Global Undiscovered Gems With Strong Fundamentals

Mark Dynamics Indonesia

Market Cap: Rp2.8t

Manufactures and sells hand former products in Indonesia and internationally.

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.8b

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

Tchaikapharma High Quality Medicines AD

Market Cap: лв1.6b

Engages in the development and manufacture of generic and in-licensed medicines in Bulgaria.

Darwin

Market Cap: €96.6m

Operates as a biotechnology company.

Gulf Insurance Group - Jordan

Market Cap: د.أ80.1m

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

Jamuna Bank

Market Cap: ৳15.9b

Provides various banking products and services in Bangladesh.

MAPFRE Middlesea

Market Cap: €137.1m

Provides non-life and life insurance products and services to individuals, small and medium enterprises, professionals, and businesses in Malta.

Indofood Agri Resources

Market Cap: S$432.7m

Operates as a vertically integrated agribusiness company in Singapore, Indonesia, China, Nigeria, Timor Leste, and internationally.

Taiyo KagakuLtd

Market Cap: JP¥29.7b

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

Baazeem Trading

Market Cap: ر.س537.6m

Operates as a FMCG distribution company.

Waja

Market Cap: ر.س496.3m

Engages in the construction, media and communication, and information technology businesses.

Bakrie & Brothers

Market Cap: Rp5.0t

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

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك418.9m

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.

MOBI Industry

Market Cap: ر.س630.0m

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

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

Market Cap: د.ك43.3m

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

Sing Investments & Finance

Market Cap: S$267.2m

Provides f financial products and services to individuals and corporations in Singapore.

Pizu Group Holdings

Market Cap: HK$1.6b

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

Saudi Chemical Holding

Market Cap: ر.س6.0b

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: Rp2.3t

Engages in the coal mining and trading activities in Indonesia.

Bank MNC Internasional

Market Cap: Rp2.4t

Provides various banking products and services in Indonesia.

Bank Ganesha

Market Cap: Rp1.9t

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

National Investments Company K.S.C.P

Market Cap: د.ك191.3m

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

Surya Toto Indonesia

Market Cap: Rp2.4t

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

ShareHope Medicine

Market Cap: NT$3.6b

Provides integrated medical services in Taiwan.

A'ayan Real Estate Company K.S.C.P

Market Cap: د.ك42.8m

Engages in the real estate development and investment activities in Kuwait and rest of GCC countries.

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

Market Cap: د.ك37.5m

A private equity firm specializing in direct and fund investments.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك179.5m

Engages in insurance and reinsurance operations in Kuwait.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Alf Meem Yaa for Medical Supplies and Equipment

Market Cap: ر.س788.2m

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

Sure Global Tech

Market Cap: ر.س608.5m

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

Yulie Sekuritas Indonesia

Market Cap: Rp4.3t

Operates as a securities company in Indonesia.

Invest Bank

Market Cap: د.أ220.0m

Provides various banking and related financial services in Jordan.

Jordanian Duty Free Shops

Market Cap: د.أ150.8m

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

Vantage

Market Cap: US$125.0m

Provides shipbroking services to the oil tanker industry in Singapore and Dubai.

Sun

Market Cap: MU₨6.5b

Operates in the tourism sector.

Flügger group

Market Cap: DKK 992.1m

Designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools.