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KHVR Wins Auction for Middle East Bank Brokerage and Fund Units

Sahmino Newsroom | 28 October 2026 | 2 days ago

KHVRup181.0%2,810rials28 October

Tavoos Khavarmianeh Investment Bank (ticker KHVR) said in a Group A Codal filing published Tuesday, October 27, 2026 (5 Aban 1405), that it had won an auction for Middle East Bank's brokerage shares and preferred units in two associated mutual funds. The filing records its auction participation on October 13 (21 Mehr) and notification of the outcome on October 18 (26 Mehr).

The assets comprise the bank brokerage stake and preferred units in the brokerage's Ofoq and Ofoq Roshan funds. The buyer said it provided a cash auction deposit and guarantee cheques. Winning an auction is not the same thing as the final transfer of assets or the buyer booking a sale profit; a separate seller disclosure about contract signing was published the previous day.

Reference:CodalThe original report

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