Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

Spectrum Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes oncology drug products.

PayPal Holdings

Market Cap: Mex$58.8b

Operates a technology platform that enables digital payments for merchants and consumers worldwide.

GL Events

Market Cap: €797.8m

Provides integrated solutions and services for events in France and internationally.

Carlsberg

Market Cap: US$108.7b

Produces and markets beer and other beverage products in Denmark, China, the United Kingdom, and internationally.

Seojin SystemLtd

Market Cap: ₩1.3t

Provides telecom equipment, repeaters, mechanical products, and LED and other equipment.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.2b

Manufactures and sells steel structures and supporting products in China and internationally.

Aeris Resources

Market Cap: AU$517.1m

Explores, produces, and sells precious metals in Australia.

Bethel Automotive Safety Systems

Market Cap: CN¥28.6b

Develops, manufactures, and sells automotive safety systems and advanced driver assistance systems in China.

MC Group

Market Cap: ฿8.6b

Engages in the manufacture and distribution management of clothing and accessories in Thailand.

GWA Group

Market Cap: AU$632.4m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Shenzhen Transsion Holdings

Market Cap: CN¥74.2b

Provides smart devices and mobile services in Africa, South and Southeast Asia, the Middle East, Latin America, and internationally.

Jiang Zhong PharmaceuticalLtd

Market Cap: CN¥13.8b

Engages in the research and development, production, and sale of Chinese patent medicines and health foods in Mainland China.

Cheerwin Group

Market Cap: HK$3.0b

An investment holding company, manufactures and trades household insecticides and repellents, household cleaning, air care, personal care, pet stores and pet products, and other products in the People’s Republic of China.

LX Semicon

Market Cap: ₩824.6b

Operates as a semiconductor company in South Korea, China, Vietnam, Taiwan, Japan, and internationally.

Hu Lane Associate

Market Cap: NT$15.3b

Engages in manufacture and sale of terminal devices, terminal crimping, industrial rubber, and plastic products in Taiwan.

China Pacific Insurance (Group)

Market Cap: CN¥327.3b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Hoa Phat Group

Market Cap: ₫209.5t

Produces and sells steel products in Vietnam.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Binggrae

Market Cap: ₩662.3b

Engages in production and sale of dairy products in South Korea and internationally.

IRB Infrastructure Developers

Market Cap: ₹269.0b

Engages in the infrastructure development business in India.

Stanmore Resources

Market Cap: AU$2.0b

Engages in the exploration, development, production, and sale of metallurgical coal in Australia.

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥48.0b

Jiangsu King's Luck Brewery Joint-Stock Co.,Ltd.

Allied Properties Real Estate Investment Trust

Market Cap: €1.9b

Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities.

Nido Education

Market Cap: AU$127.6m

Owns, operates, and manages long day early childhood education and care centres under the Nido Early School brand in Australia.

KH Neochem

Market Cap: JP¥83.7b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

Aeon (M) Bhd

Market Cap: RM 1.7b

Operates and manages a retail chain of departmental stores and supermarkets in Malaysia.

Apeloa PharmaceuticalLtd

Market Cap: CN¥17.8b

Provides raw materials and intermediates to various pharmaceutical factories in the People’s Republic of China and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.4b

Engages in the engineering, equipment manufacture and supply, and other businesses in China and internationally.

Horizon Construction Development

Market Cap: HK$3.8b

Operates as an investment holding company that provides equipment operation services in the People's Republic of China.

Beijing New Building Materials

Market Cap: CN¥41.2b

Manufactures and sells building materials in China and internationally.

GWA Group

Market Cap: AU$632.4m

Research, designs, manufactures, imports, and markets building fixtures and fittings to residential and commercial premises in Australia, New Zealand, the United Kingdom, and internationally.

Aurelia Metals

Market Cap: AU$397.8m

Engages in the exploration and production of mineral properties in Australia.

DUG Technology

Market Cap: AU$278.3m

A technology company, provides hardware and software solutions for the technology and resource sectors in Australia, the United States, the United Kingdom, Malaysia, and the United Arab Emirates.

Lion

Market Cap: JP¥434.2b

Manufactures and sells consumer and industrial products in Japan and internationally.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

CapitaLand Malaysia Trust (CLMT) is a real estate investment trust (REIT) listed on the Main Market of Bursa Malaysia Securities Berhad since 16 July 2010.

ISOTeam

Market Cap: S$62.7m

Operates in the building maintenance and estate upgrading industry in Singapore.