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IRANIAN GOVT CONTINUES WITH PRIVATISATION POLICY.

Asia Africa Intelligence Wire

| November 23, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

TEHRAN, Nov 23 Asia Pulse - The director general of Iran Privatization Organization said on Sunday shares of 10 state-owned companies will be ceded to the private sector by mid-December.

Mirali Ashraf Pouri-Hosseini added some companies` shares, which were not purchased by the public in late September, October and mid November, will be also sold in Tehran's Stock Exchange (TSE).

"There is a lot of work to be implemented in the Privatization Organization," he said.

He added that, with the approval of the cabinet, a high number of governmental companies were ceded to the private sector.

Pouri-Hosseini rejected …

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