SUBSIDIAIRY NAME	COUNTRY	SECTOR/INDUSTRY	OWNERSHIP %	ACQUISITION DATE	ACQUISITION VALUATION	TOTAL ASSET VALUATION
SAHNON CONSTRACTING CO. LTD	SAUDI ARABIA	AUTOMOBILE	70% IIB-DG	MAR 28, 2022	350 MILLION USD	3.5 BILLION USD
UNITED PATHS COMPANY	SAUDI ARABIA	AGRICULTURAL	70% IIB-DG	APR 13, 2022	700 MILLION USD	7 BILLION USD
ABDULRAHMAN OMAR M.MASHAT	SAUDI ARABIA	FOOD	70% IIB-DG	APR 4, 2022	240 MILLION USD	2.4 BILLION USD

MANUFACTURING, SERVICE, AND RETAILING RECREATION VEHICLES

SAHNON CONTRACTING CO. LTD: The tire factory capacity is initially 5 million/units per year. This project will be the first of its kind in the region (Gulf Cooperation Council). Saudi Arabia alone is importing an average of 18 million-20 million/year. The government is fully dedicated to supporting this project since it belongs to Saudi Arabia’s development plan “vision 2030”. The initial licenses have been issued; the government granted the land (for 25 years + renewals) at an attractive price (1.2 million USD/year). The Saudi Industrial Development Fund (SIDF) is ready to provide extra funding for the project, if needed, at a 0% interest rate after the commencement of the project. The government is willing to purchase around 70% of the project’s outputs. To raise the project, we intend to buy an SBLC/BG from Point Bank (IIB as asset manager). We can pay 150K USD (Bank statement attached). We are also seeking IIB technical and financial support. We are able to offer IIB a 5% Shareholding in the project.

AGRICULTURE

UNITED PATHS COMPANY: United Paths Company is willing to contract one loan for three different projects, its complimentary sector (total amount of the three projects: $2.7 Billion).

FOOD

ABDULRAHMAN OMAR M.MASHAT: IIB-DG acquires ABDULRAHMAN OMAR M.MASHAT on APR 4, 2022, to establish a fish, chicken, and meat processing factory with a production capacity of more than 48000 tons per annum. Lead and advocate the industry’s contribution to a sustainable environment and green, safe meat, chicken, and fish-processing practices.