Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Bank Ganesha

Market Cap: Rp2.9t

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

Smart Shooter

Market Cap: ₪986.6m

Designs and develops fire control systems in Israel, North America, Europe, Australia and New Zealand.

Namibia Breweries

Market Cap: R6.3b

Engages in brewing and distribution of alcoholic beverages, and manufacture of soft drinks in Namibia and South Africa.

Asian Terminals

Market Cap: ₱54.0b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Ideal Capital Berhad

Market Cap: RM 1.8b

An investment holding company, engages in the property development business in Malaysia.

Banyan Tree Holdings

Market Cap: S$494.1m

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.

Indo Tech Transformers

Market Cap: ₹13.8b

Manufactures and sells transformers in India and internationally.

Abans Financial Services

Market Cap: ₹10.2b

Operates as a non-banking finance company in India and internationally.

YuanShengTai Dairy Farm

Market Cap: HK$1.6b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

TechNVision Ventures

Market Cap: ₹37.7b

Provides information technology products and services in India and internationally.

Thai Steel Cable

Market Cap: ฿3.7b

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

Piccadily Agro Industries

Market Cap: ₹53.2b

Manufactures and develops alcoholic beverages in India.

Hayleys

Market Cap: LK₨155.6b

Operates in the manufacturing, agriculture, and services sectors worldwide.

JiaXing Gas Group

Market Cap: HK$1.3b

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

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹9.7b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

HG Metal Manufacturing

Market Cap: S$166.2m

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

JB Foods

Market Cap: S$235.6m

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.

Shipping Corporation of India

Market Cap: ₹108.7b

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

Ramco Industries

Market Cap: ₹22.5b

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

Yibin City Commercial Bank

Market Cap: HK$12.1b

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

Krishana Phoschem

Market Cap: ₹30.1b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

MMTC

Market Cap: ₹89.6b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

KP Green Engineering

Market Cap: ₹17.6b

Engages in engineering and manufacture of steel structure in India.

BLS E-Services

Market Cap: ₹13.1b

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

Insolation Energy

Market Cap: ₹22.3b

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

Monarch Networth Capital

Market Cap: ₹21.3b

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

Yeni Gimat Gayrimenkul Yatirim Ortakligi

Market Cap: ₺51.3b

Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S.

Bahrain National Holding Company B.S.C

Market Cap: ب.د61.8m

Bahrain National Holding Company B.S.C., together with its subsidiaries, asset management services in the Kingdom of Bahrain and other GCC countries.

Seef Properties B.S.C

Market Cap: ب.د53.8m

Engages in the real estate development business in the Kingdom of Bahrain.

Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺16.0b

Operates as a guardrail supplier company in Turkey.

Hafary Holdings

Market Cap: S$202.4m

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

Hextar Global Berhad

Market Cap: RM 3.1b

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

Bilici Yatirim Sanayi ve Ticaret

Market Cap: ₺4.9b

Engages in the textiles, tourism, and energy businesses in Turkey.

Sing Investments & Finance

Market Cap: S$364.1m

Provides financing and related nominee services to individuals and corporations in Singapore.