Global Food, Beverage & Tobacco Low Leverage High Rewards

Kuaijishan Shaoxing Rice Wine

Market Cap: CN¥7.0b

Produces, processes, and sells rice wine in China and internationally.

PPB Group Berhad

Market Cap: RM 17.7b

An investment holding company, engages in grains and agribusiness worldwide.

Jiangsu Yanghe Distillery

Market Cap: CN¥103.3b

Offers liquors, wines, and spirits.

Ultrajaya Milk Industry & Trading

Market Cap: Rp14.4t

Operates in the food and beverage industry in Indonesia.

BISI International

Market Cap: Rp3.0t

Engages in the production and sale of hybrid seeds, horticulture seeds, rice seeds, and agriculture products in Indonesia and internationally.

Anpario

Market Cap: UK£85.4m

Engages in the production and distribution of natural feed additives for animal health, hygiene, and nutrition.

Wynnstay Group

Market Cap: UK£73.7m

Manufactures and supplies agricultural products and services in the United Kingdom.

Olvi Oyj

Market Cap: €684.2m

A beverage company, manufactures and sells alcoholic and non-alcoholic beverages in Finland, Estonia, Latvia, Lithuania, Denmark, and Belarus.

Groupe Minoteries

Market Cap: CHF 80.5m

Engages in the processing and marketing of grain, plant, and food raw materials primarily in Switzerland.

Molson Coors Beverage

Market Cap: US$11.6b

Manufactures, markets, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

S.C. Bermas

Market Cap: RON 56.5m

Produces and sells beer, malt, other alcoholic and soft drinks, derivatives, and its by-products in Romania.

Arca Continental. de

Market Cap: Mex$349.7b

Produces, distributes, and sells soft drinks in Mexico, Argentina, Ecuador, Peru, the United States, and internationally.

Caribbean Flavours and Fragrances

Market Cap: JA$1.0b

Engages in the manufacturing and distribution of flavours for beverage, ice cream, baking, and confectionery industries.

Japan Tobacco

Market Cap: JP¥7.8t

A tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally.

Kakiyasu Honten

Market Cap: JP¥26.0b

A food company, engages in the production and sale of prepared food products primarily in Japan.

S Foods

Market Cap: JP¥85.3b

A meat company, engages in manufacture, wholesaling, retailing, and food servicing of meat-related food products in Japan.

CCK Consolidated Holdings Berhad

Market Cap: RM 813.0m

An investment holding company, engages in the rearing and production of poultry products, prawns, and seafood products.

Triputra Agro Persada

Market Cap: Rp19.4t

Engages in the oil palm plantations and palm oil processing businesses in Indonesia.

Sappe

Market Cap: ฿10.9b

Manufactures and distributes health drinking, food, and coconut products in Asia, Europe, the United States, and internationally.

Ajinomoto (Malaysia) Berhad

Market Cap: RM 868.2m

Manufactures and sells monosodium glutamate and other related products in Malaysia.

Multi Bintang Indonesia

Market Cap: Rp12.9t

Operates as a beverage company in Indonesia and internationally.

Sunshine Holdings

Market Cap: LK₨45.9b

Engages in the healthcare, agribusiness, and consumer goods business in Sri Lanka, China, Japan, and internationally.

Chung Hwa Food Industrial

Market Cap: NT$8.1b

Produces and sells soybean processed foods in Taiwan.

Shanxi Xinghuacun Fen Wine FactoryLtd

Market Cap: CN¥249.0b

Shanxi Xinghuacun Fen Wine Factory Co.,Ltd.

Oriental Food Industries Holdings Berhad

Market Cap: RM 350.4m

An investment holding company, engages in the manufacture, marketing, and sale of snack food and confectionery products in Malaysia, rest of Asia, and internationally.

Anjoy Foods Group

Market Cap: CN¥22.3b

Engages in the research and development, production, and sale of quick-frozen hot pot, noodle rice, and dish products.

XIANGPIAOPIAO FoodLtd

Market Cap: CN¥5.3b

Researches, develops, produces, and sells milk tea products in China and internationally.

Bright Dairy & FoodLtd

Market Cap: CN¥11.4b

Engages in the development, production, and sale of dairy products, dairy cow breeding, cultivation, logistics and distribution activities in China.

Tsingtao Brewery

Market Cap: HK$92.3b

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

Rafhan Maize Products

Market Cap: PK₨82.7b

Manufactures and sells industrial products in Pakistan and internationally.

Anhui Gujing Distillery

Market Cap: CN¥80.5b

Engages in the production and wholesale of distilled wine in the People’s Republic of China and internationally.

Negri Sembilan Oil Palms Berhad

Market Cap: RM 297.7m

An investment holding company, engages in the oil palms cultivation activities in Malaysia.

Hup Seng Industries Berhad

Market Cap: RM 832.0m

An investment holding company, together with its subsidiaries, manufactures and sells biscuits and coffee mix in Malaysia.

TSH Resources Berhad

Market Cap: RM 1.4b

An investment holding company, primarily engages in oil palm cultivation and processing, and forest plantation activities in Malaysia, Indonesia, Southwest Pacific, the United States, and internationally.

Cat Loi

Market Cap: ₫1.3t

Manufactures and trades in tobacco packaging and accessories in Vietnam.

RFM

Market Cap: ₱14.1b

Engages in milling, manufacturing, and marketing food and beverage products in the Philippines and internationally.