Tose’e E’etemad Consotium: Bonyad Ta’avon Sepah is not on our Buyers List

(Translated to English from (http://www.ictna.ir/id/023291/”), published on July 26, 2017) – While the Consortium for the Development of Trust, announced: “Unlike the rumors published by the IRGC Cooperative Foundation, it is not on the list of shareholders in the consortium’s companies,” the “Capital” track revealed that the name of the IRGC Cooperative Foundation is in the sub-collections and board members of the consortium. The Consortium of Etabomaybin, which consists of three Mobin Electronic Development Companies, has been investing in the development of Etemad and Shahriar Mahistan, with an amount of eight thousand billion USD, while managing the telecommunication block in competition with the most controversial competitor, the Iranian economy. The members of the board of directors of these three companies and shareholders These are the main names of buyers to be disclosed.
Accordingly, the search for the names of these companies on the official website of the results of the assemblies is published, the members of the board of directors of these three companies have been announced in detail. Based on these studies, Bahman Group, avalanche evening, chassis maker Iran and Valuators, the members of the board of trustees of the Trust Development Investment Company, have been appointed to this position in the last meeting of the Board of Directors elected for two years. The Bahman Group owns 46 percent of the IRGC’s Cooperative Foundation, which is repeatedly replicated in the subsidiaries of the companies mentioned above.
It is worth mentioning that the share of investment development company Etemad Mobin from the telecommunication block is 46%. The members of the board of directors of Shahriyar Mahastan with a 8% share of the telecommunication block were announced in the announcement of the decisions of the General Assembly of the Supreme Council dated 7/8/87 and 269489 of the official newspaper, as follows: Shahbosang Mining Industries, Talayee Trading, Hafez The system, Iran Atlas and the wise people of Pars, which is the name of the IRGC Cooperative Foundation in all of its board members. In the meantime, Electronic Mobin’s expansion is the only company in which there are fewer pseudo-name names. However, what the documents and documents indicate is the serious presence of the IRGC in the field of the acquisition of telecommunications management block. Regardless of whether the army is the owner of this block, the privatization organization’s encounter with the real private sector, which intends to compete in the deal, dramatically reduces the incentive for the private sector to compete in the future, and it is feared that Jabir’s experience and The supply of the telecommunication block will now open up public sector stocks with vacancies or private sector presence. This threat includes the presence of foreign investors in Iran’s assignments.

After the telecommunication block deal and the lack of realization of the market participants’ predictions about the winner’s name, yesterday, Iran’s telecommunications faced not only a fall in prices, but also a negative impact on the index and the company’s sales queues at the end of the deal with government dubious consequences. Iran Telecommunication.
The company’s poor performance in the first quarter of fiscal year 88, revenue cuts due to cut-rate SMS and cell phones in a period of time, and ultimately a 98.6% decrease in net profit of the company in the first quarter of the year compared to the same period last year. It was not a pleasure for telecommunication, and, besides its daily ambiguity, market participants saw only the time when they left these events privatized more than half of the company. But minutes after the announcement of the buyer’s block name, the telecoms share was in the sales queue, and at the end of trading on a block day, despite the positive impact of the 10.5 to 10 units of telecommunications that occurred in the early hours of trading, the company’s sales queue reached over 16 million Share reached Experts believe that changing the scheduling to deliver the block along with the delay in supply time was one of the reasons why the deal was negotiated at a negative price, in spite of approaching the time of the major deal.
But after a major deal, the situation worsened, and what was already speculated was the act and, finally, removing the private sector from the government’s suspicion.

Sales line of billions of telecommunications
On the last day of the deal, 988,336 telecom shares worth 1 billion and 806 million rials took place, with a 3 percent drop and a negative impact of 2.63 billion units on the index. At the end of trading days, The company saw six million and 382,000 shares in the list of most demanded sales.

Minister of Economics: ambiguity in the circumstances of the reason for the removal of one of the buyers
The Economics Minister made an explanation of the 50% block deal yesterday, plus a share of the telecoms and one-off removal of one of the applicants.

Contacts are the most sensitive industries in the world
Hosseini, referring to the scope of the Overseas Market, responded to the question of why the closing date for the largest trading deal in the history of the stock market yesterday was suddenly dropped out of the deal by a buyer of this block (Yazd Pioneer Cooperative) He said: As you know, there are now some operators or operators in the telecommunications industry, but there is now a telecom operator on the phone. On the other hand, telecommunications industries are among the most sensitive industries in the world. This sensitivity is also included in the policy of principle 44.

The conditions of the pioneers were ambiguous
According to the Minister of Finance, only one applicant was first enrolled, so it was not possible for a company to offer a stock of telecommunications, so another month was allowed to enter other competition consortia. Husseini said that by extending the deadline for the submission of applications, the number of telecommunication management block purchasers arrived at three consortia, adding that the financial, technical, and security capabilities of the three consortiums were examined and the result was that of the three consortia, the two groups of conditions It is necessary to participate in the supply of major shares of telecommunications.
In response to the question of why there was little opportunity between announcing the impossibility of competing for a consortium and the supply of telecommunications stocks, he said: “This new process has essentially taken place in talks in the past month. On the other hand, there were some uncertainties about the terms and conditions of one of these consortia that we did not get to the opinion of the legal authorities about this group. The reason for the telecoms supply is a week
Postponed due to this issue and was not overnight. ”

The privatization organization announced Wednesday to the company
In response to this question, the Finance Minister replied, “This is not the case, according to the officials of the Peshawmān Kavir Yazd, about 15 billion USD,” he replied: “This is not the case, but if this is true and the organization has short-lived privatization, we will consider it.” But sure, that’s not the case. Hosseini emphasized: all the conditions are transparent, and the organization of privatization last Wednesday
The company had announced it. If there is a debate and the consortium is protesting, their rights are reserved. »

The Consortium of Trust Development announced in response to the announcement of the purchase of the Telecommunication Management Block by the IRGC. The Consortium for the Development of Trust Mobin won the auctions in competition with the Iran-Iranian Mehr consortium at a price of 3409 Rials. One of the consortium consortium companies is Tedbir Investment and the other two are public corporations. The two publicly listed joint ventures have been used as SPVs to establish the presence of a large number of natural and legal persons applying for stock exchanges. According to the statement, “contrary to the rumors published by the IRGC Cooperative Foundation, it is not included in the list of shareholders in the consortium’s companies.” The announcement of 20% cash preparation for the consortium reads: Most of the resources provided, in addition to being part of Shares will be accepted and privately negotiated with private companies and banks, and some will be agreed upon. The transfer of a portion of the shares in the negotiation process has also taken place with several major international telecom operators and foreign investor companies that are in the process of deciding and finalizing. Regarding future plans, the Public Relations Consortium explained: A 10-year business plan has been developed that includes a program for the development and upgrading of advanced telecommunication technology and services, and predicts revenue and profitability and return on investment. This business plan involves a bright future for shareholders, employees of the Telecommunication Company and the country’s telecommunications and information technology.

Source » ictna

You May Be Interested