News ID: 4210
Date: Saturday 26 July 2025 - 20:24

Petrofarhang is ready to sell shares in Kian Petrochemical

Petrofarhang is ready to sell shares in Kian Petrochemical
With the aim of improving the composition of its investment portfolio, Petrofarhang Company has issued a call to identify applicants for the purchase of shares of Kian Petrochemical and invited investors to express their readiness to participate in the auction.

According to Energy Press, Petrofarhang (public joint stock company) announced its intention to sell all of its shares in Kian Petrochemical Company (private joint stock company) in order to improve the composition of its investment portfolio.
This share is equivalent to 40 percent of the total shares of Kian Petrochemical Company and is to be offered in one go and in accordance with legal regulations.
Accordingly, Petrofarhang has invited potential buyers and applicants to participate in the auction to contact the Finance and Procurement Department of Petrofarhang Holding within 15 days of the publication of this announcement in order to express their readiness and receive more information.

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