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:
“I incline to think that the people will not now sustain the policy of upholding a State Government against a rival government, by the use of the forces of the United States. If this leads to the overthrow of the de jure government in a State, the de facto government must be recognized.”
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“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.”
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