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Divestiture of 11.44 percent of Amin Reinsurance Company

2018/03/17 | 12:59 code : 8931 Daily News
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11.44 percent shares of Amin Reinsurance Company to be divested on 19th March 2018.
Divestiture of 11.44 percent of Amin Reinsurance Company

11.44 percent shares of Amin Reinsurance Company to be divested on 19th March 2018.

Public relations liaison of Iran Privatization Organization (IPO) reported 11.44 percent of shares of Amin Reinsurance Company, equivalent to 285,996,872,000 number of shares will be offered through auction sale on 19th March 2018.

The aforementioned number of shares will be put on sale by Iran Privatization Organization(IPO) with base value of closing price of the stock on the prior trading day on Tehran Stock Exchange (TSE) plus 20 percent on the condition that price is not less than 1433 Rials

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