Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Cahaya Aero Services

Market Cap: Rp5.7t

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

Nestlé Pakistan

Market Cap: PK₨364.4b

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

Jordanian Duty Free Shops

Market Cap: د.أ148.5m

Invests in, operates, and manages duty-free shops.

Ruentex Interior Design

Market Cap: NT$3.5b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

MOBI Industry

Market Cap: ر.س595.0m

Manufactures and sells fertilizers and nitrogen compounds in the Kingdom of Saudi Arabia.

Cita Mineral Investindo

Market Cap: Rp18.6t

Engages in bauxite mining activities in Indonesia.

Taiyo KagakuLtd

Market Cap: JP¥38.0b

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

Sure Global Tech

Market Cap: ر.س451.3m

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

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

Palasino Holdings

Market Cap: HK$2.2b

Through its subsidiaries, engages in the gaming and hotel businesses in the Czech Republic, Germany, and Austria.

Hua Na Hydropower

Market Cap: ₫5.5t

Engages in the electricity generation activities.

Arab Banking Corporation (B.S.C.)

Market Cap: US$1.1b

Provides wholesale banking services worldwide.

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.

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

Citra Tubindo

Market Cap: Rp4.2t

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Hospital Corporation of China

Market Cap: HK$802.6m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Ibrahim Fibres

Market Cap: PK₨83.2b

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

Qassim Cement

Market Cap: ر.س4.6b

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

Baazeem Trading

Market Cap: ر.س663.2m

Operates as a FMCG distribution company.

Dura Tek

Market Cap: NT$3.6b

Designs and develops simulation testing machines for various components.

Cairo Amman Bank

Market Cap: د.أ288.0m

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

Cisadane Sawit Raya

Market Cap: Rp1.7t

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

Padma Oil

Market Cap: ৳19.1b

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

Practic

Market Cap: RON 712.8m

Engages in the lease and sublease of real estate properties in Romania.

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp21.8t

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

Etihad Atheeb Telecommunication

Market Cap: ر.س3.4b

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

CTCI Advanced Systems

Market Cap: NT$5.2b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

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

Market Cap: Mex$30.3b

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

Viviana Power Tech

Market Cap: ₹9.5b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.4b

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

Najran Cement

Market Cap: ر.س1.2b

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

ASIX Electronics

Market Cap: NT$5.8b

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

Dekpol

Market Cap: zł764.3m

Dekpol S.A. primary engages in the general contracting and property development businesses in Poland.