State-owned Stocks of Asia Insurance Company, Alborz Insurance Co and Dana Insurance Company to Be Divested
Cabinet of Islamic Republic of Iran ratified divestiture of the remaining government shares of Alborz, Asia and Dana Insurance companies. Following the ratification, stocks of the aforementioned companies have undergone the valuation process by the assigned divestiture team to be put on sale by Iran Privatization Organization (IPO).
Divestiture of 2878 billion Rials of state-owned stocks through Tehran Stock Exchange (TSE)
During the first 9 months of Persian calendar year, since 21st March 2017, 2878 billion Rials of state-owned stocks and properties has been divested.
Divestiture of 1436 Trillion Rials of State-owned Shares Since 2001
Since the establishment of Iran Privatization Organization (IPO) in 2001, a total value of 143,158 billion Rials of state-owned shares has been divested in various forms.
Shares of Industrial Renovation Company of Iran To Be Divested
A 96 percent block trade of Industrial Renovation Company of Iran with the base value of 2439 Rials per share is to be divested through auction sale.
Shares of Eastern Alborz Coal Company To Be Divested
Block trade for95 percent of Alborz Coal Company with the base value of 1409.4 Rialsper share to be divested through auction sale.
Total Divestitures of Government Assets Reached 298 billion Tomans
Since 21st March 2017 to date, beginning of Persian calendar year 2980 billion Rials of government assets has been divested through stock exchange and auction sale.
Divestiture of Two Hundred and Seventy Three Million Shares of Khaleej-e Fars International Transportation Company through Stock Market
A total number of 273 million shares of Khaleej-e-Fars International Transportation Company is to be divested through Tehran Stock Exchange.
Divestiture of Shares of Two Companies
Shares of two companies to be divested on 4th December 2017.