QAZP Terminates Structural-Works Contract for Mohammadieh Pearl Commercial Building Worth 53.4 Billion Tomans
Sahmino Newsroom | 27 October 2026 | 16 days ago
The company traded as QAZP said in an amended Group A disclosure on Codal, published Monday, October 26, 2026 (4 Aban 1405), that it has terminated its contract with Farin Gostar Faham for supplying materials and carrying out structural work on the Morvarid Mohammadieh commercial building in Qazvin. The termination is dated October 21, 2026 (29 Mehr 1405); the contract, No. 404-02-1021 of November 2, 2025 (11 Aban 1404), was worth 534,300 million rials, about 53.4 billion tomans.
The company cited technical considerations, management decisions and protection of the company's and shareholders' interests. QAZP's last price recorded by Sahmino was 2,679 rials (Farabourse base market, data as of October 26). The filing does not state the financial effect of the termination or name a replacement contractor.
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 6.3 percent, to 8,427,304.
Over the same days, Brent Crude fell 19 percent, to 92.00 dollars.
- QAZP
- +11.6%
- US Dollar
- −2.0%
- Tehran Stock Exchange Index
- +6.3%
- Brent Crude
- −19.5%
Prices to the close of 11 November
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