Executive committee of Imam Khomeini own Trust Development Investment Company

According to Article 28 of the Articles of Association of Iran Telecommunication Company, the General Assembly of the General Meeting of Extraordinary General Shareholders to complete the members of the Board of Directors of the company and other items that are in the competence of the General Assembly is wonderful; morning This Tuesday is formed this week.

Today, with the message of the market observer, the icon of the Iranian telecommunication network was suspended in order to hold the assembly.

The reports suggest that this extraordinary forum will be held in order to decide on the real representatives of these two legal entities, due to the unjustified absence of government representatives and equity in the meetings of the telecom company’s board of directors.

According to Article 30 of the Telecommunication Company Statute, due to the continued absence of two members of the board of directors, the general assembly should be formed and the number of members should be completed.

At the same time, in accordance with the law of trade, in case of absence, four unwarranted sessions, as well as the absence of six sessions, shall be considered non-recurrently by any member of the board of directors as the resignation of that member.

In the composition of the board of directors of the telecommunication company of Iran, the Government of the Islamic Republic of Iran and the equity of each shareholder owns 20% of the company’s shares with a 50% share plus a share of the Trust Development Company.

According to Fars, the latest composition of the telecom company board that was announced to the Stock Exchange on May 19th, Mohammad Reza Modares Kitabani, representing Shahriar Mehestan Co., Seyyed Mostafa Seyyed Hashemi on behalf of Mobin Electronics Development, Nasrollah Jahangard From the Government of the Islamic Republic of Iran, Ali Baqaee, a representative of the development of trust Mobin and Mohammad Roohollah, also representing the equity investment company of Isfahan Province, rely on the five chairs of the Telecommunication Directors, who have been appointed as Seyyed Asadullah Dehnad as CEO This compound has been under the control of the company for less than 5 months The principle has been forty quarters.

The incoming telecommunications forum will be held this week to decide on new government deputies and equity in the composition of the board, with news from some sources aware of the many possible constraints on this forum.

The collective change of all members of the board, or even the introduction of a new CEO or a one-sided major shareholder with a 50% stake in continued co-operation with former board members is part of the prospect that will be clear for shareholders this week for shareholders. Became

The Tehran Telecom Company purchased the Equity Mobin 50 Consortium on October 5, 2009, plus one percent of the shares of the Iranian Telecommunication Company for a value of 7800 billion USD.

Consortium of Trust Mobin consortium consisting of three companies Mobin Iran Electronics Development Company and “Shahriar Mehestan Co. belonging to” Sepah Cooperative Foundation “and” Investment Trust Development Investment Company “belonging to” Executive Committee of Imam Khomeini “.

Since the coming into office of the eleventh government, the subject of telecommunications and telecommunications tariffs has been the subject of controversy between the government and the controlling stockholders of the company with a capital of 4 587 billion and 365 million and 565 thousand and 200 USD respectively.

According to Fars, the General Assembly of the Extraordinary General Shareholders of the Telecommunication Company of Iran, in order to complete the board of directors of the company, will be held at 9:00 am on Tuesday, 10th of September, 2009 at the Center for Productivity and Human Resources Studies of Tehran.

Source » farsnews

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