Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

Standard Bank

Market Cap: MK 2.2t

Provides banking and other related services in Malawi.

Jamuna Bank

Market Cap: ৳15.9b

Provides various banking products and services in Bangladesh.

MAPFRE Middlesea

Market Cap: €137.1m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Keir International

Market Cap: ر.س474.0m

Provides a range of service solutions.

Compañía Electro Metalúrgica

Market Cap: CL$328.9b

Operates as producers and vendors of integrated solutions for the mining market in Chile and internationally.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Potasios de Chile

Market Cap: CL$536.2b

Engages in investment in shares and other financial instruments in Chile.

Nippon Sharyo

Market Cap: JP¥30.4b

Engages in the manufactures and sale of railway rolling stock, transportation equipment, steel structures, and construction equipment; and engineering and other activities in Japan, the United States, Asia, and internationally.

Nanfang Black Sesame GroupLtd

Market Cap: CN¥4.9b

Researches, develops, produces, and sells black sesame health products in China.

Qingmu Tec

Market Cap: CN¥4.6b

Provides brand retail solutions.

ShenZhen Click TechnologyLTD

Market Cap: CN¥6.0b

Designs, produces, sells, and services LED lighting power supplies, power battery chargers, communication power supplies, adapters, magnetic components, electric car chargers, charging piles, and others in China and internationally.

Tohoku Steel

Market Cap: JP¥14.9b

Engages in the manufacturing, processing, and distribution of various types of special steel products in Japan.

Alltek Technology

Market Cap: NT$9.0b

Operates as a communication components distributor and solution provider in Taiwan, China, and internationally.

Champion Building MaterialsLtd

Market Cap: NT$4.3b

Champion Building Materials Co., Ltd., together with its subsidiaries, manufactures and markets ceramics, ceramic products, stone products, fire-resistant materials, and other chemical products.

Tai Sin Electric

Market Cap: S$191.0m

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

Hunan Investment GroupLtd

Market Cap: CN¥2.7b

Engages in the construction and operation of highways, bridges, and various urban infrastructures in China.

Shanghai Haixin Group

Market Cap: CN¥5.9b

Engages in the pharmaceutical, textile and clothing, and finance businesses.

Ningbo Henghe Precision IndustryLtd

Market Cap: CN¥3.0b

Ningbo Henghe Precision Industry Co.,Ltd.

Lee's Pharmaceutical Holdings

Market Cap: HK$842.0m

An investment holding company, develops, manufactures, markets, and sells pharmaceutical products primarily in the People's Republic of China.

Standard Foods

Market Cap: NT$30.3b

Manufactures and sells nutritious foods, edible oil, dairy products, and beverages in Taiwan and internationally.

Cigniti Technologies

Market Cap: ₹44.6b

Provides software testing services worldwide.

CHANGE HoldingsInc

Market Cap: JP¥81.9b

Provides IT human resources development training services in Japan.

Shenzhen Coship Electronics

Market Cap: CN¥7.8b

Engages in the manufacture and sale of smart home products and services worldwide.

Southeast Asia Commercial Bank

Market Cap: ₫51.8t

Provides retail and corporate banking products and services in Vietnam.

Hokkan Holdings

Market Cap: JP¥23.4b

Through its subsidiaries, engages in the container, filling, and machinery production businesses in Taiwan.

Thai Steel Cable

Market Cap: ฿3.4b

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

Knowledge Marine & Engineering Works

Market Cap: ₹17.2b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

Toukei Computer

Market Cap: JP¥67.7b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

Shipping Corporation of India

Market Cap: ₹99.5b

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

Top Union Electronics

Market Cap: NT$5.0b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

AlpenLtd

Market Cap: JP¥91.5b

Engages in the development and sale of sporting products in Japan.

Ruentex Interior Design

Market Cap: NT$3.6b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Oswal Greentech

Market Cap: ₹11.9b

Develops real estate projects in India.

Bengal & Assam

Market Cap: ₹85.1b

Operates as an investment company in India and internationally.