President at the meeting of cabinet’s economic coordination board:
Provincial investment companies must report to shareholders on a regular basis/ Emphasis on paying attention to the rights of Justice Share holders and their enjoyment of the right to manage sales
The 140th session of the government's economic coordination board was held on Tuesday under the chairmanship of President Dr Hassan Rouhani.
The director general of the Iranian Privatization Organization said the deadline for determining the method of managing the Justice Shares will end on May 28.
Explaining the details of the transfer of state-owned companies' shares, the head of the Iranian Privatization Organization said: 18 companies are in the form of three ETF funds, which include banks, insurance companies, refineries, metals and automobiles.
The head of the Iranian Privatization Organization (IPO) explained the launch of the first ETF fund as Financial Intermediation Fund, which includes three banks and two insurance companies.
HEAD OF IPO:
The director-general of the Iranian Privatization Organization (IPO) said: "The offering of IDRO and IMIDRO shares in the stock exchange needs the approval of the Cabinet and if this approval is obtained by the end of Shahrivar, the preparations for the offering will begin and hopefully it will be done in the first half of this (Iranian) year.
A member of the executive board of the Iranian Privatization Organization (IPO) said: "Esteghlal and Persepolis clubs will be offered on the stock exchange by the end of the first half of this year."
IPO HEAD SAID REGARDING FULFILLING THE MOTTO OF PRODUCTION JUMP:
Referring to the role of this organization in realizing the motto of production jump, the head of the Iranian Privatization Organization (IPO) said: "In this regard, over 100 trillion tomans of stagnant and unproductive government property have been identified and we are developing the necessary mechanisms to transfer this property through the stock exchange."
According to the public relations department of the Iranian Privatization Organization (IPO), in an interview with IRINN regarding the latest status of the privatization of Esteghlal and Persepolis football clubs, Dr. Alireza Saleh said: "the intention for offering the shares of the two clubs exists and the first instruction of the (Iranian) president to the Economy Minister in the (Iranian) year 1399 was to accelerate the transfer of all state-owned enterprises."
DR SALEH IN A PRESS CONFERENCE:
The Privatization Organization PR - ?In accordance with the General Policies of Principle 44 of the constitution, which was announced by the supreme leader, it was mandated to transfer much of the government's powers to the private sector." Dr. Alireza Saleh told reporters in a press conference.
According to announcement of Tehran Stock Exchange
Tehran Stock Exchange