HEPS - D-MARKET Electronic Services & Trading
HEPS is a company, not a closed-end fund. We still track it - notices about it are below - but most of this site is about funds.
Is anyone targeting this fund?
Yes - one large investor is pushing for changes at this company.
- Joint Stock Company Kaspi.kz owns 93.5% and has said it may push for changes. Since Sept 10, 2026.
What this means for you
Joint Stock Company Kaspi.kz has told the regulator it may push for changes at this company. That usually means asking for a seat on the board, a sale of the company, or a change in how it is run.
Nothing is required of you now.
Large investors can also sell down and walk away. We show every notice they file, the day it is filed.
What happened, and when
-
Sept 15, 2026
Joint Stock Company Kaspi.kz raised its stake to 93.5% (from 89%). It has said it may push for changes.
Original document → -
Sept 10, 2026
Joint Stock Company Kaspi.kz now owns 89%. It has said it may push for changes.
Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Sept 15, 2026 | Joint Stock Company Kaspi.kz | 93.5% | Updated notice |
| Sept 10, 2026 | Joint Stock Company Kaspi.kz | 89% | Updated notice |
No announcements from the fund on file.
- Run by
- not filed yet
- Fund family
- not filed yet
- Exchange
- Nasdaq
Email me when something new is filed for HEPS
Free. One email per notice or announcement, usually within a day. No password.