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oda_MaterialEventDisclosureGeneralAbstract|
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Hayır (No)
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-
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Hayır (No)
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Company executives were authorized by the Company to initiate negotiations with Yıldız Holding A.Ş. and Gözde Girişim Sermayesi Yatırım Ortaklığı A.Ş. to buy the shares of Kümaş Manyezit Sanayi A.Ş., market leader of Turkey's refractory industry.
It is planned to submit a binding offer by our Company after the due diligence regarding financial, legal and operational processes of Kümaş Manyezit Sanayi A.Ş. which has been operating in Kütahya since 1972 and joined Yıldız Holding A.Ş. in 2012.
Developments regarding these works and negotiations will be announced to our investors via the Public Disclosure Platform in accordance with the Communique on Material Events Disclosure numbered II-15.1.
In contradiction between the Turkish and English versions of this public disclosure, the Turkish version 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.