Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Transnational

Market Cap: ₦520.3b

Together with the subsidiaries, engages in the power, oil and gas, and hospitality businesses in Nigeria.

Buana Artha Anugerah

Market Cap: Rp3.1t

Engages in the provision of asset management services 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.

Najran Cement

Market Cap: ر.س1.0b

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

Nofoth Food Products

Market Cap: ر.س824.1m

Produces and sells bakery products in Saudi Arabia.

Etihad GO Telecom

Market Cap: ر.س2.9b

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

AblePrint Technology

Market Cap: NT$45.5b

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

Ruentex Interior Design

Market Cap: NT$3.4b

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

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

Market Cap: د.ك46.1m

A private equity firm specializing in direct and fund investments.

Taiyo KagakuLtd

Market Cap: JP¥50.4b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

JiaXing Gas Group

Market Cap: HK$1.3b

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

Tait Marketing & Distribution

Market Cap: NT$3.8b

Tait Marketing & Distribution Co., Ltd., together with its subsidiaries, import and trades in consumer goods in Taiwan.

Jamuna Bank

Market Cap: ৳22.3b

Provides various banking products and services in Bangladesh.

Surya Toto Indonesia

Market Cap: Rp2.8t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك355.6m

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.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك38.8m

Engages in managing real estate projects in Kuwait.

Hafary Holdings

Market Cap: S$202.4m

An investment holding company, engages in import, export, dealing, distribution, wholesale, and trading in building materials.

Mark Dynamics Indonesia

Market Cap: Rp2.9t

Manufactures and sells hand former products in Indonesia and internationally.

MOBI Industry

Market Cap: ر.س557.0m

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

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

Market Cap: د.ك45.6m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك174.2m

Engages in insurance and reinsurance operations in Kuwait.

ABICO Asia Capital

Market Cap: NT$4.8b

Engages in the investment activities.

Kuwait Insurance CompanyK.P

Market Cap: د.ك111.8m

Provides various insurance products and services in Kuwait.

Surya Citra Media

Market Cap: Rp15.6t

Provides multimedia services in Indonesia.

Baazeem Trading

Market Cap: ر.س532.6m

Operates as a FMCG distribution company.

First Investment Company K.S.C.P

Market Cap: د.ك51.3m

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

Chobe Holdings

Market Cap: P1.7b

Through its subsidiaries, engages in owning and operating ecotourism lodges and camps on leased lands in northern Botswana and the Caprivi Strip in Namibia.

Telekom Networks Malawi

Market Cap: MK 357.6b

Provides telecommunication services to enterprises and individual customers in Malawi.

Central Forest Group

Market Cap: JP¥22.4b

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

Caisse Régionale de Crédit Agricole Mutuel Brie Picardie Société coopérative

Market Cap: €1.5b

Provides a range of banking and financial products and services to individuals, farmers, professionals, businesses, and public authorities in France.

Banco di Desio e della Brianza

Market Cap: €1.1b

Provides banking products and services to individuals and enterprises in Italy.

New Mauritius Hotels

Market Cap: MU₨7.3b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

GROUPE SFPI

Market Cap: €148.5m

Designs, manufactures, and markets equipment for the safety industry in Europe and internationally.

Analyst I.M.S. Investment Management Services

Market Cap: ₪1.8b

A publicly owned investment manager.