TEHRAN, Iran, May.17
Trend:
Iran's refinery industry is a big part of the capital market, said the head of the Securities and Exchange Organization.
An important part of the capital market relates to the refinery industry and companies in this field, said Dehghan Dehnavi, Trend reports citing TASNIM.
"The capital market opportunities should be used to provide finance for projects in this industry and attract investment and improve the activities. It should be considered that interests of 57 million shareholders in various capital market companies rely on this market and major part of Justice Shareowners that include 50 million people are owning shares of big refinery companies," he noted.
Dehnavi went on to add that the Securities and Exchange Organization is a supporter of share holders' interest while associations, unions, and managers of industries have an important role to cooperate over issues and form resolutions.
"By providing permit to refinery companies to establish financing companies, it would be expected that $30 billion capital would be provided to improve targets in the refinery industry. Securities and Exchange Organization would help to provide the necessary capital to the industry by using all tools," he stressed.