Global Undiscovered Gems With Strong Fundamentals

Tait Marketing & Distribution

Market Cap: NT$4.4b

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

Mark Dynamics Indonesia

Market Cap: Rp2.8t

Manufactures and sells hand former products in Indonesia and internationally.

Standard Chartered Bank Kenya

Market Cap: KSh102.0b

Provides various banking products and services for individuals and businesses.

Baazeem Trading

Market Cap: ر.س537.6m

Operates as a FMCG distribution company.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

Provides business and digital technology solutions in the Kingdom of Saudi Arabia.

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

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.

Darwin

Market Cap: €96.6m

Operates as a biotechnology company.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك418.9m

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.

Anpec Electronics

Market Cap: NT$12.3b

Engages in the design, testing, production, and marketing of mixed-signal power chips and sensors in Taiwan and internationally.

Waja

Market Cap: ر.س496.3m

Engages in the construction, media and communication, and information technology businesses.

Bakrie & Brothers

Market Cap: Rp5.0t

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

Savior Lifetec

Market Cap: NT$6.5b

A specialty injectable company, develops, produces, and supplies sterile active pharmaceutical ingredients and finished dosage formulations.

Cita Mineral Investindo

Market Cap: Rp15.8t

Engages in bauxite mining activities in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Bank Ganesha

Market Cap: Rp1.9t

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

Saudi Chemical Holding

Market Cap: ر.س6.0b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

National Investments Company K.S.C.P

Market Cap: د.ك191.3m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

AB Vilkyskiu pienine

Market Cap: €135.6m

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

Surya Toto Indonesia

Market Cap: Rp2.4t

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

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك42.8m

Engages in the real estate development and investment activities in Kuwait and rest of GCC countries.

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

Market Cap: د.ك37.5m

A private equity firm specializing in direct and fund investments.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س788.2m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك179.5m

Engages in insurance and reinsurance operations in Kuwait.

Dwi Guna Laksana

Market Cap: Rp2.3t

Engages in the coal mining and trading activities in Indonesia.

Citra Tubindo

Market Cap: Rp4.3t

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

Fortune Mate Indonesia

Market Cap: Rp2.5t

Provides real estate development and construction services in Indonesia.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp19.3t

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

Britam Holdings

Market Cap: KSh18.9b

An investment holding company, provides financial solutions in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Mozambique, and Malawi.

Advanced International Multitech

Market Cap: NT$9.9b

Advanced International Multitech Co., Ltd.

Nestlé Pakistan

Market Cap: PK₨318.1b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Indofood Agri Resources

Market Cap: S$432.7m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Taiyo KagakuLtd

Market Cap: JP¥29.7b

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