Transparency achieved in Sabalan Petrochemical

Announcing the news that Sabalan Petrochemical Industries Company has had its symbol listed on the Second Market of Iran Fara Bourse and is on the verge of an Initial Public Offering (IPO), Ali Sadeghi, CEO of the Teachers’ Reserve Fund Institute, said: “This measure has been taken in line with improving transparency and organizing companies.” The CEO of the institute added: “This is the first time that one of the subsidiaries of Sepehr Energy and Petrofarhang holdings succeeds in being admitted to the Iran Fara Bourse.” “I congratulate the dear teachers on this great event.” Sadeghi stated: “The entry of Sabalan Petrochemical into the Fara Bourse is considered a significant step in the path of utilizing the capacities of the capital market, enhancing financial transparency, increasing corporate discipline, and strengthening the position of this company as one of the subsidiaries of Sepehr Energy Holding in the country’s petrochemical industry.”