ADFIAP welcomes new member

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ADFIAP approved the membership application of Behshahr Industrial Group Investment Company (BIGIC). BIGIC, whose membership was endorsed by ADFIAP’s Iranian member, Bank of Industry and Mine, was established in July 4, 1996 as a private joint stock company. In 2003, it was accepted and registered with the Tehran Stock Exchange (TSE) as a public joint stock company. BIGIC’s main activities include investing in shares, investment units, or other securities of companies, institutions and investment funds; investing in any other kind of securities; investing in metals, certificate of deposits and banks and financial institution’s deposits; investing in other assets including physical assets, manufacturing and real state projects; and providing services related to stock exchange market, including accepting positions in investment funds, financing securities market making, etc. BIGIC’s Chairman and Chief Executive Officer are Mr. Mohsen Bazarnoei and Mr. Sajjad Sayyah, respectively.

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