Economy, Sci & Tech

Major ISP HiWeb Back on Capital Market

Major ISP HiWeb Back on Capital MarketMajor ISP HiWeb Back on Capital Market

As of Monday, shares of major Iranian Internet service provider HiWeb were traded on the Tehran Stock Exchange again after its ticker symbol was frozen last December.
According to TSE, HiWeb's books at the time did not meet the organization's requirements for firms to be listed on the capital market, local technology website Peivast reported.
The Securities and Exchange Organization froze ISP's shares in December 2017 due to ambiguities in its books, said Mohammad Alizadeh, the head of SEO Issuers Supervision Department.


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