Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Sinopower Semiconductor

Market Cap: NT$3.6b

Engages in the research, design, manufacture, and sale of power semiconductor components and related modules in Taiwan and internationally.

Surya Toto Indonesia

Market Cap: Rp2.6t

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

SALUS Ljubljana d. d

Market Cap: €351.8m

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

Fortune Mate Indonesia

Market Cap: Rp2.4t

Provides real estate development and construction services in Indonesia.

Cahaya Aero Services

Market Cap: Rp5.7t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Gallant Precision Machining

Market Cap: NT$15.2b

Engages in the research and development, production, manufacture, and sale of flat panel display testing, semiconductor assembly, and intelligent automation equipment in Taiwan, China, and internationally.

Monolithisch India

Market Cap: ₹9.3b

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

Uniplus Electronics

Market Cap: NT$6.5b

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

Linde Bangladesh

Market Cap: ৳14.4b

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

National Investments Company K.S.C.P

Market Cap: د.ك196.1m

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

Nestlé Pakistan

Market Cap: PK₨379.6b

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

Baazeem Trading

Market Cap: ر.س556.9m

Operates as a FMCG distribution company.

Palasino Holdings

Market Cap: HK$1.9b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Wholetech System Hitech

Market Cap: NT$10.0b

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

Dwi Guna Laksana

Market Cap: Rp2.2t

Engages in the coal mining and trading activities in Indonesia.

MOBI Industry

Market Cap: ر.س587.5m

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

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Standard Chartered Bank Kenya

Market Cap: KSh120.2b

Provides various banking products and services for individuals and businesses.

Voltamp Energy SAOG

Market Cap: ر.ع77.7m

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

Padma Oil

Market Cap: ৳19.7b

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

Taiyo KagakuLtd

Market Cap: JP¥35.3b

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

Cherat Cement

Market Cap: PK₨64.3b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Britam Holdings

Market Cap: KSh22.3b

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in tourism business.

Citra Tubindo

Market Cap: Rp4.5t

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

Soft-World International

Market Cap: NT$15.6b

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

Green World Fintech Service

Market Cap: NT$11.5b

A financial technology service company, provides third-party payment services in Taiwan.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

Jadranski naftovod d.d

Market Cap: €831.3m

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

Pizu Group Holdings

Market Cap: HK$2.0b

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

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Advanced International Multitech

Market Cap: NT$9.2b

Advanced International Multitech Co., Ltd.