Notification of the Government’s Legislation for Divesting of 25 SOEs during 2007
Vice-President notified the Board of Ministers’ Legislation regarding the divestiture of 100 percents of the shares of 25 SOEs through the Stock Exchange or bids in 2007.
The Government’s Legislation for Divesting the Shares of Homa and Iran Air Tours Companies
Vice-president notified the Cabinet’s legislation for divesting the shares of Homa and Iran Air Tours Companies.
Private Sector Share in Petrochemical Projects Reached 24%
During 2002-2006, the share of private sector of the total investments made in the petrochemical industry exceeded 24 percent..
IPO Executive Director Announced:
Shares supply of 4 governmental banks from October 2, 2007, in 10 day-intervals
IPO executive director said: “The divesting of 30.000 billion Rials of shares of 11 governmental companies and banks was approved in the last meeting of the IPO Board of Directores.
Offering 2nd block of Copper Co, Postponed
Public Relation and International Affairs Dept of I.P.O, reports that the date for offering second block 20% of national Iranian Copper Co. Shares, which before was announced for Wednesday 19th Sept 2007, is postponed for other time.
Notice for Divestiture of Shares by the Iranian Privatization Organization -IPO
Notice for Divestiture of Shares by the Iranian Privatization Organization -IPO
The shares of two major Iranian SOEs are to be shortly privatized
On the strength of the latest legislations of the Cabinet, privatization of 40 percent of the Iran Aluminum Company (IRALCO) and the Iranian Copper Industries Company (ICIC) were approved to be conducted in managerial blocks through the Stock Exchange.
The IRI Government and the Beginning of Commercial Banks Privatization
On the strength of the decisions made recently by the senior authorities of the country and in the application of the major policies notified by the IRI Supreme Leader regarding the Article 44 of the Constitution, the divesting of four Iranian commercial banks were put in the agenda of the Iranian Privatization Organization (IPO).