Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Develops, manufactures, and sells medicines in Bulgaria.

Practic

Market Cap: RON 736.5m

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

Morris State Bancshares

Market Cap: US$237.0m

Operates as the bank holding company for Morris Bank that provides various financial services to individuals and small businesses in Georgia.

Cita Mineral Investindo

Market Cap: Rp16.3t

Engages in bauxite mining activities in Indonesia.

Sure Global Tech

Market Cap: ر.س502.6m

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

Sun

Market Cap: MU₨7.4b

Operates in the tourism sector.

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.6b

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

Nusantara Pelabuhan Handal

Market Cap: Rp2.6t

Manages and operates container terminals in Indonesia and internationally.

MOBI Industry

Market Cap: ر.س551.0m

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

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

Market Cap: د.إ1.1b

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

Taiyo KagakuLtd

Market Cap: JP¥35.9b

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

JiaXing Gas Group

Market Cap: HK$1.1b

Engages in the sale of piped natural gas (PNG) in Mainland China.

Najran Cement

Market Cap: ر.س1.3b

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

Surya Toto Indonesia

Market Cap: Rp2.7t

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

Hayleys

Market Cap: LK₨130.9b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Central Finance

Market Cap: LK₨65.3b

Provides various financial solutions primarily in Sri Lanka.

Anpec Electronics

Market Cap: NT$13.7b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Bank Ganesha

Market Cap: Rp2.6t

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

Baazeem Trading

Market Cap: ر.س553.8m

Operates as a FMCG distribution company.

Mulpha International Bhd

Market Cap: RM 933.8m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Qassim Cement

Market Cap: ر.س4.5b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

MKH Berhad

Market Cap: RM 571.2m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

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.

Cahaya Aero Services

Market Cap: Rp5.4t

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

Digital Mediatama Maxima

Market Cap: Rp2.6t

Operates an integrated marketing platform.

Voltamp Energy SAOG

Market Cap: ر.ع79.4m

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

Padma Oil

Market Cap: ৳19.6b

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

PBA Holdings Bhd

Market Cap: RM 645.4m

An investment holding company, operates as a water supplier in Malaysia.

Green World Fintech Service

Market Cap: NT$10.8b

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

Cisadane Sawit Raya

Market Cap: Rp1.8t

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

Etihad Atheeb Telecommunication

Market Cap: ر.س3.8b

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Linde Bangladesh

Market Cap: ৳14.5b

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