Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Najran Cement

Market Cap: ر.س1.4b

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

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك45.7m

Engages in the real estate development and investment activities in Kuwait and rest of GCC countries.

Linde Bangladesh

Market Cap: ৳13.6b

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

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

Market Cap: د.ك39.2m

A private equity firm specializing in direct and fund investments.

Padma Oil

Market Cap: ৳18.0b

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

Fortune Mate Indonesia

Market Cap: Rp2.2t

Provides real estate development and construction services in Indonesia.

Billion Industrial Holdings

Market Cap: HK$9.5b

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.

Dwi Guna Laksana

Market Cap: Rp2.0t

Engages in the coal mining and trading activities in Indonesia.

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.

MAPFRE Middlesea

Market Cap: €128.8m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Kuwait Company for Process Plant Construction and Contracting K.S.C.P

Market Cap: د.ك45.1m

The Kuwait Company for Process Plant Construction and Contracting K.S.C.P.

Surya Toto Indonesia

Market Cap: Rp2.4t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

Vinacomin - Power Holding

Market Cap: ₫8.4t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Citra Tubindo

Market Cap: Rp6.6t

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

Advanced International Multitech

Market Cap: NT$10.0b

Advanced International Multitech Co., Ltd.

Johnson Chemical Pharmaceutical Works

Market Cap: NT$2.9b

Johnson Chemical Pharmaceutical Works Co., Ltd.

Pizu Group Holdings

Market Cap: HK$1.6b

An investment holding company, engages in the manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Li Ming Development Construction

Market Cap: NT$4.9b

Li Ming Development Construction Co., Ltd.

CTCI Advanced Systems

Market Cap: NT$3.2b

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

Practic

Market Cap: RON 736.5m

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

Jadranski naftovod d.d

Market Cap: €806.1m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

Mark Dynamics Indonesia

Market Cap: Rp2.5t

Manufactures and sells hand former products in Indonesia and internationally.

Surya Citra Media

Market Cap: Rp9.5t

Provides multimedia services in Indonesia.

Uniplus Electronics

Market Cap: NT$4.8b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

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

Nestlé Pakistan

Market Cap: PK₨317.5b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Jamuna Bank

Market Cap: ৳15.5b

Provides various banking products and services in Bangladesh.

Britam Holdings

Market Cap: KSh19.2b

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

Sun

Market Cap: MU₨7.0b

Operates in the tourism sector.

Taiyo KagakuLtd

Market Cap: JP¥32.8b

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

Bakrie & Brothers

Market Cap: Rp4.7t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ82.9m

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

AB Vilkyskiu pienine

Market Cap: €133.8m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Donpon Precision

Market Cap: NT$3.7b

Researches, develops, manufactures, and sells automotive electronic products and plastic precision components in Taiwan and Mainland China.