Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Alfin Banco

Market Cap: S/433.7m

Provides various banking and financial products and services.

Corporación Financiera Colombiana

Market Cap: Col$5.8t

Operates as a private financial institution in Columbia and Central America.

Jordanian Duty Free Shops

Market Cap: د.أ151.9m

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

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

Market Cap: د.ك42.5m

A private equity firm specializing in direct and fund investments.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س657.7m

Engages in the wholesale and retail trade of medical supplies for the aesthetic market in the Kingdom of Saudi Arabia.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.3b

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك340.1m

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.

Cairo Amman Bank

Market Cap: د.أ274.0m

Provides various banking and financial services for corporate and institutional customers.

MOBI Industry

Market Cap: ر.س557.0m

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

Taiyo KagakuLtd

Market Cap: JP¥46.9b

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

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Hextar Global Berhad

Market Cap: RM 3.1b

An investment holding company, engages in manufacturing, trading, and distribution of a various agrochemicals and fertilisers in Malaysia.

Sun

Market Cap: MU₨7.1b

Operates in the tourism sector.

Citra Tubindo

Market Cap: Rp4.6t

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

3B Blackbio Dx

Market Cap: ₹10.0b

Engages in the design, development, manufacturing, and commercialization of molecular diagnostic solutions for infectious diseases, oncology, human genetics and antimicrobial resistance in India.

Fauji Foods

Market Cap: PK₨37.9b

Engages in processing and sale of toned milk, milk powder, fruit juices, allied dairy, and food products in Pakistan.

Insolation Energy

Market Cap: ₹19.6b

Engages in the manufacture and sale of solar panels and modules under INA brand name in India.

Nestlé Pakistan

Market Cap: PK₨351.1b

Manufactures, processes, and sells dairy, nutrition, beverages, and food products in Pakistan, Afghanistan, the United States, and internationally.

Cigniti Technologies

Market Cap: ₹30.8b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Danang Port

Market Cap: ₫3.0t

Offers port services in Vietnam.

Yunnan Jinxun Resources

Market Cap: HK$3.5b

Engages in the smelting, beneficiation, deep processing, and recycling of non-ferrous metal new energy material in China and internationally.

Piccadily Agro Industries

Market Cap: ₹52.7b

Manufactures and develops alcoholic beverages in India.

Sing Investments & Finance

Market Cap: S$368.8m

Provides financing and related nominee services to individuals and corporations in Singapore.

HG Metal Manufacturing

Market Cap: S$159.3m

An investment holding company, primarily trades in steel products in Indonesia, Malaysia, Myanmar, and Singapore.

JB Foods

Market Cap: S$239.1m

An investment holding company, engages in the production and sale of cocoa ingredient products primarily in Singapore, Malaysia, Indonesia, the People’s Republic of China, and the United States.

Aoxin Q & M Dental Group

Market Cap: S$189.3m

An investment holding company, provides private dental healthcare services in the People’s Republic of China and Singapore.

Fortune Mate Indonesia

Market Cap: Rp1.8t

Provides real estate development and construction services in Indonesia.

Shipping Corporation of India

Market Cap: ₹106.6b

A marginal liner shipping company, engages in the business of transporting goods in India.

Ramco Industries

Market Cap: ₹20.8b

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

Tibet Rhodiola Pharmaceutical Holding

Market Cap: CN¥13.2b

Tibet Rhodiola Pharmaceutical Holding Co.

Natural Food International Holding

Market Cap: HK$3.0b

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

MMTC

Market Cap: ₹82.8b

Operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America.

Krishana Phoschem

Market Cap: ₹29.8b

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

Hua Na Hydropower

Market Cap: ₫5.3t

Engages in the investment, production, and trading of electricity in Vietnam.

AGI Infra

Market Cap: ₹35.9b

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