Privatization of 12 Public Firms on April 17

EghtesadOnline: Iranian Privatization Organization plans to transfer the shares of 12 public companies to the private sector on April 17, the organization’s website announced.

News ID: ۷۸۲۲۲۹

08 April 2018

The sales include a 100% stake in Moghan Agro, Industry & Livestock Company, 40% stake in Pars Agricultural Inc., 100% of Sefidrood Agricultural & Livestock Company, 20% in Sugarcane & Byproducts Development Company, 100% in Esfarayen Industrial Complex, 100% in Luleh Gostar Esfarayen Company, 100% in Iran Silkworm Rearing Company, 100% in Khouzestan Oil Refinery Company, 100% in Zarand Power Plant, 40% in Zarand Power Plant Management Company and 30% in Shargh Housing and Development Company, IRNA reported. Some of the shares offered are underperformers that failed to find any buyers last year, according to Financial Tribune.