Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Amir Marketing and Investments in Agriculture

Market Cap: ₪423.7m

Supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪403.2m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Potasios de Chile

Market Cap: CL$488.3b

Engages in investment in shares and other financial instruments in Chile.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Lavipharm

Market Cap: €131.4m

Engages in the research, development, manufacture, import, marketing, sale, and wholesale of pharmaceutical, cosmetics, and healthcare products to physicians and pharmacists in Greece and internationally.

Zhejiang Haisen Pharmaceutical

Market Cap: CN¥3.8b

Engages in the research and development, production, and sale of chemical active pharmaceutical ingredient and intermediates in China.

Cita Mineral Investindo

Market Cap: Rp15.7t

Engages in bauxite mining activities in Indonesia.

Master Trust

Market Cap: ₹18.2b

Provides financial services in India.

System ResearchLtd

Market Cap: JP¥36.5b

Offers software development services in Japan.

Imuraya Group

Market Cap: JP¥31.9b

Manufactures and sells various food products in Japan and internationally.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.3b

Provides telecommunication products and services for individuals and businesses in the Kingdom of Saudi Arabia and internationally.

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

Invests in, operates, and manages duty-free shops.

National Environmental Recycling

Market Cap: ر.س895.0m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

ITCENGLOBAL

Market Cap: ₩377.3b

Provides consulting, ICT, and outsourcing services and solutions in South Korea.

Najran Cement

Market Cap: ر.س1.4b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك400.2m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Baazeem Trading

Market Cap: ر.س578.1m

Operates as a FMCG distribution company.

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

Market Cap: د.ك47.2m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

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

DINE. de

Market Cap: Mex$14.2b

Develops real estate projects in Mexico.

MOBI Industry

Market Cap: ر.س650.0m

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

Sure Global Tech

Market Cap: ر.س616.0m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك179.7m

Engages in insurance and reinsurance operations in Kuwait.

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

Market Cap: د.ك43.2m

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

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

Market Cap: د.ك37.9m

A private equity firm specializing in direct and fund investments.

National Investments Company K.S.C.P

Market Cap: د.ك193.7m

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

Saudi Chemical Holding

Market Cap: ر.س6.4b

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.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Billion Industrial Holdings

Market Cap: HK$9.4b

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.

PAN Group

Market Cap: ₫7.2t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.