The plan, kicked off last year, sent symbols of some AQR companies to the Iran Fara Bourse Securities Exchange (IFB), in order to make the necessary preparations to offer their shares.
To that end, a meeting was held in the presence of Amir Hamouni, CEO of IFB, Malek Rahmati, the director of AQR Endowment Productivity Foundation, as well as CEOs of a number of companies, wherein the latest measures taken in this regard were reviewed.
In the meeting, Dr. Rahmati stressed the importance of accelerating the process of necessary measures in this area, saying: “In the long-term and strategic view, obtaining capital market acceptance is necessary for the economic life of companies and this must be pursued in the near future. Using all available capacities to enter the companies is one of the priorities of this foundation.”
“The entry of companies and institutions into the capital market will bring benefits such as creating public profits, greater transparency, as well as providing financial resources through modern means,” he noted.
Elsewhere in his speech, Rahmati pointed to the importance of implementing the policies of the resistance economy and pointed out that one of the requirements in this area is managing liquidity and directing it to production and industry, which is provided in the capital market.
“Agriculture is one of the sectors that has grown significantly in recent years with the entry into the capital market and this shows that if the market is properly managed, effective steps can be taken to support production,” he commented.
Amir Rajabi, the deputy of Endowment Productivity Foundation, also reiterated that according to the plan, a number of companies affiliated with the foundation will enter the capital market this year.
“At present, some companies such as Saman Daroo 8 Pharmaceutical Company, Khorasan Khosravi Spinning and Textile Co., Razavi Agriculture, Torbat Heydariyeh Sugar Company, Razavi Food Industries and Quds Razavi Industrial Animal Husbandry Institute are ready to enter the capital market, whose shares will be offered to the public after final review and IFB’s approval,” he remarked.