According to Mapna Group official website (https://www.mapnagroup.com/en/relations/stock-market), Mapna Group is owned by sanctioned entities, controlled by Iranian Regime. Listed shareholders of Mapna Group are:
1. Saba Power and Water Industries Investment Company (47.56%)
2. Provincial Investment Companies (25.5)
3. Mapna Employees Investment Company (10.93%)
4. Private & Legal Entity shareholder (9.27%)
5. Bank Pasargad Co. (5.55%)
6. Saba Capital Management and Development Company (1.11%)
Bank Pasargad is designated by OFAC for being controlled by Iran Regime. Saba Power and Water Industries Investment Company is owned and controlled by Mahab Ghodss Consulting Engineering Company, entity designated for being owned or controlled by the government of Iran.
Mapna Group – Shareholders
Source » presstv