TCI block share trade cash payment due Nov 8

“The sum will be paid before its deadline,” Mohammad-Reza Modarres Khiabani told Mobna news agency.
“Tose’eh Etemad Mobin Consortium is interested in using other potentials through cooperation with domestic and foreign companies but that does not mean they are unable to pay the amount,” he added.
“Negotiations have been carried out with several Asian operators for technical and financial investment in TCI but they have not been finalized,” he said.
50% plus one TCI share was assigned to Tose’eh Etemad Mobin Consortium on Sep 27. The consortium is required to pay 20% of the trade value by Nov 8 and the remaining sum in 6 installments.
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