł916.4m

Zespól Elektrocieplowni Wroclawskich KOGENERACJA S.A.

Acsion

Market Cap: R2.3b

Engages in property holding and development activities in South Africa and internationally.

NSIA Banque Société Anonyme

Market Cap: XOF 239.8b

Provides various banking products and services.

Transcorp Power

Market Cap: ₦2.4t

Engages in the generation and sale of electric power in Nigeria and internationally.

Solesence

Market Cap: US$269.9m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

FineMark Holdings

Market Cap: US$503.6m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Valhi

Market Cap: US$472.2m

Engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €96.6m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.