Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Bank Ganesha

Market Cap: Rp2.7t

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

Cisadane Sawit Raya

Market Cap: Rp1.7t

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

Citra Tubindo

Market Cap: Rp4.1t

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

Bank MNC Internasional

Market Cap: Rp2.7t

Provides various banking products and services in Indonesia.

Jordanian Duty Free Shops

Market Cap: د.أ146.5m

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

Surya Toto Indonesia

Market Cap: Rp2.6t

Manufactures and sells sanitary, fittings, kitchen systems, and other related products in Indonesia and internationally.

Digital Mediatama Maxima

Market Cap: Rp2.4t

Operates an integrated marketing platform.

Monolithisch India

Market Cap: ₹9.9b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Billion Industrial Holdings

Market Cap: HK$9.3b

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.

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.

National Investments Company K.S.C.P

Market Cap: د.ك192.9m

Engages in the investment, treasury, real estate, asset management, advisory, and brokerage businesses in Kuwait, GCC countries, and internationally.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك183.2m

Engages in insurance and reinsurance operations in Kuwait.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك389.7m

Through its subsidiaries, operates in the financial services, food, petrochemicals and oil services, media, real estate, and education sectors in Kuwait, rest of the GCC, rest of the Middle East, rest of Asia, rest of North Africa, Europe, and North America.

Kuwait Insurance CompanyK.P

Market Cap: د.ك95.4m

Provides various insurance products and services in Kuwait.

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

Market Cap: د.ك47.7m

A private equity firm specializing in direct and fund investments.

Nusantara Pelabuhan Handal

Market Cap: Rp2.6t

Manages and operates container terminals in Indonesia and internationally.

Padma Oil

Market Cap: ৳19.6b

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

Linde Bangladesh

Market Cap: ৳14.5b

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

National Credit and Commerce Bank

Market Cap: ৳13.5b

Provides various commercial banking products and services in Bangladesh.

Dwi Guna Laksana

Market Cap: Rp2.1t

Engages in the coal mining and trading activities in Indonesia.

Fortune Mate Indonesia

Market Cap: Rp2.3t

Provides real estate development and construction services in Indonesia.

Cahaya Aero Services

Market Cap: Rp5.5t

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

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

Market Cap: د.ك44.3m

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

Cita Mineral Investindo

Market Cap: Rp16.4t

Engages in bauxite mining activities in Indonesia.

Taiyo KagakuLtd

Market Cap: JP¥37.5b

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

Hospital Corporation of China

Market Cap: HK$870.8m

An investment holding company, owns, operates, and manages hospitals in the People’s Republic of China.

Al Wathba National Insurance Company PJSC

Market Cap: د.إ683.1m

Engages in general insurance and reinsurance business in the United Arab Emirates and internationally.

Voltamp Energy SAOG

Market Cap: ر.ع79.6m

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

Gulf Insurance Group - Jordan

Market Cap: د.أ88.4m

Engages in the insurance business in Jordan, Middle East, and North Africa region.

Performance Technologies

Market Cap: €85.8m

Provides IT solutions in Greece.

Gür-Sel Turizm Tasimacilik ve Servis Ticaret

Market Cap: ₺34.9b

Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S.

Terminal X Online

Market Cap: ₪721.5m

Offers clothing, footwear, fashion accessories, cosmetics, and beauty products for men, women, and teenager under various brands through online.

PINAGO UTAMA

Market Cap: Rp1.9t

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