Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Intellego Technologies

Market Cap: SEK 1.6b

Manufactures and sells ultraviolet indicators in Sweden, the United Kingdom, the United States, Europe, China, and internationally.

Genesys Logic

Market Cap: NT$8.6b

Engages in the designing, manufacturing, testing, and sale of integrated circuits, semiconductors, digital communication products, computer equipment and relevant products, and computer program designing solutions in Taiwan, China, the United States, and internationally.

Taiyo KagakuLtd

Market Cap: JP¥48.0b

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

Padma Oil

Market Cap: ৳17.8b

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ662.4m

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

Ibrahim Fibres

Market Cap: PK₨75.8b

Manufactures and sells polyester staple fiber (PSF) and yarn products in Pakistan, Singapore, and Switzerland.

Jamuna Bank

Market Cap: ৳23.3b

Provides various banking products and services in Bangladesh.

Cairo Amman Bank

Market Cap: د.أ270.0m

Provides various banking and financial services for corporate and institutional customers in Jordan and internationally.

Natural Food International Holding

Market Cap: HK$2.5b

An investment holding company, manufactures and sells natural health food products in China.

JiaXing Gas Group

Market Cap: HK$1.2b

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

New Mauritius Hotels

Market Cap: MU₨7.6b

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

JB Foods

Market Cap: S$227.0m

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.

Lee's Pharmaceutical Holdings

Market Cap: HK$871.5m

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

Fengyinhe Holdings

Market Cap: HK$2.4b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Yunnan Jinxun Resources

Market Cap: HK$5.3b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

Vivo Energy Mauritius

Market Cap: MU₨13.0b

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

Sun

Market Cap: MU₨7.6b

Operates in the tourism sector.

Billion Industrial Holdings

Market Cap: HK$9.7b

Engages in manufacturing and sales of polyester filament yarns, polyester, polyester industrial yarns, and ES fiber products in the People’s Republic of China and internationally.

Banyan Tree Holdings

Market Cap: S$580.8m

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.

PBA Holdings Bhd

Market Cap: RM 648.7m

An investment holding company, operates as a water supplier in Malaysia.

M & A Equity Holdings Berhad

Market Cap: RM 390.1m

An investment holding company, engages in the financial services, investment holding, and property investment and development businesses in Malaysia.

Canal Shipping Agencies

Market Cap: ج.م9.2b

Provides various shipping services to the international commercial fleet in Egypt.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺7.1b

Marmaris Altinyunus Turistik Tesisler A.S.

AB Akola Group

Market Cap: €308.2m

Through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries.

MKH Berhad

Market Cap: RM 582.7m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, and Indonesia.

Changjiu Holdings

Market Cap: HK$1.2b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

ABG Sundal Collier Holding

Market Cap: NOK 4.1b

Provides investment banking, stock broking, and corporate advisory services in Norway, Sweden, Denmark, and internationally.

BAUER

Market Cap: €273.3m

Provides services, equipment, and products related to ground and groundwater in Germany, Europe, the Middle East, the Asia Pacific, the Americas., and Africa.

Societe de Limonaderies et de Boissons Rafraichissantes d'Afrique

Market Cap: XOF 510.8b

Engages in the manufacture and sale of beer, soft drinks, mineral water, alcomixes, and energy drink products.

Acsion

Market Cap: R4.2b

Engages in property holding and development activities in South Africa and internationally.

Medinice

Market Cap: zł399.3m

A medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery.

Inversiones Doalca SOCIMI

Market Cap: €156.6m

Inversiones Doalca Socimi, S.A., a real estate investment company, leases and rents real estate properties in Spain.

Amir Marketing and Investments in Agriculture

Market Cap: ₪462.0m

Through its subsidiaries supplies and markets agricultural inputs in Israel.

C. Mer Industries

Market Cap: ₪553.3m

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

AIICO Insurance

Market Cap: ₦150.8b

Provides risk underwriting and related financial services in Nigeria.