NEW
27-May-2009
In the execution of the Law on Amendment of Articles of 4th Economic, Social and Cultural Development Plan of the Islamic Republic of Iran and Implementation of General Policies of Principle (44) of the Constitution and the regulations related to, Iranian Privatization Organization is considering divesting the shares of Iran Mines & Mineral Industries Development & Renovation Organization (IMIDRO) in the Iran National Steel Industrial Group (INSIG), observing other conditions stated hereunder by resorting to the tender method, with the preferred shares (if any) at maximum 5 percent of the total divestible shares and installment shares of the other experienced, expert and efficient directors (if any) at maximum 5 percent of the state shares having been deducted:
NOTICE FOR DIVESTITURE OF SHARES BY THE IRANIAN PRIVATIZATION ORGANIZATION THROUGH THE TENDER BID
In the execution of the Law on Amendment of Articles of 4th Economic, Social and Cultural Development Plan of the Islamic Republic of Iran and Implementation of General Policies of Principle (44) of the Constitution and the regulations related to, Iranian Privatization Organization is considering divesting the shares of Iran Mines & Mineral Industries Development & Renovation Organization (IMIDRO) in the Iran National Steel Industrial Group (INSIG), observing other conditions stated hereunder by resorting to the tender method, with the preferred shares (if any) at maximum 5 percent of the total divestible shares and installment shares of the other experienced, expert and efficient directors (if any) at maximum 5 percent of the state shares having been deducted: