Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Mercantil Financeira - Crédito Financiamento e Investimento

Market Cap: R$579.4m

Provides financial solutions in Brazil.

Hangzhou Hirisun Technology

Market Cap: CN¥5.0b

Engages in power information system integration business in China.

Ramco Industries

Market Cap: ₹27.7b

Engages in the building products, textiles, and power generation businesses in India.

United Polyfab Gujarat

Market Cap: ₹10.0b

Manufactures, trades in, and sells woven fabrics and processed yarn products in India.

Mamata Machinery

Market Cap: ₹10.4b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

Innovana Thinklabs

Market Cap: ₹9.9b

Engages in the software and application development business in India, the United States, Germany, Singapore, Romania and internationally.

VICOM

Market Cap: S$585.0m

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

Mulpha International Bhd

Market Cap: RM 918.5m

An investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand.

Krishana Phoschem

Market Cap: ₹32.7b

Engages in the manufacture and sale of fertilizers and chemicals under the Annadata and Bharat brands in India.

Tai Sin Electric

Market Cap: S$306.1m

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

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

Market Cap: د.ك46.1m

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

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

Market Cap: د.ك31.2m

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

Changjiu Holdings

Market Cap: HK$1.3b

An investment holding company, provides pledged vehicle monitoring and automobile dealership operation management services in China.

Indo Tech Transformers

Market Cap: ₹17.1b

Manufactures and sells transformers in India and internationally.

Ibrahim Fibres

Market Cap: PK₨83.1b

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

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.

Fengyinhe Holdings

Market Cap: HK$3.7b

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

Natural Food International Holding

Market Cap: HK$2.4b

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

YuanShengTai Dairy Farm

Market Cap: HK$1.3b

A dairy farming company, engages in the production and sale of raw cow milk in the People’s Republic of China.

Citra Tubindo

Market Cap: Rp4.2t

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

Knowledge Marine & Engineering Works

Market Cap: ₹29.7b

Engages in the ownership, operation, and chartering/hiring of marine crafts in India.

JiaXing Gas Group

Market Cap: HK$1.1b

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

Hoang Huy Investment Financial Services

Market Cap: ₫18.6t

Engages in the manufacturing, trading, and assembling of motorbikes and cars.

Vietnam National Reinsurance

Market Cap: ₫4.1t

Engages in providing inward and outward reinsurance services in Vietnam and internationally.

Hua Na Hydropower

Market Cap: ₫5.2t

Engages in the electricity generation activities.

Luxchem Corporation Berhad

Market Cap: RM 432.9m

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

Standard Chartered Bank Kenya

Market Cap: KSh114.6b

Provides various banking products and services for individuals and businesses.

Bank MNC Internasional

Market Cap: Rp2.5t

Provides various banking products and services in Indonesia.

AGI Infra

Market Cap: ₹31.2b

Agi Infra Limited, together with its subsidiary, engages in the real estate and construction businesses in India.

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

Market Cap: Mex$30.3b

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.7b

Develops, manufactures, and sells medicines in Bulgaria.

Palasino Holdings

Market Cap: HK$2.3b

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

SML Mahindra

Market Cap: ₹43.7b

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

Q P Group Holdings

Market Cap: HK$904.4m

An investment holding company, manufactures and trades in paper products in the People’s Republic of China, the United States, Europe, and internationally.