Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Procimmo Group

Market Cap: CHF 432.4m

A holding company, engages in the investment, management, and sale of real estate properties in Switzerland.

Cigniti Technologies

Market Cap: ₹35.1b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Cahaya Aero Services

Market Cap: Rp3.8t

Provides cargo and ground handling services in Indonesia.

Wholetech System Hitech

Market Cap: NT$9.8b

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

PAN Group

Market Cap: ₫6.8t

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

Lippo Cikarang

Market Cap: Rp3.5t

Develops real estate and industrial estate projects in Indonesia.

Monolithisch India

Market Cap: ₹10.4b

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

Thai Steel Cable

Market Cap: ฿3.8b

Manufactures and distributes automobile and motorcycle control cables, and automobile window regulators in Thailand.

VICOM

Market Cap: S$648.9m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Hextar Global Berhad

Market Cap: RM 3.0b

An investment holding company, engages in manufacturing, trading, and distribution of a various agrochemicals and fertilisers in Malaysia.

HG Metal Manufacturing

Market Cap: S$170.3m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

JB Foods

Market Cap: S$228.7m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Banyan Tree Holdings

Market Cap: S$533.6m

An investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally.

PINAGO UTAMA

Market Cap: Rp2.8t

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

Buana Artha Anugerah

Market Cap: Rp2.9t

Engages in the provision of asset management services in Indonesia.

PC Jeweller

Market Cap: ₹93.2b

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

Indo Tech Transformers

Market Cap: ₹21.7b

Manufactures and sells transformers in India and internationally.

TechNVision Ventures

Market Cap: ₹36.7b

Provides information technology products and services in India and internationally.

Goldiam International

Market Cap: ₹46.6b

Manufactures and sells gold/silver/platinum and diamond studded jewelry products in India.

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

Market Cap: د.ك52.4m

A private equity firm specializing in direct and fund investments.

BLS E-Services

Market Cap: ₹16.0b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Cairo Amman Bank

Market Cap: د.أ280.0m

Provides various banking and financial services for corporate and institutional customers.

Monarch Networth Capital

Market Cap: ₹23.5b

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

Shipping Corporation of India

Market Cap: ₹140.0b

A marginal liner shipping company, engages in the business of transporting goods in India.

Ramco Industries

Market Cap: ₹23.8b

Engages in the building products, textiles, and power generation businesses in India.

Central Forest Group

Market Cap: JP¥22.3b

Engages in the wholesale of food, alcoholic beverages, and other related consumer products in Japan.

SALUS Ljubljana d. d

Market Cap: €517.8m

Engages in the distribution, promotion, sales services, and value-added services for medicinal products or medical devices in Slovenia and internationally.

Insolation Energy

Market Cap: ₹31.7b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

SML Mahindra

Market Cap: ₹58.1b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك40.9m

Engages in managing real estate projects in Kuwait.

National Investments Company K.S.C.P

Market Cap: د.ك211.1m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

Fauji Foods

Market Cap: PK₨45.3b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

First Investment Company K.S.C.P

Market Cap: د.ك55.7m

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

Bank Ganesha

Market Cap: Rp3.0t

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

Southeast Asia Commercial Bank

Market Cap: ₫47.8t

Provides retail and corporate banking products and services in Vietnam.