Social Security Investment Company, the investment arm of the Social Security Organization (SSO), will offer 5% of its stake on the stock market, the SSIC managing director said.
Mohammad Rezvanifar did not elaborate in the timeline for initial public offering but concurred that the listing process would take time given the size of the company.
“Shares to be offered will be in large numbers and the listing process apparently will take time,” IRNA quoted him as saying.
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