TCI block share sale not wholly satisfactory
“There should be a revision of article 44 of the constitution and the sale of Government companies to the private sector, although the concept is reasonable,” Ali Motahhari told Mobna news agency.
He believed, however, that the sale had been to a partially state-owned, and not a private, buyer and that needed looking into.
On Sep 27, 50+1 percent of TCI block shares were sold on bourse to Mobin Etemad Development Consortium, unprecedented in bourse’s history in term of volume of trading, creating a new planning and policy environment for TCI.
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