Sepeh Bank assigns Omid investment under special conditions

According to the financial news, following the emphasis of the Supreme Leader of the Revolution and the policies of the government to withdraw the banking system from corporate governance, Sepeh Bank sold 17% of its shares in Omid Investment Company, which is considered its most important economic enterprise, through an auction. He hands it over in the stock market. According to Tehran Stock Exchange announcement No. 126589/181, the base price of each share has been announced as 31700 Rials, and the said bank has considered the special conditions of transfer with long-term installments and minimum cash share for this company.

The current value of Omid Investment Management Group is more than 150,000 billion Tomans, and with the majority ownership of Chadormelo, Gol Gohar and Gohrzmin mining companies, it plays a key role in the country’s steel and iron ore chain. In addition, Omid Investment is one of the country’s largest companies in the country’s crude oil storage industry and has contributed significantly to the implementation of national and large projects to create jobs in different regions of the country.