Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Padma Oil

Market Cap: ৳19.8b

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

National Credit and Commerce Bank

Market Cap: ৳13.3b

Provides various commercial banking products and services in Bangladesh.

Linde Bangladesh

Market Cap: ৳14.7b

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

Cahaya Aero Services

Market Cap: Rp4.4t

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

Indo Tech Transformers

Market Cap: ₹19.7b

Manufactures and sells transformers in India and internationally.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك183.0m

Engages in insurance and reinsurance operations in Kuwait.

Baazeem Trading

Market Cap: ر.س588.3m

Operates as a FMCG distribution company.

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

Market Cap: د.ك48.5m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.7b

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

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Saudi Chemical Holding

Market Cap: ر.س6.1b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

National Environmental Recycling

Market Cap: ر.س881.6m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.3b

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

MOBI Industry

Market Cap: ر.س650.0m

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

Sure Global Tech

Market Cap: ر.س632.9m

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

National Investments Company K.S.C.P

Market Cap: د.ك197.7m

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

Najran Cement

Market Cap: ر.س1.4b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك408.9m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Jordanian Duty Free Shops

Market Cap: د.أ153.0m

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

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

Market Cap: د.ك38.7m

A private equity firm specializing in direct and fund investments.

Sing Investments & Finance

Market Cap: S$307.4m

Provides f financial products and services to individuals and corporations in Singapore.

Jagsonpal Pharmaceuticals

Market Cap: ₹17.5b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

SML Isuzu

Market Cap: ₹55.3b

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

Tai Sin Electric

Market Cap: S$248.5m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.

Voltamp Energy SAOG

Market Cap: ر.ع76.8m

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

AB Vilkyskiu pienine

Market Cap: €123.6m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Rrp Semiconductor

Market Cap: ₹41.6b

Trades in electronic parts in India.

Amir Marketing and Investments in Agriculture

Market Cap: ₪425.7m

Supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪402.0m

Provides solutions in the areas of homeland security (HLS), communication infrastructure, and defense technologies.

Network People Services Technologies

Market Cap: ₹35.4b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Genesys International

Market Cap: ₹25.2b

Provides geographical information services in India and internationally.

Credo Brands Marketing

Market Cap: ₹10.6b

Credo Brands Marketing Limited retails men’s casual wear under the MUFTI brand name in India.