Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

JiaXing Gas Group

Market Cap: HK$1.2b

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

Sokouk Holding Company K.S.C.P

Market Cap: د.ك40.5m

Engages in managing real estate projects in Kuwait.

ABICO Asia Capital

Market Cap: NT$6.1b

Engages in the investment activities.

Cairo Amman Bank

Market Cap: د.أ292.0m

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

Najran Cement

Market Cap: ر.س1.1b

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

Jamuna Bank

Market Cap: ৳22.0b

Provides various banking products and services in Bangladesh.

Nofoth Food Products

Market Cap: ر.س847.9m

Produces and sells bakery products in Saudi Arabia.

Baazeem Trading

Market Cap: ر.س617.6m

Operates as a FMCG distribution company.

Padma Oil

Market Cap: ৳16.9b

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

ASIX Electronics

Market Cap: NT$6.0b

An IC design company, engages in the research, development, manufacture, and sale of chips in Taiwan, China, and internationally.

Surya Citra Media

Market Cap: Rp16.5t

Provides multimedia services in Indonesia.

Intellego Technologies

Market Cap: SEK 1.6b

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

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

Market Cap: د.ك46.0m

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

CTCI Advanced Systems

Market Cap: NT$4.9b

CTCI Advanced Systems Inc., together with its subsidiaries, engineering, research, planning, design, purchase, integration, manufacture, installation, adjustment, maintenance, and operation of different software and hardware 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-Ahleia Insurance CompanyK.P

Market Cap: د.ك191.3m

Engages in insurance and reinsurance operations in Kuwait.

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

Market Cap: د.ك47.9m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك357.4m

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.

Mobile Telecommunications

Market Cap: R6.9b

Operates as a mobile telecommunications company in Namibia.

National Investments Company K.S.C.P

Market Cap: د.ك223.8m

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

Billion Industrial Holdings

Market Cap: HK$9.6b

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.

Qassim Cement

Market Cap: ر.س4.7b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Yibin City Commercial Bank

Market Cap: HK$12.0b

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

Etihad GO Telecom

Market Cap: ر.س3.2b

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

Sure Global Tech

Market Cap: ر.س445.7m

Provides technological and consultative solutions for public and private sectors in the Kingdom of Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

Taiyo KagakuLtd

Market Cap: JP¥46.3b

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

Bahrain National Holding Company B.S.C

Market Cap: ب.د62.3m

Provides insurance and investment products in the Kingdom of Bahrain, other GCC countries, and internationally.

Blume Metal Kimya Anonim Sirketi

Market Cap: ₺7.7b

Operates in the tourism, construction, and energy sectors in Turkey.

Envirotainer

Market Cap: €401.0m

Develops, produces, and markets vacuum insulation panels and phase change materials in Germany, rest of European Union, and internationally.

Alumil Aluminium Industry

Market Cap: €194.5m

Engages in the design and production of architectural aluminum systems in Greece and internationally.

Telekom Networks Malawi

Market Cap: MK 360.6b

Provides telecommunication services to enterprises and individual customers in Malawi.

Marmaris Altinyunus Turistik Tesisler

Market Cap: ₺6.9b

Marmaris Altinyunus Turistik Tesisler A.S.

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.

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.