SHZG Discloses Acquisition of Yazd Sofalin Stake
Sahmino Newsroom | 25 October 2026 | 5 days ago
Hormozgan Cement, traded as SHZG, disclosed on Sunday 25 October 2026 that it acquired a 96.69% stake in Yazd Sofalin Factories. The available Codal notice identifies the purchase of shares in another company but does not give the transaction price, its financing method or an effect on Hormozgan Cement's financial statements. The disclosed stake makes this a controlling acquisition, not an announcement of a cement selling-price change.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Since this story was published, SHZG rose 1.7 percent, to 20,170 rial.
Over the same days, US Dollar rose 0.6 percent, to 2,710,600 rial.
Over the same days, Tehran Stock Exchange Index fell 0.6 percent, to 7,967,551.
Over the same days, Brent Crude fell 3.7 percent, to 112 dollars.
- SHZG
- +1.7%
- US Dollar
- +0.6%
- Tehran Stock Exchange Index
- −0.6%
- Brent Crude
- −3.7%
Prices to the close of 30 October
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