AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
(From Asia Pulse)
TEHRAN, Dec 23 Asia Pulse - The head of the Iran Insurance Company said here Tuesday that ceding of the shares of the state-owned insurance companies, including `Asia`, `Dana` and `Alborz`, will begin in the next Iranian year (starting March 20).
Abdol Nasser Hemmati told IRNA that with the recent Expediency Council`s (EC) Directive authorizing transfer of maximum 65 per cent of states-owned shares to the private sector, the government will keep its 35 per cent shares in insurance companies "so that it could have a voice in the future corporate-related decisions, including operations and board and shareholder assembly meetings." Any changes …