Global Undiscovered Gems With Strong Fundamentals

GMM Grammy

Market Cap: ฿4.9b

Engages in the music, satellite television (TV), digital TV, movies, home shopping, and co-investment in other businesses in Thailand.

Dai-Ichi Cutter Kogyo k.k

Market Cap: JP¥15.9b

Engages in the construction and civil engineering activities in Japan.

Beijing Tricolor Technology

Market Cap: CN¥7.3b

Manufactures and sells professional audio and video products worldwide.

NOROO Holdings

Market Cap: ₩160.9b

Operates as a general fine chemical company in South Korea.

Shenzhen V&T Technologies

Market Cap: CN¥4.3b

Engages in the research and development, manufacture, and sale of medium and low voltage inverters, electric vehicle motor controllers, servo drives, inverters, and other power electronic products in China and internationally.

Fischer Medical Ventures

Market Cap: ₹49.2b

Engages in the trading of medical equipment in India and internationally.

Infortrend Technology

Market Cap: NT$6.6b

Engages in the research, development, manufacture, and sale of disk array control systems, network-attached storage systems, storage software, and peripheral components in Europe, Taiwan, China, Japan, the United States, and internationally.

Kung Long Batteries IndustrialLtd

Market Cap: NT$11.8b

Engages in the manufacture and sale of lead-acid batteries in Taiwan.

Daebongls.Co.Ltd

Market Cap: ₩154.0b

Engages in the research, development, and production of cosmetics, pharmaceutical raw materials, food and feed products in South Korea and internationally.

Integral

Market Cap: JP¥98.9b

A private equity firm which specializes in management buyouts, turnaround, leveraged buyouts, mezzanine, and other minority investments.

Anhui Anfu Battery TechnologyLtd

Market Cap: CN¥5.6b

Research, develops, produces, and sells zinc-manganese batteries in China.

Persistence Resources Group

Market Cap: HK$2.5b

An investment holding company, engages in the exploration, mining, processing, and sale of gold bullion in the People’s Republic of China.

Dah San Electric Wire & Cable

Market Cap: NT$9.9b

Engages in the production and sale of power cables, communication cables, electronic wires, and bare copper wires.

Signpost India

Market Cap: ₹11.3b

Provides digital out-of-home (DOOH) advertising services in India.

YungShin Global Holding

Market Cap: NT$18.2b

Through its subsidiaries, invests in, manufactures, and sells medicines, animal drugs, agricultural chemicals, industrial medicines, and cosmetics.

EDIMAX Technology

Market Cap: NT$4.6b

Engages in the design, development, manufacture, and marketing of networking solutions to SOHO and SME markets, and other businesses in Europe, the United States, Asia, and internationally.

OPEN Group

Market Cap: JP¥18.0b

Operates as a technology company.

Dong-Ah Geological Engineering

Market Cap: ₩191.8b

Dong-Ah Geological Engineering Company Ltd.

Ashimori Industry

Market Cap: JP¥16.5b

Manufactures and sells automotive safety systems in Japan and internationally.

Jiangxi Bank

Market Cap: HK$4.5b

Provides corporate and retail banking services in the People's Republic of China.

EZconn

Market Cap: NT$32.4b

Manufactures and sells precision metal components and optical fiber components of various electronic products in Taiwan, Asia, the United States, and Europe.

Chugai Ro

Market Cap: JP¥28.7b

Engages in the development of technologies in the thermal technology field in Japan and internationally.

WenYi Trinity Technology

Market Cap: CN¥4.6b

Researches and develops molds and equipment technology for the semiconductor and chemical building materials industries in China and internationally.

CEL

Market Cap: JP¥16.2b

Provides consulting services on land utilization.

Guangzhou Jiacheng International LogisticsLtd

Market Cap: CN¥4.5b

Guangzhou Jiacheng International Logistics Co.,Ltd.

Kitano Construction

Market Cap: JP¥26.4b

A general contractor, engages in the planning, designing, management, and consulting of construction works in Japan and internationally.

Carlton Investments

Market Cap: AU$866.1m

Carlton Investments Limited is a publicly owned asset management holding company.

Nakano

Market Cap: JP¥26.6b

Engages in the construction and real estate business in Japan, Singapore, Malaysia, Indonesia, Thailand, Vietnam, and internationally.

Hoechst Pakistan

Market Cap: PK₨31.3b

Engages in the manufacture, trading, and sale of pharmaceutical and related products in Pakistan, Afghanistan, and internationally.

Yodogawa Steel Works

Market Cap: JP¥165.1b

Manufactures and sells steel products for industrial and consumer products in Japan.

Suresofttech

Market Cap: ₩274.5b

Operates as a mission critical software company in South Korea.

Taiwan Speciality Chemicals

Market Cap: NT$28.1b

Manufactures and sells specialty electronic-graded gases and chemicals in Taiwan.

Sanshin Electronics

Market Cap: JP¥24.7b

Sells and trades in electronic components and other devices in Japan and internationally.

Avaland Berhad

Market Cap: RM 429.8m

An investment holding company, operates as a property development company in Malaysia.

LH Financial Group

Market Cap: ฿16.5b

An investment holding company, engages in the banking business in Thailand.

FFRI Security

Market Cap: JP¥28.1b

Engages in research and consulting related to computer security products in Japan.