Global Food, Beverage & Tobacco Low Leverage High Rewards

PWF Corporation Bhd

Market Cap: RM 250.9m

An investment holding company, engages in the livestock farming business in Malaysia.

Kim Loong Resources Berhad

Market Cap: RM 2.2b

An investment holding company, engages in the cultivation of oil palm in Malaysia.

NH Foods

Market Cap: JP¥532.6b

Manufactures and sells food in Japan and internationally.

Riken Vitamin

Market Cap: JP¥74.4b

Engages in the food ingredient, food improving agents, health care, consumer and commercial foods, and chemical improving agents, and vitamins businesses in Japan.

Teo Seng Capital Berhad

Market Cap: RM 602.6m

An investment holding company, engages in poultry farming business in Malaysia, Singapore, and internationally.

Hebei Hengshui Laobaigan Liquor

Market Cap: CN¥15.9b

Hebei Hengshui Laobaigan Liquor Co., Ltd.

Lancaster Colony

Market Cap: US$4.5b

Engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States.

Nisshin Seifun Group

Market Cap: JP¥533.6b

Through its subsidiaries, engages in the flour milling, processed foods, health foods, biotechnology, engineering, prepared dishes, and mesh cloth businesses in Japan and internationally.

Sarawak Plantation Berhad

Market Cap: RM 675.3m

An investment holding company, engages in the cultivation and processing of oil palm into crude palm oil and palm kernel in Malaysia.

Thai Vegetable Oil

Market Cap: ฿20.2b

Together with its subsidiary, Prodigy Public Company Limited, manufactures and distributes soy meal and soybean oil in Thailand and internationally.

National Biscuit Industries Limited SAOG

Market Cap: ر.ع4.2m

Manufactures and markets biscuits, wafers, and snacks in the Sultanate of Oman.

Showa Sangyo

Market Cap: JP¥98.2b

Manufactures, processes, and sells food products in Japan.

Chumporn Palm Oil Industry

Market Cap: ฿1.6b

Manufactures and distributes palm oil products in Thailand.

Three-A Resources Berhad

Market Cap: RM 371.8m

An investment holding company, manufactures and sells food and beverage ingredients in Malaysia, Singapore, and internationally.

Hap Seng Plantations Holdings Berhad

Market Cap: RM 1.5b

An investment holding company, operates as an oil palm plantation company in Malaysia.

ORION Holdings

Market Cap: ₩1.1t

Manufactures and sells confectioneries in South Korea, China, and internationally.

Nippon Beet Sugar ManufacturingLtd

Market Cap: JP¥29.3b

Manufactures and sells functional products in Japan.

Anhui Yingjia Distillery

Market Cap: CN¥35.1b

Operates in the brewing industry in China.

AB Pieno Zvaigzdes

Market Cap: €79.9m

Produces and sells dairy products to retail stores directly and through distributors.

President Bakery

Market Cap: ฿24.3b

Manufactures and sells bakery products in Thailand.

V V Food & BeverageLtd

Market Cap: CN¥5.7b

Engages in the research, development, production, and sale of food and beverage products in China and internationally.

TTET Union

Market Cap: NT$24.2b

Operates as a soybean crusher in Taiwan, Malaysia, Japan, and internationally.

Foshan Haitian Flavouring and Food

Market Cap: CN¥232.5b

Foshan Haitian Flavouring and Food Company Ltd.

Ifuji Sangyo

Market Cap: JP¥18.1b

Engages in liquid eggs and related business in Japan.

Mauritius Oil Refineries

Market Cap: MU₨564.1m

Engages in refining of crude edible oil in Mauritius.

Miyoshi Oil & Fat

Market Cap: JP¥17.2b

Manufactures and sells food and oil products in Japan.

Lien Hwa Industrial Holdings

Market Cap: NT$74.4b

Engages in the production and sale of flour products.

Phoenix Investment

Market Cap: MU₨2.4b

An investment holding company, engages in brewing, bottling, and selling beer in Mauritius and internationally.

Talawakelle Tea Estates

Market Cap: LK₨6.9b

Talawakelle Tea Estates PLC, together with its subsidiaries, cultivates, manufactures, and sells tea, rubber, and cinnamon in Sri Lanka.

National Flour Mills

Market Cap: TT$188.9m

Produces and sells flour and feed products in Trinidad and Tobago.

Ambra

Market Cap: zł538.2m

Engages in the manufacture, import, and distribution of grape wines in Poland, the Czech Republic, Slovakia, and Romania.

AVI

Market Cap: R29.9b

Manufactures, processes, markets, and distributes branded consumer products in the food, beverage, footwear, apparel, and cosmetics sectors in South Africa, other African countries, Europe, and internationally.

Karelia Tobacco

Market Cap: €866.6m

Engages in the production and sale of tobacco products in European Union, Africa, Asia, Greece, and Other European countries.

Fomento Económico Mexicano. de

Market Cap: Mex$672.7b

Through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages.

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

Market Cap: CN¥14.8b

Produces and sells seasoning products in China and internationally.

Gulf Mushroom Products SAOG

Market Cap: ر.ع10.0m

Engages in the cultivation, processing, and marketing of mushrooms under the Mushroom Oman brand in Oman.