فرزان

The recent decision to issue 24,000 billion tomans of subsidiary bonds, while creating a new potential to support the capital market, has helped diversify financial instruments in the market and can restore a spirit of hope to the market.

Tehran, May. 29 (SENA)- Amir Parviz Farzan, Deputy Minister of Finance and Administration of Zarrin Industrial and Mining Group, told the Securities and Exchange News Agency(Sena):Simultaneously with the initial public offering of Faogstar and Fotosa symbols, due to the basic characteristics of the shares and in order to support the shareholders and guarantee an annual return of 20% of the shares (relative to the value of the shares on the day of initial public offering)and at the request of OTC Iran, we issued subordinated options.

He added: the liquidity resulting from the offering of shares of Fagoster and Fotosa companies in the investment production sector and part of it will be used to support the shares of Fazrin and Kimia symbols.

Farzan stated that last week about 11 million shares of Fazrin shares were bought and the shares of this company were supported, noting: considering the good potentials of profitability and the positive outlook of the basic items of Fagoster and Fotosa companies in the coming years The aim is to insure the share and guarantee a 20% return for the part of the shares offered, and we believe that this measure, while creating a new potential to support the capital market, will also help diversify financial instruments in the market. It can bring the spirit of hope back to the market.

Farzan added: "Considering the past information of companies and the prices of commodity products in the current global markets, as well as the positive outlook based on stability or even an increase in global lead and zinc prices, the assessment of profitability The future of these companies is very positive and hopeful. He added: "For this reason, we recommend to the shareholders who have bought the shares of Fotosa and Fagoster companies, to keep the share in the long run and to avoid emotional behavior in buying and selling; Because the future awaits a clear path for these two companies.

In the end, the financial and administrative deputy of Zarrin Industrial and Mining Group stated: It is better for the shareholders who do not have the necessary expertise to obtain the necessary information from the capital market consultants who deem themselves competent and to buy with awareness and away from any excitement and feeling.

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