The State Trading Organization (MSE:STO ) or STO is a public company with 92.29% of the shares owned by the Maldivian Government with the rest 7.71% being held by the public after the IPO a couple of years ago. It is operated directly under the Ministry of Trade and Industries, and is controlled by a board of directors headed by a Chairman.
Read more about State Trading Organization: History, Outlets, Services, Subsidiaries
Famous quotes containing the words state, trading and/or organization:
“It is said that he once had a sore toe that so annoyed him that he went to the woodpile and chopped it off with an axe, quoting the Scripture, ‘If thy foot offend thee, cut it off.’”
—For the State of Rhode Island, U.S. public relief program (1935-1943)
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)
“The newly-formed clothing unions are ready to welcome her; but woman shrinks back from organization, Heaven knows why! It is perhaps because in organization one find the truest freedom, and woman has been a slave too long to know what freedom means.”
—Katharine Pearson Woods (1853–1923)