Global Undiscovered Gems With Strong Fundamentals

Aesler Grup Internasional

Market Cap: Rp3.7t

Provides architectural and construction management services in Indonesia.

Shenzhen Fenda Technology

Market Cap: CN¥12.2b

Develops, manufactures, and sells intelligent hardware integrated solutions in China.

Taisun Enterprise

Market Cap: NT$9.2b

Engages in the processing, manufacturing, wholesaling, and retailing of oil, food and beverages, and flour products in Taiwan.

New Asia Construction & Development

Market Cap: NT$3.6b

Provides public construction services for governments in Taiwan.

HeBei Jinniu Chemical IndustryLtd

Market Cap: CN¥4.2b

Engages in the production and operation of methanol products in China.

AzureWave Technologies

Market Cap: NT$9.1b

Engages in the manufacture and sale of wireless connectivity and image processing solutions worldwide.

Etihad Atheeb Telecommunication

Market Cap: ر.س3.3b

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

Najran Cement

Market Cap: ر.س1.4b

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

National Environmental Recycling

Market Cap: ر.س881.6m

National Environmental Recycling Company recycles electronic and electrical equipment in Asia, Middle East, Japan, and Europe.

Nofoth Food Products

Market Cap: ر.س1.2b

Produces and sells bakery products in Saudi Arabia.

Kuwait Projects Company Holding K.S.C.P

Market Cap: د.ك397.5m

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.

Jamuna Bank

Market Cap: ৳18.3b

Provides various banking products and services in Bangladesh.

Linde Bangladesh

Market Cap: ৳15.1b

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

Padma Oil

Market Cap: ৳19.9b

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

Voltamp Energy SAOG

Market Cap: ر.ع77.2m

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

Sure Global Tech

Market Cap: ر.س632.9m

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

Saudi Azm for Communication and Information Technology

Market Cap: ر.س1.7b

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

Saudi Chemical Holding

Market Cap: ر.س6.1b

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.

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

Market Cap: د.ك45.7m

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

National Credit and Commerce Bank

Market Cap: ৳13.3b

Provides various commercial banking products and services in Bangladesh.

Al-Ahleia Insurance CompanyK.P

Market Cap: د.ك187.9m

Engages in insurance and reinsurance operations in Kuwait.

MOBI Industry

Market Cap: ر.س650.0m

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

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

Market Cap: د.ك44.5m

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.ك38.7m

A private equity firm specializing in direct and fund investments.

National Investments Company K.S.C.P

Market Cap: د.ك199.3m

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

Baazeem Trading

Market Cap: ر.س588.3m

Operates as a FMCG distribution company.

FineMark Holdings

Market Cap: US$503.6m

Operates as the bank holding company for FineMark National Bank & Trust that provides various banking and financial services to individual and corporate clients.

Solesence

Market Cap: US$313.4m

A science-driven company, develops, manufactures, and sells integrated family of technologies in the United States.

Arsan Tekstil Ticaret ve Sanayi Anonim Sirketi

Market Cap: ₺4.6b

Engages in the production and sale of cotton and synthetic yarn in Turkey and internationally.

Vantage

Market Cap: US$139.6m

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

China SXT Pharmaceuticals

Market Cap: US$188.0m

A pharmaceutical company, engages in the research, development, manufacture, marketing, and sale of traditional Chinese medicine pieces (TCMP) in China.

Southern Michigan Bancorp

Market Cap: US$109.9m

Operates as the bank holding company for Southern Michigan Bank & Trust that provides a range of commercial banking services to individuals, businesses, institutions, and governmental agencies primarily in the southwest and south-central Michigan communities.

Grenobloise d'Electronique et d'Automatismes Société Anonyme

Market Cap: €92.8m

Designs, develops, manufactures, integrates, installs, and maintains electronic and computerized toll collection systems.

Famous Brands

Market Cap: R5.8b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, Middle East, and Rest of Africa.

Cyprus Cement

Market Cap: €155.0m

Engages in the manufacturing and sale of cement and related business in Cyprus.

Evergent Investments

Market Cap: RON 1.4b

A publicly owned investment manager.