Tehran’s stock market is gearing up for one of its busiest initial public offering in the weeks to come as a flurry of companies are expected to go public following attractive measures announced by the regulator.
On Tuesday, a memorandum of understanding was signed by private sector representatives and stock market authorities to create a ‘Single Window’ to facilitate listing of private companies.
The MoU was signed during a meeting of the Government-Private Sector Dialogue Council and attended by business leaders, government officials and lawmakers to discuss economic issues.
Signatories included CEOs of Tehran Stock Exchange, Iran Fara Bourse, Iranian Association of Certified Accountants and Iran Chamber of Commerce, Industries, Mines and Agriculture, the ICCIMA news portal reported.
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