ابراهیمی سروعلیا

The Deputy Supervisor of Financial Institutions of the Securities and Exchange Organization estimated the value of the shares of the provincial investment companies at 400,000 billion Tomans.

Tehran, April. 13 (SENA)-According to the Securities and Exchange News Agency (Sena), Mohammad Hassan Ebrahimi Sarvolia said this morning in the news network program: "Soon, the election of the members of the board of directors of the provincial Justice shares companies will be held and these members will buy shares of 30 million people worth about 400,000." Billion tomans will decide.

The Deputy Supervisor of Financial Institutions of the Securities and  Exchange Organization stated: At present, we have 31 provincial investment companies, and the election of the board members of these companies should be held.

A member of the board of directors of the Securities and  Exchange Organization, referring to the different methods of stock management in justice Shares holders, added: "Last year, when the justice Shares was liberalized, people decided to manage their stocks in two ways; About 20 million people chose the direct method and 30 million people chose the indirect method.

Ebrahimi Sarvolia added: "The shares of the people who directly control the share have been liberated about 60% so far and it is possible to sell it."

The member of the board of directors of the Securities and  Exchange Organization continued: Those who chose the indirect method, in fact, handed over the management of the shares to the provincial investment companies of justice shares and the current value of their shares is about 400 thousand billion Tomans.

He explained: "In other words, the total value of the shares of the provincial investment companies of justice stocks is 400,000 billion tomans, which is currently being discussed in the elections of the board of directors of these companies."

Sarvoalia stated: Of course, this figure is only related to 36 companies that have been listed.

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