Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

China Foods

Market Cap: HK$7.8b

An investment holding company, manufactures, distributes, markets, and sells Coca-Cola series products in the People’s Republic of China.

Robert Walters

Market Cap: €88.5m

Provides professional recruitment consultancy services worldwide.

OceanaGold

Market Cap: €4.4b

A gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand.

Renault

Market Cap: €8.4b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Singulus Technologies

Market Cap: €16.2m

Develops and assembles machines and systems for thin-film coating and surface treatment processes worldwide.

Semapa - Sociedade de Investimento e Gestão SGPS

Market Cap: €1.4b

Through its subsidiaries, produces and sells pulp, printing and writing papers, and tissues in Portugal, the rest of Europe, the United States, Africa, Asia, and Oceania.

74Software

Market Cap: €1.1b

Operates as a software company in France.

Beijing Urban Construction Investment & Development

Market Cap: CN¥9.6b

Beijing Urban Construction Investment & Development Co., Ltd.

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

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

Shenzhen Mindray Bio-Medical Electronics

Market Cap: CN¥276.1b

Shenzhen Mindray Bio-Medical Electronics Co., Ltd.

China Overseas Property Holdings

Market Cap: HK$17.9b

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

DUG Technology

Market Cap: AU$176.4m

Dug Technology Ltd, 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.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.7b

Produces and sells seasoning products in China and internationally.

Tenaga Nasional Berhad

Market Cap: RM 76.8b

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

China Resources Land

Market Cap: HK$204.5b

An investment holding company, engages in the investment, development, management, and sale of properties in the People’s Republic of China.

Trajan Group Holdings

Market Cap: AU$144.8m

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

Hangzhou Binjiang Real Estate GroupLtd

Market Cap: CN¥30.0b

Provides real estate development services in China.

Bethel Automotive Safety Systems

Market Cap: CN¥30.8b

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

Corpovael. de

Market Cap: Mex$1.0b

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

Teva Pharmaceutical Industries

Market Cap: €18.0b

Develops, manufactures, markets, and distributes generic and other medicines, and biopharmaceutical products in the United States, Europe, Israel, and internationally.

L&K Engineering (Suzhou)Ltd

Market Cap: CN¥8.0b

Provides specialized engineering technical services in China.

Anhui Honglu Steel Construction(Group)

Market Cap: CN¥12.4b

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

Zhejiang Semir Garment

Market Cap: CN¥15.0b

Produces and sells casual apparels in China and internationally.

Ganyuan Foods

Market Cap: CN¥5.2b

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

CapitaLand Malaysia Trust

Market Cap: RM 1.8b

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.

Ningbo Deye Technology Group

Market Cap: CN¥47.3b

Engages in the production and sales of heat exchangers, inverters, and dehumidifiers in South Africa, Brazil, Hongkong, Germany, India, and internationally.

Sinoma International EngineeringLtd

Market Cap: CN¥24.1b

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

Ningbo Sanxing Medical ElectricLtd

Market Cap: CN¥32.0b

Manufactures and sells power distribution and utilization systems in China and internationally.

Shenzhen Fuanna Bedding and FurnishingLtd

Market Cap: CN¥6.1b

Engages in the research and development, design, production, and sale of textile home furnishing, sleep home furnishing, and living products in China and internationally.

Vardhman Textiles

Market Cap: ₹118.1b

Manufactures, purchases, and sells textiles and fibres in India and internationally.

Aeon (M) Bhd

Market Cap: RM 1.9b

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

Guangdong Mingyang ElectricLtd

Market Cap: CN¥12.7b

Engages in the research, development, production, and sale of high/low voltage switchgear, transformer, and power transmission and distribution equipment in China.

Proya CosmeticsLtd

Market Cap: CN¥32.5b

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

Sasseur Real Estate Investment Trust

Market Cap: S$850.5m

Invests in a portfolio of real estate and related assets.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.7b

Produces and sells seasoning products in China and internationally.