TCI general meeting held 10 days after block shares buyer pays Treasury

“According to TCI charter, its board of directors has 5 members, of whom 3 are selected by new shareholders who should announce their plans for the company,” he said.
The new shareholders should pay 20% of the sum within a month and 10 days after the payment, certified by the Privatization Organization, the extraordinary TCI general meeting will be held, he added
He said Private Organization was to answer questions raised on recent TCI block shares acquisition by Mobin Etemad Development Consortium.
Last month, 50% plus one TCI shares were sold on bourse to the consortium, the largest ever trading in bourse’s history.
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