Nov 8, deadline for TCI share buyers to pay 20% trade value

“On the basis of TCI block share trade contract, share buyers should pay 20% of the trade value 30 official days after acquisition,” Mahdi Oghadayee told Mobna news agency.
“The trading was performed on Sep 27 and TCI block share buyer, Tose’eh Etemad Mobin Consortium, has to pay the sum to bourse’s exchange chamber,” he said,
TCI’s 50% plus one share trade, valued at $8b, was the biggest trade in bourse’s history.
80% of the sum should be paid in 6 installments by Tose’eh Etemad Mobin Consortium compromising of investment companies Tose’eh Etemad, Shahriar Mahestan and Gostaresh Electronic Mobin Iran.
The consortium has begun negotiation with the private sector and some foreign companies for their cooperation.
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