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Enhancing Efficiency and Corporate Governance In Accordance With Privatization Policies
Davoodkhani, Deputy for Planning, Development of Resources & Support Affairs of Iran Privatization Organization (IPO) stated: Results of supervisions and probes into the divested state-owned companies to private sector indicated enhanced efficiency and significant improvementsin corporate governance.
Divestiture of 21 State-Owned Companies and Assets
Divestiture of total number of 21 state-owned assets and companies is on the government?s agenda during 22nd May to 21st June 2018.
Block Trade of 11.44 Percent Shares of Amin Reinsurance Company
Block trade of 11.44 percent shares of Amin Reinsurance Company to be divested on June 18th 2018 through Iran Fara-Bourse (IFB).
Block Trade of 17.34 Percent Shares of Alborz Reinsurance Company
Block trade of 17.34 percent shares of Alborz Reinsurance Company to take place on June 18th 2018.
78 Percent Block Trade of Khaleej-e-Fars International Transportation Company
A total of 273,528,000 number of shares of Khaleej-e-Fars International Transportation Company to be divested through Tehran Stock Exchange (TSE).
Divestiture of 20 percent shares of Sugar Cane and Byproducts Development Company
20 percent of Sugar Cane and Byproducts Development Company is to be divested on 17th April 2018.
Total Divestiture of Esfarayen Industrial Complex
100 percent of Esfarayen Industrial Complex to be divested on 17th April 2018.
Divestiture of 30 percent of OmranMaskanShargh Construction Company
30 Percent of OmranMaskanShargh Construction Company is to be divested on 17th April 2018.
Total Divestiture of Luleh Gostar Esfarayen
100 percent shares of Luleh Gostar Esfarayen to be divested on 17th April 2018.
Total divestiture of Iran Silkworm Rearing Company
100 percent shares of Iran Silkworm Rearing Company to be divested on 17th April 2018.
Total Divestiture of Sefidroud Animal Husbandry and Agricultural Company
100 percent shares of Sefidroud Animal Husbandry and Agricultural Company to be divested on 17th April 2018.
Divestiture of Zarand Electrical Power Plant and Power Production Management Company
Divestiture of Zarand Power Plant and Electrical Power Production Management Company shares to take place on 17th April 2018.
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