Cars do not need to be priced for handing over

According to the report of Economy Online; Hossein Gurbanzadeh, the head of the Privatization Organization, on his personal page on Twitter, emphasized that the government’s share in the block of automobiles must be handed over, and stated that according to the pricing regulations, the stock exchange company does not need pricing to determine the base price, and only for added value. A block must be determined as a percentage.

The announcements of the sale of cars for the sale of the sub-set, either shares or sites, which have been published so far by the companies themselves, have been done without coordination with the privatization organization. The government’s share is a guarantee that the Ministry of Security should try to release the shares.

After about a month in six expert meetings, the joint working group of the Ministry of Economy and Security prepared the strategy for the transfer of shares of the two car manufacturers with maximum participation and presented it to the two honorable ministers, so that after approval it will be proposed in the economic headquarters of the government.