IKCO Set to Sell 13.7% of Shares

Iran Khodro Industrial Group has invited domestic and foreign investors to participate in the bid for purchasing its state-owned and intragroup shares.
According to this call, Samand Investment and Iran Khodro Investment Expansion will transfer 13.7% of the shares of Iran Khodro Company (IKCO) to qualified natural and legal people in compliance with rules and regulations.
Applicants can refer to Iran Khodro's Economic and Financial Deputy Office over 15 days starting from July 24 to declare their interest in buying the shares and completing forms for obtaining general and specialized qualifications, Donyaye Khodro reported.
The special conditions for the supply and transfer of Iran Khodro’s shares will also be announced after the completion of the legal process through Iran’s Securities and Exchange Organization.