Global Potentially Undervalued Companies

Spectrum Pharmaceuticals

Market Cap: €209.9m

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

Indofood Sukses Makmur

Market Cap: Rp61.7t

Operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, 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$3.9b

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

China Construction Bank

Market Cap: HK$2.0t

Engages in the provision of various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally.

China Mengniu Dairy

Market Cap: HK$57.7b

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

Nido Education

Market Cap: AU$145.5m

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

Emaar Properties PJSC

Market Cap: د.إ120.2b

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

Worley

Market Cap: AU$7.3b

Provides professional services to the energy, chemicals, and resources sectors in the Americas, Europe, the Middle East, Africa, Australia, the Asia Pacific, and China.

Miura

Market Cap: JP¥325.2b

Produces and sells boilers in Japan and internationally.

True Corporation

Market Cap: ฿387.0b

Provides telecommunications and value-added services in Thailand.

Summerset Group Holdings

Market Cap: AU$2.7b

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

Haidilao International Holding

Market Cap: HK$72.6b

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

Assetwise

Market Cap: ฿5.5b

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

REC

Market Cap: ₹1.0t

Engages in the provision of financing services for power generation, transmission, and distribution projects in India.

Trajan Group Holdings

Market Cap: AU$115.9m

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.

China Resources Land

Market Cap: HK$207.5b

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

Inspur Digital Enterprise Technology

Market Cap: HK$10.5b

An investment holding company, engages in management software development, cloud services, and sale of Internet of Things (IoT) solutions in the People’s Republic of China.

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.

Sao Ta Foods

Market Cap: ₫2.4t

Engages in farming, processing, and preserving aquatic products.

Bangchak Corporation

Market Cap: ฿42.3b

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

Towngas Smart Energy

Market Cap: HK$13.4b

An investment holding company, sells piped gas, renewable energy, and other types of energy in the People’s Republic of China.

Monash IVF Group

Market Cap: AU$272.7m

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

Tenaga Nasional Berhad

Market Cap: RM 77.4b

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

IPH

Market Cap: AU$951.8m

Provides intellectual property (IP) services and products.

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.

China Overseas Property Holdings

Market Cap: HK$16.3b

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

C&D International Investment Group

Market Cap: HK$38.4b

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.

Sasseur Real Estate Investment Trust

Market Cap: S$860.1m

Invests in a portfolio of real estate and related assets.

Micro-Star International

Market Cap: NT$96.3b

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

Cheil Worldwide

Market Cap: ₩2.1t

Provides various marketing solutions worldwide.

Hyosung TNC

Market Cap: ₩927.9b

Manufactures and sells fiber in South Korea and internationally.

Innocean Worldwide

Market Cap: ₩728.0b

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

F&F

Market Cap: ₩2.4t

Manufactures and sells sewn wearing apparels in South Korea.

Quanex Building Products

Market Cap: US$672.8m

Provides components for the fenestration industry in the United States, Europe, Canada, Asia, and internationally.