87962
Many of the companies on the privatization list are either underperforming or posting losses, making it even harder to find buyers.
Many of the companies on the privatization list are either underperforming or posting losses, making it even harder to find buyers.
Wednesday, June 13, 2018

631 State-Owned Assets on 2018-19 Privatization List

Of the total figure for this year, the ownership of 194 public entities is to be fully transferred to private owners while 80% shares of the remaining 437 public enterprises are to be ceded
Wednesday, June 13, 2018

631 State-Owned Assets on 2018-19 Privatization List

Iranian Privatization Organization is set to sell stakes in 631 state-owned firms to the private sector later in the current fiscal year (March 2018-19), which is 87% more compared to the number of firms listed for privatization last year.
Of the total figure for this year, the ownership of 194 public entities is to be fully transferred to private owners while 80% shares of the remaining 437 public enterprises are to be ceded.
"Over 280 of the listed companies actually remain from the previous fiscal year's list," the managing director of IPO said, adding that exchange-listed firms will have their shares offered on the stock exchange and the rest will be sold via tenders.
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/BSJnQ4
06/13/2018
  1. https://goo.gl/wfSVYj
  • https://goo.gl/4N4AF8
  • https://goo.gl/RdAA28
  • https://goo.gl/9iPGyG
  • https://goo.gl/6fqZrN

You can also read ...

Gov’t Mulling Creation of Forex Open Market
The government has agreed to consider a business community...
India Looks to Operationalize Chabahar by 2019
India is trying to make the strategic Chabahar Port in Iran...
Gioia Tauro, the port from where Gruppo Ventura shipped locomotives to Iran
From its headquarters in Calabria, the poorest, least-...
Samer al-Khalil
Syria is ready to establish a rail link with Iran through Iraq...
No New Shopping Malls Allowed in North Tehran
Construction permits will no longer be issued for new shopping...
ICJ to Hear Iran’s Lawsuit Against US Over Frozen Assets
The UN's top court will in October hear a case brought by Iran...
Smuggled Copper Ingots Seized
Customs officials at Khorasan Razavi Province’s Sarakhs, the...
2nd Real-Estate Investment Trust Launched
The Iranian government on Saturday inaugurated the country’s...

Add new comment

Trending

Googleplus