Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

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.

Hong Ho Precision TextileLtd

Market Cap: NT$3.2b

Manufactures and sells various textiles in Taiwan.

Cherat Cement

Market Cap: PK₨55.3b

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

Hokkan Holdings

Market Cap: JP¥24.1b

Through its subsidiaries, engages in the container, filling, and machinery production businesses in Taiwan.

Wuxi Chemical Equipment

Market Cap: CN¥4.1b

Designs, develops, manufactures, and markets metal pressure vessels in China.

ASRock Rack Incorporation

Market Cap: NT$25.0b

Provides cloud computing server hardware products in Taiwan and internationally.

Hongmian Zhihui Science and Technology InnovationLtd.Guangzhou

Market Cap: CN¥5.9b

Manufactures and sells cleaning products in China.

Toho Bank

Market Cap: JP¥88.4b

Provides various banking products and services in Japan.

KinjiroLtd

Market Cap: JP¥16.7b

Provides human resource management (HRM) solution services.

SALUS Ljubljana d. d

Market Cap: €325.5m

Engages in the provision of distribution, promotion, active sales, and value-added services for the medicinal products in Slovenia and internationally.

Manyo Factory

Market Cap: ₩308.6b

Produces and sells skin care products in South Korea.

Huang Hsiang Construction

Market Cap: NT$13.3b

Engages in development of residential and commercial properties.

Zhejiang Jinghua Laser TechnologyLtd

Market Cap: CN¥4.3b

Develops, manufactures, and sells laser holographic molded products.

Luyin Investment GroupLtd

Market Cap: CN¥4.3b

Engages in the production and sale of powder metallurgy materials and products, and salt and salt chemical products in China and internationally.

Soft-World International

Market Cap: NT$15.2b

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

Lan Fa Textile

Market Cap: NT$3.7b

Engages in the manufacture and sale of polyester textured yarn in Taiwan.

Bonraybio

Market Cap: NT$4.0b

A development stage company, manufactures medical instruments and solutions for the male infertility market.

Minmetals Development

Market Cap: CN¥8.7b

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

Oriental Precision & EngineeringLtd

Market Cap: ₩243.7b

Oriental Precision & Engineering Co.,Ltd.

Cantabil Retail India

Market Cap: ₹23.6b

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

SML Isuzu

Market Cap: ₹48.0b

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

Nanjing Well Pharmaceutical GroupLtd

Market Cap: CN¥4.1b

Nanjing Well Pharmaceutical Group Co.,Ltd.

Cigniti Technologies

Market Cap: ₹47.8b

Provides software testing services worldwide.

Sixxon Tech

Market Cap: NT$4.4b

Engages in the design, manufacturing, processing, and sale of parts and components of automotive, industrial applications, electronics, and medical products in Asia, Europe, and North America.

Surya Citra Media

Market Cap: Rp11.4t

Provides multimedia services in Indonesia.

Tokyo Tekko

Market Cap: JP¥47.3b

Engages in the manufacture and sale of steel products for the construction industry in Japan.

VICOM

Market Cap: S$542.5m

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

GakkyushaLtd

Market Cap: JP¥24.7b

Manages cram schools that offers entrance exams guidance to junior high schools, high schools, and universities in Japan and internationally.

Orient Pharma

Market Cap: NT$8.0b

Engages in the research and development, manufacturing, and sales of drugs in Taiwan and internationally.

Vasa Denticity

Market Cap: ₹10.1b

Trades in dental products in India.

Shree Pushkar Chemicals & Fertilisers

Market Cap: ₹11.8b

Manufactures and trades in chemicals, dyes and dyes intermediate, cattle feeds, fertilizers, and soil conditioners in India.

Iljin DiamondLtd

Market Cap: ₩189.1b

Iljin Diamond Co., Ltd. manufactures and sells tool materials in South Korea, the United States, Europe, Japan, China, and internationally.

Kanro

Market Cap: JP¥65.1b

Manufactures and sells confectionery and food products in Japan.

Taiyo KagakuLtd

Market Cap: JP¥32.4b

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