Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

MOBI Industry

Market Cap: ر.س650.0m

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

Bakrie & Brothers

Market Cap: Rp4.5t

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

Taiyo KagakuLtd

Market Cap: JP¥32.6b

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

Sure Global Tech

Market Cap: ر.س614.5m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك183.2m

Engages in insurance and reinsurance operations in Kuwait.

Baazeem Trading

Market Cap: ر.س574.1m

Operates as a FMCG distribution company.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.7b

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

Linde Bangladesh

Market Cap: ৳14.3b

Manufactures and supplies industrial and medical gases, anesthesia, and ancillary equipment in Bangladesh.

Padma Oil

Market Cap: ৳18.9b

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

Hua Na Hydropower

Market Cap: ₫5.7t

Engages in the electricity generation activities.

Voltamp Energy SAOG

Market Cap: ر.ع75.8m

Manufactures, distributes, and sells transformers, medium and low voltage switchgears, and panels in the Sultanate of Oman.

National Credit and Commerce Bank

Market Cap: ৳13.1b

Provides various commercial banking products and services in Bangladesh.

Bank Ganesha

Market Cap: Rp1.9t

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

National Environmental Recycling

Market Cap: ر.س882.7m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

Najran Cement

Market Cap: ر.س1.4b

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

Etihad Atheeb Telecommunication

Market Cap: ر.س3.3b

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

Vinacomin - Power Holding

Market Cap: ₫8.7t

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.

CTCI Advanced Systems

Market Cap: NT$3.3b

Provides system integration services to the hydrocarbon, power, industry, transportation, and high technology markets in Taiwan and internationally.

Cherat Cement

Market Cap: PK₨55.9b

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

Pabrik Kertas Tjiwi Kimia

Market Cap: Rp19.1t

Manufactures and sells writing and printing paper products in Asia, Africa, Europe, the United States, the Middle East, and internationally.

TSTE

Market Cap: ฿4.5b

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

Pakistan National Shipping

Market Cap: PK₨85.8b

Engages in the shipping business worldwide.

Sun

Market Cap: MU₨6.8b

Operates in the tourism sector.

Inverfal PerúA

Market Cap: S/1.6b

Engages in investing in fixed or variable income securities.

Industrias del Cobre Sociedad Anónima

Market Cap: S/789.0m

Engages in the manufacture and sale of cables and electrical and telecommunication conductors in Peru and internationally.

Cisadane Sawit Raya

Market Cap: Rp1.7t

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

Bonraybio

Market Cap: NT$4.1b

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

Saudi Chemical Holding

Market Cap: ر.س6.2b

Saudi Chemical Holding Company manufacture, wholesale, and retail trade of medicines, medical materials and syrups, pharmaceutical preparations, medical and surgical tools and equipment in the Kingdom of Saudi Arabia and internationally.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Cita Mineral Investindo

Market Cap: Rp15.6t

Engages in bauxite mining activities in Indonesia.

AB Vilkyskiu pienine

Market Cap: €123.0m

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

Fortune Mate Indonesia

Market Cap: Rp2.1t

Provides real estate development and construction services in Indonesia.

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.

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Jamuna Bank

Market Cap: ৳18.6b

Provides various banking products and services in Bangladesh.