TCI completes information for bourse acceptance: PO head

“Bourse acceptance board has put forward six provisions for TCI and the company has completed the required information,” Gholam-Reza Heidari Kord Zanganeh told Mobna news agency.
“Although it was announced earlier that TCI’s 50% block shares would be sold off on Sept 9, but Privatization Organization will decide on a precise date,” he added.
PO deputy had said on Sep 6 that the TCI block share sale would likely be postponed because bourse needed more information.
According to the new Privatization Act, 80% of TCI has to be privatized and so far 30% has been fulfilled.
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