Details of the largest stock market auction from the language of the head of privatization

According to the economic reporter of Fars news agency, Hossein Gurbanzadeh in live communication with the news section at 14:00 today regarding the transfer of a 12% block of Persian Gulf Petrochemical shares, which is considered as the largestthe most The sale of the privatization organization is mentioned, he said: In the handover board, it was approved that the handover should be done in a way that the base price of the board of the day for the Persian Gulf petrochemical shares plus 90% premium Or the added value should be done for the management quota of these shares, the price of the board on the day was 735 Tomans, which plus 90% of the added value was determined to the base price of each share of 1397 Tomans, but during the three-day auction from Saturday to today, Monday, this price The auction flow increased.

The head of the Privatization Organization said: In these three days, the auction between two applicants, namely, the company of goals affiliated to the pension fund of the oil industry and the Tehran oil refinery, whose eligibility was approved by the transfer committee last week, and these two applicants provided the required guarantees. and during three working days more than 270 times the proposed figure was presented by these two participants and finally in a breathtaking competition today at the price of 1851 Tomans per share with 152% premium or added value was determined.

He also said: “The competition in this auction shows that the shares in the market that belong to the Persian Gulf or other large companies are really valuable, and we saw that after this auction, 20 million queues were formed for the petrochemical shares of the Persian Gulf.”

He also said that the government can finance from the capital market non-inflation pay and check the qualifications of buyers and market operators and finally by handing over government shares to non-government companies, it is hoped that the efficiency and productivity of these companies will increase and the government’s supervision will become more effective.

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