Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Surya Citra Media

Market Cap: Rp11.4t

Provides multimedia services in Indonesia.

Cantabil Retail India

Market Cap: ₹23.6b

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

VICOM

Market Cap: S$542.5m

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

Voith Paper Fabrics India

Market Cap: ₹8.9b

Manufactures and trades paper machine clothing for pulp, and paper and paperboard industries in India and internationally.

Bakrie & Brothers

Market Cap: Rp4.7t

Through its subsidiaries, engages in the trading, construction, agriculture, coal mining, oil and gas, and telecommunication businesses in Indonesia and internationally.

Master Trust

Market Cap: ₹15.3b

Provides financial services in India.

Toukei Computer

Market Cap: JP¥69.6b

Engages in the system design, development, and operation of solutions for various industries and businesses in Japan.

TCPL Packaging

Market Cap: ₹34.3b

Manufactures and sells paperboard-based packaging materials and flexible packaging products in India.

ShareHope Medicine

Market Cap: NT$3.6b

Provides integrated medical services in Taiwan.

Bank Ganesha

Market Cap: Rp1.9t

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

AB Vilkyskiu pienine

Market Cap: €121.8m

Engages in the production and sale of dairy products in Lithuania, the rest of the European Union, and internationally.

Sing Investments & Finance

Market Cap: S$283.7m

Provides f financial products and services to individuals and corporations in Singapore.

Yibin City Commercial Bank

Market Cap: HK$11.9b

Provides banking and financial products and services to small and micro enterprises in the People’s Republic of China.

Dwi Guna Laksana

Market Cap: Rp2.0t

Engages in the coal mining and trading activities in Indonesia.

Hind Rectifiers

Market Cap: ₹22.9b

Engages in the designs, development, manufacture, and marketing of power semiconductor devices, power electronic equipment, and railway transportation equipment in India and internationally.

Shenzhen Fenda Technology

Market Cap: CN¥11.5b

Develops, manufactures, and sells intelligent hardware integrated solutions in China.

TOMONY Holdings

Market Cap: JP¥117.4b

Through its subsidiaries, provides various banking and financial products and services.

Indo Farm Equipment

Market Cap: ₹10.2b

Manufactures and sells agricultural, industrial, and construction equipment in India.

Hayleys

Market Cap: LK₨133.9b

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

MKH Berhad

Market Cap: RM 611.6m

An investment holding company, engages in the property development and construction, plantation, hotel and property investment, and other activities in Malaysia, the Peoples’ Republic of China, and Indonesia.

Cherat Cement

Market Cap: PK₨55.3b

Manufactures, markets, and sells ordinary Portland cement in Pakistan and Afghanistan.

Minmetals Development

Market Cap: CN¥8.7b

Engages in resource trading, metal trading, and supply chain services in China and internationally.

Pizu Group Holdings

Market Cap: HK$1.8b

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

Sun

Market Cap: MU₨6.6b

Operates in the tourism sector.

Vasa Denticity

Market Cap: ₹10.1b

Trades in dental products in India.

Enviro Infra Engineers

Market Cap: ₹50.1b

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.

Central Finance

Market Cap: LK₨62.5b

Provides various financial solutions primarily in Sri Lanka.

Indo Tech Transformers

Market Cap: ₹20.0b

Manufactures and distributes transformers in India and internationally.

ITOCHU-SHOKUHIN

Market Cap: JP¥124.3b

Engages in the wholesale of food products and alcoholic beverages in Japan.

Citra Tubindo

Market Cap: Rp6.4t

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

Natural Food International Holding

Market Cap: HK$1.7b

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

KinjiroLtd

Market Cap: JP¥16.7b

Provides human resource management (HRM) solution services.

Zhejiang Jinghua Laser TechnologyLtd

Market Cap: CN¥4.3b

Develops, manufactures, and sells laser holographic molded products.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥5.9b

Manufactures and sells cleaning products in China.

Hoang Huy Investment Financial Services

Market Cap: ₫16.4t

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