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The 2nd session of İstanbul Bakırköy Florya Revenue Sharing Model Project in Return for Land Sale Tender has been held on 12.04.2018. The highest bid; Estimated Total Sales Revenue (ETSR): TRY 2.250.000.000 Company's Share in Total Revenue (CSTR) : TRY 832.500.000 Company Revenue Share Ratio (CRSR): 37% has been given by ÖZ ER-KA İNŞ. TUR. ELEKT. TAAH. TİC. VE SAN. A.Ş. The bids are in the process of the evaluation. In the project, approximately 71.43 % of the "Company's Share in Total Revenue" to be received from the project will belong to our company and approximately 28.57 % will belong to Galatasaray Spor Kulübü Derneği.
The bidders and relevant proposals are listed on the attachment. The Base Value of the subject land at the time of tender is 383.554.450-TL. In accordance with the Turkish capital markets regulations, in case of any discrepency between the Turkish and English versions of disclosures, the Turkish language version which is published on the Public Disclosure Platform (Kamuyu Aydınlatma Platformu) shall prevail.
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We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.