Total Divestiture of state-owned assets reached 3035 billion Rials
Total worth of divested state-owned assets and stocks through auction sale and Tehran Stock Exchange (TSE) reached 3035 billion Rials since 21st March 2017.
Public relations liaison of Iran Privatization Organization (IPO) reported since the beginning of current Persian calendar year, 21st March 2017 to date a total value of 3035 billion Rials of state-owned assets and stocks has been divested by Iran Privatization Organization (IPO). Of total divestitures 102 billion Rials took place through Tehran Stock Exchange and 2933 billion Rials through auction sale.
Additionally, 2904 billion Rials of total divestitures were through block trade and 131 billion through preferred stock transaction. Also , of 3035 billion Rials of divestitures , 2930 billion Rials were first category and 105 billion Rials were 2nd category of divestitures.