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Full Divestiture of Luleh Gostar Esfarayen Co.

2018/01/10 | 11:32 code : 8690 -
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Divestiture 100 percent shares of Luleh Gostar Esfarayen to take place on 22nd January 2018 through auction sale.
Full Divestiture of Luleh Gostar Esfarayen Co.

Divestiture 100 percent shares of Luleh Gostar Esfarayen to take place on 22nd January 2018 through auction sale.
Public relations liaison of Iran Privatization Organization (IPO) reported 100 percent shares of Luleh Gostar Esfarayen, equivalent to 1,808,592,000 number of shares will be put on auction sale on 22nd January in the form of 10 percent cash sale and remaining to be paid in instalments during an 8-year period.
According to this report, the aforementioned number of shares is to be divested by IPO on behalf of IMIDRO and is valued at 1,060 Rials per share and total base value of 1,917,107 million Rials.

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