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It has been decided in the Extraordinary General Meeting of our subsidiary AND Kartal Gayrimenkul Yatırımları A.Ş. dated 15.06.2021 that its capital will be increased by TL 18,458,940 from TL 106,278,000 to TL 124,736,940. Simultaneously, its capital was decreased by TL 117,736,940 (the amount of accumulated losses) to TL 7,000,000. Our subsidiary will use some portion of the proceeds coming from the capital increase to repay the debt to our Holding that is around TL 11.5 mn. |
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.