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Block Trade of 88.35Percent of RSTC Company

2018/09/29 | 17:18 code : 9341 -
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Block trade of 362 million number of shares of Railway Services and Technical Construction Engineering Company (RSTS Co.) to be divested on 9th October 218.
Block Trade of 88.35Percent of RSTC Company

Block trade of 362 million number of shares of Railway Services and Technical Construction Engineering Company (RSTS Co.) to be divested on 9th October 218.

Public relations liaison of Iran Privatization Organization (IPO) reported block trade of 88.35 percent shares of Railway Services and Technical Construction Engineering Company (RSTS Co.) accounting for 362,183,731 number of shares with base value of 727644 Rial per share and total base value of 2,632,148,331,034 Rial in the form of 10 percent cash and 90 percent in 8-year installments.

Auction of the aforementioned number of shares will take place by Iran Privatization Organization (IPO) and with auction participation fee of 1,946,449,932 Rial will take place on 9th October 218.

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