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Divesture of IRR 1174 billion state-owned stocks and assets in the current Iranian calendar year

2017/09/06 | 13:31 code : 8253 Daily News
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From the beginning of Iranian calendar year a total value of 1174 billion Iranian Rials was divested by Iran Privatization Organization (IPO).
Divesture of IRR 1174 billion state-owned stocks and assets in the current Iranian calendar year

From the beginning of Iranian calendar year a total value of 1174 billion Iranian Rials was divested by Iran Privatization Organization (IPO).
Public relations department of IPO announced “From the beginning of Persian calendar year, 21st March 2017, a total value of 1174 billion Rials of state-owned stocks and assets have been divested, among which 1046 billion Rials was conducted through block trade and 128 billion Rials was divested through preferred stock transaction.
Also 102 billion Rials of divestitures was conducted through Tehran Stock Exchange (TSE) and 1072 billion Rials was divested through auction sale which summed up to 1069 billion Rials of Group 1 divestitures and 105 billion Rials of Group 2 divestitures.

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