Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services 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.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Bank MNC Internasional

Market Cap: Rp2.2t

Provides various banking products and services in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.4t

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

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Cahaya Aero Services

Market Cap: Rp4.3t

PT Cardig Aero Services Tbk, together with its subsidiaries, provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك185.5m

Engages in insurance and reinsurance operations in Kuwait.

Surya Citra Media

Market Cap: Rp10.9t

Provides multimedia services in Indonesia.

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

Market Cap: د.ك40.2m

A private equity firm specializing in direct and fund investments.

Bakrie & Brothers

Market Cap: Rp4.5t

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

Taiyo KagakuLtd

Market Cap: JP¥32.6b

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

Saudi Chemical Holding

Market Cap: ر.س6.2b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

Gulf Insurance Group - Jordan

Market Cap: د.أ88.4m

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

Linde Bangladesh

Market Cap: ৳13.8b

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

Padma Oil

Market Cap: ৳18.3b

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

Monolithisch India

Market Cap: ₹9.1b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Sure Global Tech

Market Cap: ر.س625.8m

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

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

Market Cap: د.ك44.9m

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

MOBI Industry

Market Cap: ر.س657.5m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Soft-World International

Market Cap: NT$15.2b

Develops, operates, and distributes games in Taiwan and China.

Sun

Market Cap: MU₨6.6b

Operates in the tourism sector.

Baazeem Trading

Market Cap: ر.س582.2m

Operates as a FMCG distribution company.

Pizu Group Holdings

Market Cap: HK$1.8b

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

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

SALUS Ljubljana d. d

Market Cap: €328.8m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Tait Marketing & Distribution

Market Cap: NT$4.3b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Yibin City Commercial Bank

Market Cap: HK$11.9b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

AB Vilkyskiu pienine

Market Cap: €123.0m

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

Bank Ganesha

Market Cap: Rp1.9t

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

Citra Tubindo

Market Cap: Rp6.4t

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

Jamuna Bank

Market Cap: ৳15.4b

Provides various banking products and services in Bangladesh.

Yulie Sekuritas Indonesia

Market Cap: Rp4.2t

Operates as a securities company in Indonesia.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp17.2t

Manufactures and sells writing and printing paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

National Investments Company K.S.C.P

Market Cap: د.ك197.7m

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