QAZP Terminates Shell Construction Contract for Mohammadieh Commercial Project
Sahmino Newsroom | 21 October 2026 | 22 days ago
The company behind ticker QAZP said in a group-A Codal disclosure that it terminated its contract to supply materials and execute shell works for the Morvario commercial building in Mohammadieh, Qazvin, on Wednesday, October 21, 2026. The contractor, Farin Gostar Faham, had requested termination, and QAZP's board agreed under the contract's terms. The stated contract amount is 534,300 million rials; the notice gives no figure for payments already made or the eventual cost of termination.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, QAZP rose 12 percent, to 2,989 rial.
Over the same days, US Dollar fell 2.0 percent, to 2,640,700 rial.
Over the same days, Tehran Stock Exchange Index rose 3.1 percent, to 8,427,304.
Over the same days, Brent Crude fell 16 percent, to 92.00 dollars.
- QAZP
- +11.6%
- US Dollar
- −2.0%
- Tehran Stock Exchange Index
- +3.1%
- Brent Crude
- −16.1%
Prices to the close of 11 November
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