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IPOAdvisor Announces;

Tomans 2,100 Billion of State Shares to Divest

17/08/2016 | 13:24 code : 7799 Daily News
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Iranian Privatization Organization (IPO)Advisor announced that Tomans 2,100 billion of State Shares will be divested on August and September 2016.
Tomans 2,100 Billion of State Shares to Divest

Iranian Privatization Organization (IPO)Advisor announced that Tomans 2,100 billion of State Shares will be divested on August and September 2016.
“Iran Privatization Organization is expected to divest 80% of Damavand Petrochemical Company in value of Tomans 1,370 billion on September 2016”, says IPO advisor Seyyed Jafar Sobhani.  
He named “IbneSina Petrochemical Company, DehloranSepehr Petrochemical Complex and Ghaemshahr Textile Spinning & Weaving Company” as the other companies to be divested their stocks through the Stock Exchange Market in the mentioned date.
IPO Advisor added: “121 fuel stations in 21 provinces in value of Tomans 700 billion will be auctioned since 5 September, 2016.”

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