Wholesaler of package tours, operator of outbound tours, hotel reservations, insurance and visa services
Holder of educational and specialized courses, holder of seminars and workshops and related affairs
Wholesaler of e-tourism service, designing portals and softwares, offering specialized softwares and online services
Wholesaler of tourism services, operator of tours in Iran, hotel reservations and insurance
Offering Chartered Services for planes and trains, the agency of airline and railroad companies
Constructing, Equipping, Exploiting, and Managing of hotels and residential centers observing the international and Marcopolo standards
Founding, and exploiting the villages and exemplar tourism regions, founding and exploiting the en route complexes, exploiting historical and cultural regions
About Holding
A Holding Company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only purpose is owning shares of other companies. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies. It is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; also called parent company.
A holding company can reap the benefits of a subsidiary's goodwill and reputation while limiting its liability to the proportion of the subsidiary's stock that it owns. Sometimes a company intends to be a pure holding company and identifies itself as such by being authorized to just control one or more companies but if it involves itself in business and other related activities, it is referred to as an operating holding company.
Classification of Holding Companies
Pure Holding Company
Having the right to vote among the subsidiaries
Obtaining the stock interest via owning the common stock of the subsidiaries
Controlling the revenue obtained from investing in stock market
General/Operating Holding Company
Gaining revenue through selling the products and
services and obtaining the resultant income via stock and investment
Pyramid Holding Company
Having enjoyed a part of subsidiaries’ voting right and
partially controlling them
Public Utility Holding Company
Forming in such public & governmental sectors as water and telecommunication
Investing Holding Company
Investing in the plans and projects just by holding company
No controlling or managing is by the holding company
Managing Holding Company
Investing as well as managing and process-controlling in the subsidiaries
The East India Company (the first holding company) was an early English joint-stock company that was formed initially for pursuing trade with the East Indies, but that ended up trading mainly with the Indian subcontinent and China. The oldest among several similarly formed European East India Companies was granted by Elizabeth I on 31 December 1600.
Managing Director's Word
From the early times, traveling has been the focus of man’s attention. In the past, the main purpose of long-time trips was limited to pilgrimage and trading and after that, in some societies, they meant nothing but a luxury; however, nowadays, pacing with the development in tourism and transport industry and also the increase in people’s income etc, tourism has become an integral part of their life. Continue
The Perspective of Company
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