Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Standard Chartered Bank Kenya

Market Cap: KSh125.6b

Provides various banking products and services for individuals and businesses.

AIICO Insurance

Market Cap: ₦154.8b

Provides risk underwriting and related financial services in Nigeria.

Wema Bank

Market Cap: ₦1.1t

Provides banking and other financial services to corporate and individual customers in Nigeria.

Fauji Foods

Market Cap: PK₨38.1b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

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

Market Cap: د.ك43.8m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك347.8m

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.

Tait Marketing & Distribution

Market Cap: NT$3.7b

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

Nigerian Aviation Handling

Market Cap: ₦342.3b

Provides aircraft and cargo handling, passenger handling, passenger profiling, and crew transportation services in Nigeria.

Nestlé Pakistan

Market Cap: PK₨358.2b

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

TSTE

Market Cap: ฿4.0b

Primarily engages in the production and distribution of food, ingredients, and confectionery products in Thailand.

Tri-County Financial Group

Market Cap: US$123.1m

Operates as a bank holding company for First State Bank, providing various banking and mortgage banking services, and insurance services to individuals and businesses in the United States.

Security Federal

Market Cap: US$113.2m

Operates as the bank holding company for Security Federal Bank that provides various banking products and services.

Mobile Telecommunications

Market Cap: R7.0b

Operates as a mobile telecommunications company in Namibia.

Cairo Amman Bank

Market Cap: د.أ274.0m

Provides various banking and financial services for corporate and institutional customers.

Oxford Bank

Market Cap: US$105.2m

Operates as the holding company for Oxford Bank that provides various banking products and services to various customers in Michigan.

Grupo Gigante S. A. B. de C. V

Market Cap: Mex$31.4b

Operates convenience stores and restaurants in Mexico, Central America, and Chile.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ629.3m

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

Taiyo KagakuLtd

Market Cap: JP¥50.2b

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

JiaXing Gas Group

Market Cap: HK$1.2b

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

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

Market Cap: د.ك43.7m

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

Buana Artha Anugerah

Market Cap: Rp3.0t

Engages in the provision of asset management services in Indonesia.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Bank MNC Internasional

Market Cap: Rp2.3t

Provides various banking products and services in Indonesia.

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.

PINAGO UTAMA

Market Cap: Rp2.4t

Engages in the oil palm and rubber plantation business in Indonesia.

Nusantara Pelabuhan Handal

Market Cap: Rp2.4t

Manages and operates container terminals in Indonesia and internationally.

Mark Dynamics Indonesia

Market Cap: Rp2.8t

Manufactures and sells hand former products in Indonesia and internationally.

GTS Internasional

Market Cap: Rp2.9t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Cahaya Aero Services

Market Cap: Rp4.0t

Provides ground and cargo handling, aircraft release and maintenance, catering, facility management, and aviation training services in Indonesia.

Cisadane Sawit Raya

Market Cap: Rp1.9t

Engages in the oil palm plantation business in Indonesia and internationally.

Yulie Sekuritas Indonesia

Market Cap: Rp5.3t

Operates as a securities company in Indonesia.

Surya Citra Media

Market Cap: Rp17.1t

Provides multimedia services in Indonesia.

Sokouk Holding Company K.S.C.P

Market Cap: د.ك37.7m

Engages in managing real estate projects in Kuwait.

National Investments Company K.S.C.P

Market Cap: د.ك218.2m

Provides financial and investment services in Kuwait, GCC countries, and internationally.

National Cleaning Company K.P.S.C

Market Cap: د.ك32.6m

Provides cleaning services in Kuwait, GCC, Turkey, Iraq, and India.