TCI block share trade definite on Sep 27

“TCI’s 50% plus one share will be sold off on bourse Sep 27 with no problem,” Gholam-Reza Heidari Kurd Zanganeh told Mobna news agency.
TCI 78 trillion rials block shares will be on sale when previous dates were postponed several times.
TCI is among companies which have to be privatized according to the new privatization law.
So far, 5% of TCI shares have been sold off, 5% assigned to TCI staff and 20% assigned as Justice Share.
By assigning this 50% of shares, 20% of TCI shares will remain with the government.
The sale of this amount of shares is unprecedented in bourse’s history.
113/19