Shasta to Offer 15% Stake in Major Construction Co.

Social Security Investment Company of Iran plans to offer 15% shares in one of its giant construction holding companies, Tamin Cement Investment Company, in the bourse, CEO of the SSIC said. 
The SSCI, also known by its Persian acronym Shasta, controls nine holdings in a wide range of sectors, including petroleum, petrochemicals, pharmaceuticals, cement, transportation and finance. The holdings manage about 200 subsidiaries. 
“Tamin Cement is one of the subsidiary holdings of Shasta that operates in the cement, construction and transportation sectors,” Mohammad Rezvani Far was quoted as saying by IRNA.