66697
IFB Lists $52m Investment Company
Economy, Business And Markets

IFB Lists $52m Investment Company

Sarcheshmeh Copper Investment Company was listed on the over-the-counter Iran Fara Bourse’s Second Market on Sunday. The 2-trillion-rial ($52.63 million) market cap investment company is a subsidiary of National Iranian Copper Industries Company. Its portfolio comprises investments in 14 companies operating in the fields of energy, construction, mining and steel, road construction, investment holding, chemicals and engineering services. The firm’s bid to be listed on IFB was accepted in May. It started trading on Sunday with a share price of 3,030 rials. The Institute for Iranian Copper Industries Pension Fund has a 56% stake in Sarcheshmeh Copper Investment Company.

Short URL : https://goo.gl/XSRoPU
  1. https://goo.gl/eDRN7W
  • https://goo.gl/m2NrNn
  • https://goo.gl/w7SmKA
  • https://goo.gl/nXRaEZ
  • https://goo.gl/TEgkLM

You can also read ...

WTO Accession No More a Priority for Iran
Joining World Trade Organization is no longer a priority for...
Rouhani Sends Banking Reform Bills to Parliament
Following an approval by the Cabinet and a presidential...
One factor causing a drop in Chinese steel in Iran is their rising prices.
Chinese steel was everywhere in the world for the good part of...
Bill on Construction Quality Inevitable
In order to curb the construction of substandard buildings,...
Peugeot’s 301 model is on sale in Turkey for more than three years.
Iran Khodro dealers confirm that the new Peugeot 301 sedan is...
TSE’s Average P/E at 5.6
The average price to earnings ratio of Tehran Stock Exchange-...
Proposed Economy Minister Pledges Overhaul
Economy minister-designate, Masoud Karbasian, elaborated his...
Iran’s per capita egg consumption stands at 198.
Hit hard by the H5N8 bird flu virus last year, the Iranian...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus