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$106.8b

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

Horizon Construction Development

Market Cap: HK$4.1b

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

Beijing Urban Construction Investment & Development

Market Cap: CN¥11.2b

Beijing Urban Construction Investment & Development Co., Ltd.

Hyosung TNC

Market Cap: ₩943.0b

Manufactures and sells fiber in South Korea and internationally.

Middle East Healthcare

Market Cap: ر.س5.0b

A healthcare provider, owns and operates a network of hospitals under the Saudi German Hospital name in the Middle East and North Africa.

KH Neochem

Market Cap: JP¥99.2b

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

Ganyuan Foods

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of snack foods in China.

Sasseur Real Estate Investment Trust

Market Cap: S$882.1m

Invests in a portfolio of real estate and related assets.

Emaar Properties PJSC

Market Cap: د.إ121.5b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.5b

Engages in the research, development, production, and sale of snack foods in China.

Gansu Shangfeng CementLtd

Market Cap: CN¥8.2b

Manufactures and sells building materials, and cement and cement clinker products in China.

WemadeLtd

Market Cap: ₩943.2b

Develops and publishes games in South Korea and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥23.5b

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

Aurora Design

Market Cap: ฿19.1b

Trades gold jewelry in Thailand.

Tsingtao Brewery

Market Cap: HK$86.7b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

Indofood Sukses Makmur

Market Cap: Rp68.3t

Operates as a food solutions company in Indonesia, the Middle East, Africa, rest of Asia, internationally.

LX Semicon

Market Cap: ₩871.8b

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

Acrow

Market Cap: AU$317.2m

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

Haidilao International Holding

Market Cap: HK$74.5b

An investment holding company, engages in the restaurant operation and delivery businesses.

CapitaLand Malaysia Trust

Market Cap: RM 2.1b

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

Jiangsu King's Luck Brewery Ltd

Market Cap: CN¥52.2b

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

Shandong Yisheng Livestock & Poultry Breeding

Market Cap: CN¥9.7b

Shandong Yisheng Livestock & Poultry Breeding Co., Ltd.

Corpovael. de

Market Cap: Mex$994.7m

Engages in the design, urbanization, construction, promotion, and sale of homes in Mexico.

Proya CosmeticsLtd

Market Cap: CN¥32.2b

A beauty and personal care company, researches, develops, produces, and sells cosmetics in China.

Summerset Group Holdings

Market Cap: AU$2.7b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

CLIO CosmeticsLtd

Market Cap: ₩248.5b

Provides makeup products in South Korea and internationally.

IPH

Market Cap: AU$1.0b

Provides intellectual property (IP) services and products.

Hu Lane Associate

Market Cap: NT$15.5b

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

True Corporation

Market Cap: ฿393.9b

Provides telecommunications and value-added services in Thailand.

Aeon (M) Bhd

Market Cap: RM 1.8b

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

Assetwise

Market Cap: ฿4.9b

Engages in property development and other real estate activities in Thailand.

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.5b

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.

F&F

Market Cap: ₩2.6t

Manufactures and sells sewn wearing apparels in South Korea.

Bangchak Corporation

Market Cap: ฿44.1b

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

China Overseas Property Holdings

Market Cap: HK$17.2b

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