SSO to receive profit from TCI 6% share sale: TCI shareholder
“It’s almost certain that the government will pay this sum to the Social Security Organization,” Mohammad-Reza Modarres Khiabani told Mobna news agency.
“The government will pay the sum towards its debt to the Social Security Organization,” he said.
“No contract has been signed between the government and new TCI share buyers and this issue had not been referred to in TCI share sale advertisement,” he added.
The news about the 6% profit assignment was published only yesterday.
According to article 44 of the constitution, 50% of TCI shares have to be assigned to a non- governmental sector, 20% to government, 20% as Justice Share, 5% to float and 5% for TCI personnel.
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