SUBSIDIAIRY NAME	COUNTRY	SECTOR/INDUSTRY	OWNERSHIP %	ACQUISITION DATE	ACQUISITION VALUATION	TOTAL ASSET VALUATION
DENA NANO-WOOD LIMITED	UNITED KINGDOM	TECHNOLOGY	70% IIB-DG	APR 19, 2022	200 MILLION	2 BILLION

REAL ESTATE

DENA NANO WOOD LIMITED: IIB acquired Dena Nano-wood Limited on April 19, 2022, to build a factory to house 31 x Production Lines that will extrude a patented mix of end-of-life tires, plastic, and nanomaterial to manufacture affordable modular homes at approximately 35% of the cost of traditional build materials. These Affordable Homes will be ”flat-packed” into containers to enable rapid build at the site location, a 2 – bedroom home can be built watertight in less than a day by four semi-skilled craftsmen.