Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

TSTE

Market Cap: ฿4.2b

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

Productive Business Solutions

Market Cap: US$173.2m

Engages in the distribution of printing equipment, business machines, handsets, and related accessories.

Practic

Market Cap: RON 760.3m

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

Sava druzba za upravljanje in financiranje d.d

Market Cap: €111.5m

Engages in the tourism business in Slovenia.

MOBI Industry

Market Cap: ر.س545.0m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك192.5m

Engages in insurance and reinsurance operations in Kuwait.

BLS E-Services

Market Cap: ₹19.5b

A technology enabled digital service company, provides assisted E-services and E-governance services in India and internationally.

Enviro Infra Engineers

Market Cap: ₹34.7b

Engages in the design, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies in India.

SG Mart

Market Cap: ₹41.9b

Trades in building material products in India and internationally.

Ha Giang Mineral Mechanics

Market Cap: ₫3.0t

Explores, extracts, and process mineral ores in Vietnam and internationally.

Pizu Group Holdings

Market Cap: HK$3.4b

An investment holding company, manufactures, trades, and sales of civil explosives in the People's Republic of China and Tajikistan.

Billion Industrial Holdings

Market Cap: HK$9.8b

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.

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

Market Cap: د.ك59.3m

A private equity firm specializing in direct and fund investments.

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.

Luxchem Corporation Berhad

Market Cap: RM 422.2m

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

Te Chang Construction

Market Cap: NT$7.4b

Engages in the construction contracting and civil engineering business in Taiwan and Thailand.

Citra Tubindo

Market Cap: Rp5.1t

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

Vivo Energy Mauritius

Market Cap: MU₨13.0b

Vivo Energy Mauritius Limited markets, supplies, and distributes fuels and lubricants to retail and commercial customers in Mauritius.

Insolation Energy

Market Cap: ₹28.9b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Najran Cement

Market Cap: ر.س1.1b

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

KP Green Engineering

Market Cap: ₹21.1b

Engages in engineering and manufacture of steel structure in India.

Lion Rock Group

Market Cap: HK$1.1b

An investment holding company, provides printing services to international book publishers, trade, professional, and educational publishing conglomerates, as well as print media companies.

Lee's Pharmaceutical Holdings

Market Cap: HK$971.6m

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

PBA Holdings Bhd

Market Cap: RM 622.3m

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

Natural Food International Holding

Market Cap: HK$2.4b

An investment holding company, manufactures and sells natural health food products in China.

Viet Nam Power Development

Market Cap: ₫2.8t

Engages in the operation and management of hydropower plants.

Cantabil Retail India

Market Cap: ₹21.7b

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

Cahaya Aero Services

Market Cap: Rp5.9t

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

Tai Sin Electric

Market Cap: S$271.6m

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

Palasino Holdings

Market Cap: HK$1.8b

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

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.

Digital Mediatama Maxima

Market Cap: Rp2.8t

Operates an integrated marketing platform.

Jordanian Duty Free Shops

Market Cap: د.أ144.0m

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

Qassim Cement

Market Cap: ر.س4.6b

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