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Presenting Jam Petrochemical Complex in Over-The-Counter (OTC); Next Week/No Ambiguity in the Complex Financial Statements

Presenting Jam Petrochemical Complex in Over-The-Counter (OTC); Next Week/No Ambiguity in the Complex Financial Statements
Mr. Hamooni, managing director of Iran Over-The-Counter (OTC) informed about primary presenting Jam Petrochemical Complex at the next week.

According to Jam Petrochemical Complex public relations from ISNA News Agency, Mr. Amir Hamooni informed about primary presenting Jam Petrochemical Complex at the next week in a conversation with stock exchange reporter of Iran Student News Agency (ISNA). He said: 4.5% of Jam Petrochemical Complex stocks will be presented on the second OTC at the next week.

About delaying cause of Jam primary presenting, he said: the complex financial statements are clear and there is not any ambiguities about them, but market unusual conditions resulted to this delay.

About exact time of presenting Jam Petrochemical Complex shares, OTC managing director said: the exact time of presenting share is not identified and it is agreed that Jam Petrochemical Complex shares are oresented in OTC by coordinating with major shareholder.

According to ISNA, it was identified that 217 million shares of Jam Petrochemical Complex were presented in the OTC second market at Sunday, September 1, 2013 by Jam symbol, which it was delayed because of negative conditions on the stock exchange.

Some of shareholders of the complex with 4,800 billion Rials capital are Oil, Gas and Petrochemical Co with 25.84%; the Country Pension Fund Investment with 24.46%; the Country Pension Fund with 22.86%; Justify Shares with 15% and Iranian Investment Petrochemical Group with 9.2%.

Jam Petrochemical Complex is located at chemical product groups and chemical materials subgroup, except fertilizers. The complex was written in the OTC second market as 80th transactional symbol and 28th company at June 1, 2013.


Sep 9, 2013 14:11
Jam Petrochemical Complex public relations |
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