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Divesting of 40% of Gostaresh Energy Novin Company

Divesting of 40% of Gostaresh Energy Novin Company

The 40% of the shares of Gostaresh Energy Novin Company in the favor of Industrial Development and Renovation Organization of Iran (IDRO) will be divested through the OTC in the base value of 1109 Rials per share and total base value of 44 billion and 360 million Rials.

2012/07/31
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15% of Esfahan Steel Company Shares to Divest

15% of Esfahan Steel Company Shares to Divest

The 15% of the shares of Esfahan Steel Company equivalent to 1,180,260,900 shares will be divested through the OTC on the price of the TSE board price on the day of offering (equal to the closing price on the day before the offering date) plus 20% unless it wouldnt be less than 1500 Rls on the first half of July 2012. The capital of this company is 7,868,406,000,000 Rls. The States hold 97% of the shares and the private sector owns 3% of the shares of Esfahan Steel Company.

2012/07/02
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50% of Khouzestan Steel Company to Divest
17 July 2012

50% of Khouzestan Steel Company to Divest

The 50.5% of the shares of Khouzestan Steel Company equivalent to 1,106,960,000 shares will be divested on the price of the TSE board price on the day of offering (equal to the closing price on the day before the offering date) plus 50% unless it wouldnt be less than 22,622 Rls on 17 July 2012. These block shares will be divested as 30% in cash with 4 years installment and the payment deadline of cash part is 30 days.

2012/07/02
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Energy Forum to be launch
With the Approval of Securities and Exchange High Council

Energy Forum to be launch

Deputy of Power Market Department of Iran Grid Management Company said: "With the Approval of Securities and Exchange High Council, Energy Forum with a focus on electricity will be launched."

2011/06/29
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The Development of a Shareholding Culture with the Privatization
Declaration of International Monetary Fund (IMF) about Economic Developments in Iran

The Development of a Shareholding Culture with the Privatization

International Monetary Fund (IMF) mission led by Mr. Dominique Guillaume visited the Islamic Republic of Iran from May 28 to June 9, 2011 to conduct discussions for the Article 4 Consultation.

2011/06/22
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