Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

Jiangsu Rainbow Heavy Industries

Market Cap: CN¥6.3b

Jiangsu Rainbow Heavy Industries Co., Ltd.

GTS Internasional

Market Cap: Rp4.1t

PT GTS Internasional Tbk, together with its subsidiaries, transports liquefied natural gas worldwide.

Standard Chartered Bank Kenya

Market Cap: KSh113.4b

Provides various banking products and services for individuals and businesses.

Cita Mineral Investindo

Market Cap: Rp17.0t

Engages in bauxite mining activities in Indonesia.

Energy World

Market Cap: AU$221.8m

An independent energy company, engages in the development, production, and sale of power and liquefied natural gas in the Asia Pacific region.

Xinjiang Torch Gas

Market Cap: CN¥3.2b

Operates as a gas service company in China.

Lungyen Life Service

Market Cap: NT$20.2b

Provides funeral facilities and services in Taiwan.

Toukei Computer

Market Cap: JP¥71.7b

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

Toho

Market Cap: JP¥40.5b

Through its subsidiaries, engages in the food wholesale, cash and carry, and supermarket businesses primarily in Japan.

Li Ming Development Construction

Market Cap: NT$4.2b

Li Ming Development Construction Co., Ltd.

Wealth First Portfolio Managers

Market Cap: ₹10.1b

Provides share and stock broking services in India.

PAN Group

Market Cap: ₫5.9t

Engages in agricultural, food, financial investment, and other related activities in Vietnam and internationally.

Huasi Holding

Market Cap: CN¥2.0b

Operates in the fur industry in China, Europe, Russia, the United States, Japan, South Korea, Hong Kong, and internationally.

Nextronics Engineering

Market Cap: NT$4.3b

Provides connectors, thermal, backplane, and subracks for medical, aerospace, transportation, industry, and communication applications in Taiwan.

Iljin DiamondLtd

Market Cap: ₩175.1b

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

Nanfang Ventilator

Market Cap: CN¥5.4b

Engages in the research and development, production and sale of ventilation and air handling systems in China.

Dear LifeLtd

Market Cap: JP¥55.5b

Engages in the real estate business in Japan.

Hayleys

Market Cap: LK₨144.8b

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

Kanda HoldingsLtd

Market Cap: JP¥19.3b

Through its subsidiaries, operates as a logistics company in Japan and internationally.

Viet Nam Power Development

Market Cap: ₫2.8t

Engages in the operation and management of hydropower plants.

Surya Citra Media

Market Cap: Rp22.3t

Provides multimedia services in Indonesia.

Pizu Group Holdings

Market Cap: HK$3.4b

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

Danang Port

Market Cap: ₫3.3t

Offers port services in Vietnam.

Innotech

Market Cap: JP¥27.2b

Engages in the import and sale of electronic design automation software, electric components, and semiconductor products in Japan and internationally.

Menthobi Karyatama Raya

Market Cap: Rp1.8t

Engages in the cultivation and development of palm oil plantations; and crude palm oil processing activities and related derivative products primarily in Indonesia.

KP Green Engineering

Market Cap: ₹21.2b

Engages in engineering and manufacture of steel structure in India.

Konishi

Market Cap: JP¥84.4b

Manufactures and sells synthetic adhesives in Japan.

Joyce

Market Cap: AU$157.0m

Joyce Corporation Ltd retails kitchen and wardrobe products in Australia.

Maezawa Kasei Industries

Market Cap: JP¥31.3b

Produces and sells water and sewerage related products, and environmental equipment.

Fengyinhe Holdings

Market Cap: HK$4.1b

An investment holding company, provides various financial services to real estate market in the People’s Republic of China.

Billion Industrial Holdings

Market Cap: HK$9.8b

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.

Nestlé Pakistan

Market Cap: PK₨362.0b

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

Nippon Sharyo

Market Cap: JP¥54.3b

Engages in the railway vehicles, construction machinery, transportation equipment and steel structures, engineering, and other businesses in Japan, the United States, Asia, and internationally.

Suzhou Xingye Materials TechnologyLtd

Market Cap: CN¥4.0b

Suzhou Xingye Materials Technology Co.,Ltd.

Tai Sin Electric

Market Cap: S$271.6m

Manufactures and deals in cable and wire products in Singapore, Malaysia, Brunei, Vietnam, Indonesia, Myanmar, Cambodia, Thailand, and internationally.