Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

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.

Padma Oil

Market Cap: ৳19.1b

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

Capricorn Group

Market Cap: R11.6b

An investment holding company, engages in the banking, microlending, and related businesses in Namibia, Botswana, and Zambia.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Cita Mineral Investindo

Market Cap: Rp19.1t

Engages in bauxite mining activities in Indonesia.

National Credit and Commerce Bank

Market Cap: ৳12.8b

Provides various commercial banking products and services in Bangladesh.

Cisadane Sawit Raya

Market Cap: Rp2.0t

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

TSTE

Market Cap: ฿4.1b

Primarily engages in the production and distribution of wheat flour in Thailand.

Surya Toto Indonesia

Market Cap: Rp2.8t

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

Dwi Guna Laksana

Market Cap: Rp7.1t

Engages in the coal mining and trading activities in Indonesia.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك183.2m

Engages in insurance and reinsurance operations in Kuwait.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.6b

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

Billion Industrial Holdings

Market Cap: HK$9.7b

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.

Top Union Electronics

Market Cap: NT$4.6b

Engages in design, manufacture, and technical support of electronic products and communication equipment in Taiwan, the United States, and China.

Ruentex Interior Design

Market Cap: NT$3.4b

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

Saha-Union

Market Cap: ฿8.4b

Engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses.

Hayleys

Market Cap: LK₨143.3b

Operates in the manufacturing, agriculture, and services sectors worldwide.

Qassim Cement

Market Cap: ر.س4.5b

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

Baazeem Trading

Market Cap: ر.س685.5m

Operates as a FMCG distribution company.

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

Market Cap: د.ك85.9m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك404.8m

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.

Soft-World International

Market Cap: NT$15.7b

Develops, operates, and distributes games in Taiwan and China.

MOBI Industry

Market Cap: ر.س631.5m

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

Nestlé Pakistan

Market Cap: PK₨370.0b

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

Taiyo KagakuLtd

Market Cap: JP¥37.1b

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

Standard Chartered Bank Kenya

Market Cap: KSh109.6b

Provides various banking products and services for individuals and businesses.

Bank Ganesha

Market Cap: Rp2.7t

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

Vinacomin - Power Holding

Market Cap: ₫8.3t

Engages in the investment, construction, exploitation, and operation of thermal power and hydroelectric plants, and electronic factories using new energy, renewable energy, power grids, and power supply systems in Vietnam.

Sure Global Tech

Market Cap: ر.س435.1m

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

Thai Steel Cable

Market Cap: ฿3.6b

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

Al-Enma'a Real Estate Company K.S.C.P

Market Cap: د.ك32.3m

Engages in the contracting, management, and maintenance of real estate in Kuwait and the Gulf Countries.

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

Market Cap: د.ك44.3m

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

Sun

Market Cap: MU₨7.7b

Operates in the tourism sector.