Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Star Lake BioscienceZhaoqing Guangdong

Market Cap: CN¥12.7b

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.

Sinoma International EngineeringLtd

Market Cap: CN¥23.7b

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

Gansu Shangfeng CementLtd

Market Cap: CN¥8.3b

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

Innocean Worldwide

Market Cap: ₩740.8b

Provides marketing and communications services in the Americas, Europe, Asia, Oceania, the Middle East, and internationally.

Guangdong Mingyang ElectricLtd

Market Cap: CN¥13.6b

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

China Mengniu Dairy

Market Cap: HK$59.2b

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

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.

Beijing Urban Construction Investment & Development

Market Cap: CN¥11.1b

Beijing Urban Construction Investment & Development Co., Ltd.

Hyosung TNC

Market Cap: ₩962.4b

Manufactures and sells fiber in South Korea and internationally.

China Overseas Property Holdings

Market Cap: HK$17.4b

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

Proya CosmeticsLtd

Market Cap: CN¥32.2b

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

Monash IVF Group

Market Cap: AU$261.1m

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

Cheil Worldwide

Market Cap: ₩2.0t

Provides various marketing solutions worldwide.

Sinoma International EngineeringLtd

Market Cap: CN¥23.7b

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

Binggrae

Market Cap: ₩645.5b

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

Sasseur Real Estate Investment Trust

Market Cap: S$869.5m

Invests in a portfolio of real estate and related assets.

Ganyuan Foods

Market Cap: CN¥5.3b

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

Jinzai Food GroupLtd

Market Cap: CN¥5.5b

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

Assetwise

Market Cap: ฿4.7b

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

F&F

Market Cap: ₩2.6t

Manufactures and sells sewn wearing apparels in South Korea.

Proya CosmeticsLtd

Market Cap: CN¥32.2b

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

China Railway Group

Market Cap: CN¥130.0b

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

Bethel Automotive Safety Systems

Market Cap: CN¥28.7b

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

KH Neochem

Market Cap: JP¥100.4b

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

Tsingtao Brewery

Market Cap: HK$86.4b

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

Aeon (M) Bhd

Market Cap: RM 1.8b

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

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.

IPH

Market Cap: AU$1.0b

Provides intellectual property (IP) services and products.

Emaar Properties PJSC

Market Cap: د.إ127.7b

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

True Corporation

Market Cap: ฿387.0b

Provides telecommunications and value-added services in Thailand.

Indofood Sukses Makmur

Market Cap: Rp65.6t

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

Acrow

Market Cap: AU$317.2m

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

Hu Lane Associate

Market Cap: NT$15.4b

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

CLIO CosmeticsLtd

Market Cap: ₩249.4b

Provides makeup products in South Korea and internationally.

Tenaga Nasional Berhad

Market Cap: RM 78.0b

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