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Shares of Eastern Alborz Coal Company To Be Divested

2017/12/18 | 15:36 code : 8615 -
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Block trade for95 percent of Alborz Coal Company with the base value of 1409.4 Rialsper share to be divested through auction sale.
Shares of Eastern Alborz Coal Company To Be Divested

Block trade for95 percent of Alborz Coal Company with the base value of 1409.4 Rialsper share to be divested through auction sale.
Public Relations liaison of Iran Privatization Organization (IPO) reported a total number of 319,919,205 shares of Eastern Alborz Coal Company, equivalent to 95 percent of total shares, is to be divested on 25th December 2018 by Iran Privatization Organization through auction sale.
This block trade is to take place with a base value of 1409.4 Rialsper share with base value of 450,894 million Rials and on behalf of Esfahan Steel Company in the form of 10 percent cash sale and the remaining to be paid in installments during a 5-year period.

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