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:
“In the years of the Roman Republic, before the Christian era, Roman education was meant to produce those character traits that would make the ideal family man. Children were taught primarily to be good to their families. To revere gods, one’s parents, and the laws of the state were the primary lessons for Roman boys. Cicero described the goal of their child rearing as “self- control, combined with dutiful affection to parents, and kindliness to kindred.””
—C. John Sommerville (20th century)
“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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—John Kenneth Galbraith (b. 1908)