Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Oakworth Capital

Market Cap: US$180.2m

Operates as a bank holding company for Oakworth Capital Bank that provides range of banking services in the United States.

Jadranski naftovod d.d

Market Cap: €806.1m

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

Saatvik Green Energy

Market Cap: ₹50.0b

Manufactures and sells solar photovoltaic modules in India and internationally.

PC Jeweller

Market Cap: ₹72.7b

Manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India.

Timex Group India

Market Cap: ₹35.2b

Engages in designing, manufacturing, and trading of watches in India and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

TSTE

Market Cap: ฿4.2b

Primarily engages in the production and distribution of wheat flour in Thailand.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

JiaXing Gas Group

Market Cap: HK$1.1b

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

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

Market Cap: د.ك46.0m

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

China Science and Education Industry Group

Market Cap: HK$792.0m

An investment holding company, provides private higher education and vocational education services in the People’s Republic of China.

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

Market Cap: د.ك67.5m

A private equity firm specializing in direct and fund investments.

Daphne International Holdings

Market Cap: HK$821.1m

An investment holding company, engages in the licensing, distribution, and sale of footwear products and accessories in Mainland China.

MOBI Industry

Market Cap: ر.س560.0m

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

Abans Financial Services

Market Cap: ₹10.4b

Operates as a non-banking finance company in India and internationally.

ABICO Asia Capital

Market Cap: NT$4.8b

Engages in the investment activities.

Taiyo KagakuLtd

Market Cap: JP¥39.3b

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

First Investment Company K.S.C.P

Market Cap: د.ك57.1m

First Investment Company K.S.C.C. is a Shariah compliant privately owned investment manager.

104

Market Cap: NT$7.5b

Engages in the information technology, general advertising, employment, and human resource consultancy services in Taiwan and internationally.

Era Media Sejahtera

Market Cap: Rp2.8t

Operates as an advertising media company in Indonesia.

Namibia Breweries

Market Cap: R6.2b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Productive Business Solutions

Market Cap: US$150.6m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

AblePrint Technology

Market Cap: NT$24.2b

Operates as a process solution provider for reducing process issues for various industries in Taiwan and internationally.

Monarch Networth Capital

Market Cap: ₹24.0b

Provides financial services to high-net-worth individuals, mutual funds, institutional investors, foreign institutional investors, financial institutions and corporate clients in India.

Baazeem Trading

Market Cap: ر.س629.8m

Operates as a FMCG distribution company.

Nofoth Food Products

Market Cap: ر.س938.4m

Produces and sells bakery products in Saudi Arabia.

Qassim Cement

Market Cap: ر.س4.5b

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

Najran Cement

Market Cap: ر.س1.1b

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك192.5m

Engages in insurance and reinsurance operations in Kuwait.

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك31.2m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

Billion Industrial Holdings

Market Cap: HK$9.8b

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.

Standard Chartered Bank Kenya

Market Cap: KSh109.0b

Provides various banking products and services for individuals and businesses.

Gujarat State Fertilizers & Chemicals

Market Cap: ₹67.6b

Produces and sells fertilizers and chemicals in India.

Shangri-La Hotel

Market Cap: ฿5.5b

Operates hotels in Bangkok and Chiang Mai provinces.

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.