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ACDIMA for Veterinary Medicines Industry (ACDIVET)/ Syrian Arab Republic

ACDIMA owns 100% of the Company’s capital. The value of ACDIMA’s proprietary rights in this Company is KWD 1,380,000, equivalent to SYP 862.5 Million. ACDIVET sales in 2014 amounted to SYP 27.5 Million, equivalent to KWD 43,958. Net losses amounted to SYP 50,715,523, equivalent to KWD 81,144. The Company is under renovation. All infrastructure works have been completed and the Company is in the process of shipping the required supplies to its factory.