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Project-oriented Affiliate Public Joint-stock Company in Iran Capital Market

The SEO, for the purpose of easing and facilitating the financing of projects, has invited companies and other entities to form project-oriented affiliate companies.

 

The SEO, for the purpose of easing and facilitating the financing of projects, has invited companies and other entities to form project-oriented affiliate companies.

The main company shall make an affiliate public joint-stock company and transfer all of the intended projects to that. Needless to mention, 50 to 60 percent of initial capital can be prepared by the main investor, which is the main company.

It is noteworthy that the mentioned company must be registered with the SEO. Also, its stocks will be offered to public by means of underwriting and then reopening its ticker symbols for the secondary transactions on the Iran Farabourse.