Share Affairs Management

The office of stock management and assemblies of the specialized company for the management of construction and supply of water and electricity products (Satkab) is responsible for exercising the ownership rights in the subsidiary companies and plays a role in the management of the affairs of these companies through the participation in the members of capitalized companies in proportion to the amount of shares.

The main activities of this office are:

- Introducing the representative and attending the meetings of the general meetings of investing companies and actively participating in the development policy, deepening the internal construction, increasing the capital and using the resources properly and making their basic decisions.

- Receiving performance reports of subsidiary companies and reviewing and analyzing them and providing suggested solutions to solve problems and improve performance.

- Receiving periodic reports from the development plans and investments of the subsidiary companies and adapting to the progress plans of these plans and cooperating to remove obstacles and limitations.

- Necessary measures to introduce Satkab representatives in the board of directors and obtain periodical and case reports to evaluate their activities.

- Carrying out the necessary measures to establish a new company in order to participate in the investments of development projects approved by Satkab

- Monitoring effective mechanisms to obtain reasonable assurance of the success of corporate governance principles

- Follow-up on the legal formalities of companies undergoing liquidation and liquidation