Divestiture of 20 percent shares of Sugar Cane and Byproducts Development Company

20 percent of Sugar Cane and Byproducts Development Company is to be divested on 17th April 2018.

20 percent of Sugar Cane and Byproducts Development Company is to be divested on 17th April 2018.

Pulic Relations liaison of Iran Privatization Organization (IPO) reported 20 percent shares of Sugar Cane and Byproducts Development Company, accounting for 228,622,000 number of shares will be divested by IPO on 17th April 2018.

The aforementioned number of shares with total base value of 11,718, 295 million Rials is to be put on auction sale in the form of 10 percent cash sale and 90 percent in 9-year installments.

Keywords