Global Undiscovered Gems With Strong Fundamentals

Vantage

Market Cap: US$140.6m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Thai Steel Cable

Market Cap: ฿3.4b

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

Time Interconnect Technology

Market Cap: HK$11.4b

An investment holding company, manufactures and sells cable assembly, digital cable, and server products in the People's Republic of China, the United States, the Netherlands, Singapore, the United Kingdom, Hong Kong, Japan, Mexico, and internationally.

Network People Services Technologies

Market Cap: ₹41.2b

Develops payments infrastructure for banks, payment aggregators, and merchants in India.

VICOM

Market Cap: S$510.6m

An investment holding company, provides motor vehicle inspection; and non-vehicle testing, inspection, and consultancy services in Singapore.

Rrp Semiconductor

Market Cap: ₹20.8b

Trades in electronic parts in India.

Danang Port

Market Cap: ₫3.2t

Offers port services in Vietnam.

Fengyinhe Holdings

Market Cap: HK$1.3b

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

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Bajel Projects

Market Cap: ₹24.9b

Engages in the engineering, procurement, and construction business in the power transmission and distribution sectors in India and internationally.

Jinlihua Electric

Market Cap: CN¥2.3b

Engages in the research, development, manufacture, and supply of functional glass and insulation products for use in HV, UHV, and EHV transmission lines in China and internationally.

AB Vilkyskiu pienine

Market Cap: €137.3m

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

Tien Phong Plastic

Market Cap: ₫10.7t

Manufactures and trades in plastic pipes for civil and industrial use in Vietnam.

Hind Rectifiers

Market Cap: ₹22.6b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Arab Insurance Group (B.S.C.)

Market Cap: US$190.2m

Provides life and non-life reinsurance products and related services in the Afro Asia region.

Tai Sin Electric

Market Cap: S$191.0m

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

Bengal & Assam

Market Cap: ₹85.1b

Operates as an investment company in India and internationally.

Suzhou Highfine Biotech

Market Cap: CN¥5.7b

Manufactures and sells chemicals for pharmaceutical research and development, and API production companies in China.

Vasa Denticity

Market Cap: ₹10.0b

Trades in dental products in India.

Shanghai Pioneer Holding

Market Cap: HK$2.4b

An investment holding company, engages in marketing, promotion and channel management of pharmaceutical products and medical devices primarily in the People’s Republic of China.

Lee's Pharmaceutical Holdings

Market Cap: HK$842.0m

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

Taiyo KagakuLtd

Market Cap: JP¥29.8b

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

Xiangyang Changyuandonggu Industry

Market Cap: CN¥7.5b

Xiangyang Changyuandonggu Industry Co., Ltd.

Wuxi Huadong Heavy Machinery

Market Cap: CN¥7.3b

Manufactures and sells container handling equipment and intelligent CNC machine tools in the People's Republic of China.

Forth Smart Service

Market Cap: ฿5.0b

Provides prepaid mobile top-up services in Thailand.

Cantabil Retail India

Market Cap: ₹21.4b

Engages in designing, manufacturing, branding, and retailing apparel and apparel accessories in India.

PAN Group

Market Cap: ₫5.8t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

SML Isuzu

Market Cap: ₹27.5b

Manufactures and sells commercial vehicles and related parts in India and internationally.

PBA Holdings Bhd

Market Cap: RM 642.1m

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

Qingdao CHOHO IndustrialLtd

Market Cap: CN¥3.5b

Qingdao Choho Industrial Co., Ltd. develops, manufactures, and sells automobile chains worldwide.

Uniplus Electronics

Market Cap: NT$5.3b

Engages in the research and development, manufacture, processing, and trading of printed circuit boards in Taiwan.

Luxchem Corporation Berhad

Market Cap: RM 465.0m

An investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia and internationally.

Hong Leong Finance

Market Cap: S$1.1b

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

Sky Gold and Diamonds

Market Cap: ₹57.6b

Designs, manufactures, assembles, cuts, polishes, markets, and sells gold and silver jewelry in India.

Jiangxi Jiangnan New Material Technology

Market Cap: CN¥6.1b

Jiangxi Jiangnan New Material Technology Co., Ltd.