Global Undiscovered Gems With Strong Fundamentals

Invest Bank

Market Cap: د.أ225.0m

Provides various banking and related financial services in Jordan.

CTCI Advanced Systems

Market Cap: NT$4.8b

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

Hospital Corporation of China

Market Cap: HK$817.6m

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

Najran Cement

Market Cap: ر.س1.2b

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.5b

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

Jadranski naftovod d.d

Market Cap: €866.6m

Engages in the transport and storage of oil and oil products in the Republic of Croatia and internationally.

TPP-Bobov Dol AD

Market Cap: лв240.3m

Engages in the generation and sale of electricity in Bulgaria.

Gulf Insurance Group - Jordan

Market Cap: د.أ84.5m

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

Al Wathba National Insurance Company PJSC

Market Cap: د.إ703.8m

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

Kuwait Insurance CompanyK.P

Market Cap: د.ك106.4m

Provides various insurance products and services in Kuwait.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.7b

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

Padma Oil

Market Cap: ৳19.2b

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

Viviana Power Tech

Market Cap: ₹10.3b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Surya Toto Indonesia

Market Cap: Rp3.0t

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

Sun

Market Cap: MU₨7.3b

Operates in the tourism sector.

MOBI Industry

Market Cap: ر.س636.0m

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

Cisadane Sawit Raya

Market Cap: Rp1.8t

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

Ruentex Interior Design

Market Cap: NT$3.4b

Engages in the interior design and decoration, landscape design engineering, and construction businesses in Taiwan.

Wholetech System Hitech

Market Cap: NT$8.7b

Provides system integration services in Taiwan, China, and Singapore.

National Credit and Commerce Bank

Market Cap: ৳12.3b

Provides various commercial banking products and services in Bangladesh.

National Investments Company K.S.C.P

Market Cap: د.ك271.0m

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

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

Market Cap: د.ك82.8m

A private equity firm specializing in direct and fund investments.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك400.7m

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.

SBS Philippines

Market Cap: ₱7.0b

Engages in chemical trading and distribution in the Philippines.

Qassim Cement

Market Cap: ر.س4.6b

Engages in the manufacture and selling of cement in the Kingdom of Saudi Arabia.

Baazeem Trading

Market Cap: ر.س696.6m

Operates as a FMCG distribution company.

Asian Terminals

Market Cap: ₱62.2b

Operates and manages the South Harbor Port of Manila and the Port of Batangas in Batangas City in the Philippines.

Jordanian Duty Free Shops

Market Cap: د.أ147.4m

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

Taiyo KagakuLtd

Market Cap: JP¥36.5b

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

Nofoth Food Products

Market Cap: ر.س1.1b

Produces and sells bakery products in Saudi Arabia.

Citra Tubindo

Market Cap: Rp4.2t

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

Jamuna Bank

Market Cap: ৳19.7b

Provides various banking products and services in Bangladesh.

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

Market Cap: د.ك47.3m

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

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك190.9m

Engages in insurance and reinsurance operations in Kuwait.

Sure Global Tech

Market Cap: ر.س482.9m

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

Li Ming Development Construction

Market Cap: NT$4.0b

Li Ming Development Construction Co., Ltd.