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Divestiture of Two Hundred and Seventy Three Million Shares of Khaleej-e Fars International Transportation Company through Stock Market

2017/12/04 | 11:47 code : 8590 -
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A total number of 273 million shares of Khaleej-e-Fars International Transportation Company is to be divested through Tehran Stock Exchange.
Divestiture of Two Hundred and Seventy Three Million Shares of Khaleej-e Fars International Transportation Company through Stock Market


A total number of 273 million shares of Khaleej-e-Fars International Transportation Company is to be divested through Tehran Stock Exchange.

Public Relations liaison of Iran Privatization Organization (IPO) announced a total number of 273,528,000 shares, accounting for 87.37 percent of Khaleej-e-Fars International Transportation Company is to be divested by IPO on behalf of EhyaGostarHormoz Company on 4th December 2017.
According to this report the divestiture will take place with a base value of 4000 Rials per share, with 10 percent cash payment and 90 percent payment in installments.

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