Global Undiscovered Gems With Strong Fundamentals

Wilson Bank Holding

Market Cap: US$486.6m

Operates as the bank holding company for Wilson Bank and Trust that provides various banking services to individuals, professionals, and small businesses in Tennessee.

HeXun Biosciences

Market Cap: NT$3.4b

Engages in the research and development of stem cell and treatments in Taiwan.

Sun

Market Cap: MU₨6.2b

Operates in the tourism sector.

Bank Ganesha

Market Cap: Rp1.9t

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

Pro-Hawk

Market Cap: NT$5.3b

Designs, develops, manufactures, and markets bearings, rollers, injection parts, and OEM parts worldwide.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.2t

Engages in the manufacture and sale of sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Tai Sin Electric

Market Cap: S$184.1m

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

Invest Bank

Market Cap: د.أ198.8m

Provides various banking and related financial services in Jordan.

Resource Alam Indonesia

Market Cap: Rp2.0t

Engages in the coal mining business in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.2t

Provides various banking products and services in Indonesia.

Shanghai Pioneer Holding

Market Cap: HK$2.6b

An investment holding company, markets, promotes, and sells pharmaceutical products and medical devices primarily in the People’s Republic of China.

Cita Mineral Investindo

Market Cap: Rp12.2t

Engages in bauxite mining activities in Indonesia.

Misr Beni Suef CementE

Market Cap: ج.م5.1b

Produces and sells cement products in Egypt and internationally.

Suez Canal Company for Technology Settling (S.A.E)

Market Cap: ج.م8.1b

Engages in the establishment and management of technological zones, scientific incubators, and training centers for the preparation of researchers and the transfer of technology, and the provision of related services.

Billion Industrial Holdings

Market Cap: HK$9.7b

Develops, manufactures, and sells polyester filament yarns products, polyester products, polyester industrial yarns products, and ES fiber products in the People’s Republic of China and internationally.

Yibin City Commercial Bank

Market Cap: HK$12.0b

Provides banking and financial products and services to personal and business customers, and small and micro enterprises in the People’s Republic of China.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Sugar Terminals

Market Cap: AU$360.0m

Provides storage and handling solutions for bulk sugar and other commodities in Australia.

Mandiri Herindo Adiperkasa

Market Cap: Rp2.8t

Provides mineral and coal transportation services in Indonesia.

Citra Tubindo

Market Cap: Rp1.9t

Provides pipes and accessories, and related services to the oil and gas industries in Indonesia.

Hong Leong Finance

Market Cap: S$1.1b

Operates as a financial service company for consumer, and small and medium-sized enterprises (SMEs) markets in Singapore.

Padma Oil

Market Cap: ৳17.8b

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

Bakrie & Brothers

Market Cap: Rp5.2t

Through its subsidiaries, engages in the trading, construction, agribusiness, coal mining, oil and gas, and telecommunication business in Indonesia and internationally.

Cardig Aero Services

Market Cap: Rp4.1t

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

Jamuna Bank

Market Cap: ৳16.8b

Provides various banking products and services in Bangladesh.

Ceylinco Holdings

Market Cap: LK₨68.2b

Ceylinco Holdings PLC underwrites various classes of general and life insurance products primarily in Sri Lanka.

Linde Bangladesh

Market Cap: ৳13.6b

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

Taiyo KagakuLtd

Market Cap: JP¥28.3b

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

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp15.0t

Manufactures and sells paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

AB Vilkyskiu pienine

Market Cap: €111.5m

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

National Corporation for Tourism and Hotels

Market Cap: د.إ2.1b

Invests in, owns, and manages hotels and leisure complexes in the United Arab Emirates.

Summit Power

Market Cap: ৳15.6b

Engages in the generation and supply of electricity in Bangladesh.

Prima Andalan Mandiri

Market Cap: Rp17.7t

Through its subsidiaries, operates as a coal mining company in Indonesia.

Vivo Energy Mauritius

Market Cap: MU₨11.7b

Vivo Energy Mauritius Limited markets and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Ege Endüstri ve Ticaret

Market Cap: ₺28.5b

Develops, manufactures, and sells axle and suspension system components for commercial vehicles and special vehicle applications in Turkey and internationally.