Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Carlsberg

Market Cap: US$107.8b

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

DUG Technology

Market Cap: AU$299.9m

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.

Monash IVF Group

Market Cap: AU$261.1m

Engages in the provision of assisted reproductive and specialist women imaging services in Australia and Malaysia.

Micro-Tech (Nanjing)Ltd

Market Cap: CN¥15.3b

Researches, develops, manufactures, and sells minimally invasive medical devices to hospitals and clinics worldwide.

Acrow

Market Cap: AU$337.3m

Provides smart integrated construction systems across formwork, industrial services, and commercial scaffolding in Australia.

C&D International Investment Group

Market Cap: HK$35.4b

An investment holding company, engages in the property development, real estate industry chain investment services, and industry investment activities in the People’s Republic of China.

Anker Innovations

Market Cap: CN¥60.7b

Develops and sells mobile charging products.

Tenaga Nasional Berhad

Market Cap: RM 76.9b

Engages in the generation, transmission, distribution, and sale of electricity in Malaysia, the United Kingdom, Kuwait, the Republic of Ireland, Australia, and internationally.

China Overseas Property Holdings

Market Cap: HK$16.0b

An investment holding company, provides property management services in Hong Kong, Macau, and Mainland China.

Aurelia Metals

Market Cap: AU$372.4m

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

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.

Adairs

Market Cap: AU$370.6m

Operates as a specialty retailer of home furnishings, furniture, and decoration products in Australia and New Zealand.

China South Publishing & Media Group

Market Cap: CN¥22.0b

Engages in publishing, printing, distribution, media, and financing businesses in China.

Shenzhen Transsion Holdings

Market Cap: CN¥80.7b

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

WemadeLtd

Market Cap: ₩916.2b

Develops and publishes games in South Korea and internationally.

Emaar Properties PJSC

Market Cap: د.إ121.1b

Engages in the property investment, development, and development management business in the United Arab Emirates and internationally.

Nido Education

Market Cap: AU$140.1m

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

Micro-Star International

Market Cap: NT$87.4b

Engages in the manufacture and sale of motherboards, interface cards, notebook computers, and other electronic products in Asia, Europe, the United States, and internationally.

China Railway Group

Market Cap: CN¥130.7b

Operates as a multi-functional integrated construction company in Mainland China and internationally.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥11.9b

Engages in the manufacture and sale of pharmaceutical raw materials, and food and feed additives under the Star Lake and Yue Bao brand names in China and internationally.

Trajan Group Holdings

Market Cap: AU$110.6m

Develops, manufactures, and sells analytical and life science products and devices in Malaysia, Japan, Australia, New Zealand, the United States, Europe, the Middle East, Africa, and India.

Beijing New Building Materials

Market Cap: CN¥41.3b

Manufactures and sells building materials in China and internationally.

Raydium Semiconductor

Market Cap: NT$18.4b

Engages in the design, development, and sale of display drivers, sequential control, and power management integrated circuit (IC) products in China, Hong Kong, Taiwan, and internationally.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.0b

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

Bethel Automotive Safety Systems

Market Cap: CN¥29.1b

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

LX Semicon

Market Cap: ₩845.7b

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

Bear Electric ApplianceLtd

Market Cap: CN¥7.0b

Engages in the research, design, production, and sale of small household appliances in China and internationally.

Bangchak Corporation

Market Cap: ฿39.6b

Engages in the refining and marketing of petroleum products in Thailand, Singapore, Norway, Korea, Laos, and internationally.

Longfor Group Holdings

Market Cap: HK$66.8b

An investment holding company, engages in the property development, commercial investment, asset management, property management, and smart construction businesses in the People’s Republic of China.

China Mengniu Dairy

Market Cap: HK$55.0b

An investment holding company, manufactures and distributes dairy products under the MENGNIU brand in the People’s Republic of China and internationally.

Stanmore Resources

Market Cap: AU$1.9b

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

KH Neochem

Market Cap: JP¥88.6b

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.

MC Group

Market Cap: ฿8.5b

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

Yuan Long Ping High-Tech Agriculture

Market Cap: CN¥14.4b

Yuan Long Ping High-Tech Agriculture Co., Ltd.