4 State-Owned Firms to Go Public

Iranian Privatization Organization is putting out the shares of four state-owned companies to tender today (Monday. The tender includes a 95% stake in East Alborz Coal Mining Company including 319 million shares each priced at 1,566 rials, a 33.54% stake in Iran Helicopter Company including 15 million shares each priced at 29,429 rials, a 94.96% stake in Mashin Sazi Lorestan including 129 million shares each priced at 447 rials and a 37.17% stake in IDRO Landra including 7 million shares each priced at 348 rials, Tasnim News Agency reported.