Selection, the new initial offering of the over-the-counter market – Tejaratnews

According to Tejarat News, on the fourth working day of the week, a press conference was held for the shares of the company.

Mohammad Hossein Fahimi, CEO of Arman Electronic Selection, said: Household appliances are a competitive market, and the rules must be amended. If this correction happens, it can play an effective role in the forward movement of this industry.

He continued: “Chosen Industrial Group started its work in the field of home appliance production in 1979 and changed its structure in 1998 and was ready to enter the capital market, and now as a holding company, we applied for admission to the capital market and Omid It will be launched soon.

Asgari, the financial manager of this holding, further explained: the capital of the company is one thousand billion tomans, in other words, 10 billion shares of one thousand rials. The total board of directors is 7 people. The capital of the company started with one million and 70 thousand tomans in 1979 and has reached one thousand billion tomans in 9 stages of capital increase.

This official stated: We have 12 subsidiary companies in different sectors. We differ from other companies in creating a national value chain, we have the largest and most equipped factories, a complete product portfolio for maximum response, the widest sales network, a nationwide network of logistics and services. After sales. We have sold more than 29 thousand billion tomans, 2 million and finally 200 thousand units of our total production.

In the end, Fahimi said: since 2019, the discussion of mandatory pricing was raised, it was definitely not the right policy in relation to the discussion of household appliances, like in any industry. Household appliances have a competitive market, the rules must be modified and if this modification occurs, it can play an effective role in the forward movement of this industry.