Current MCI directors can be reinstated

“The new directors may then appoint the managing director followed by chairman of the board of directors,” Saber Feizi told Mobna news agency.
He said, however, that no meeting had been held in that regard.
“The new owners, who have paid up 15,000 billion rials for TCI block shares and have to pay 4,000 billion rials every four months, presumably knew their plans for the company,” he added.
The first TCI extraordinary general meeting was held on Nov 30 to appoint temporary legal entities as TCI board members.
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