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English
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oda_MaterialEventDisclosureGeneralAbstract|
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Evet (Yes)
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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06.03.2015 - 28.12.2022
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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The Company and the group subsidiary Poliport Kimya San. Ve Tic. Inc. ("Poliport") have signed a Preliminary Sales, Land Share and Revenue Sharing Contract with DOP Yapı Mimarlık İnşaat Gıda Turizm Hizmetleri San. ve Tic. Ltd. Sti. and DAP Yapı İnşaat San. Ve Tic. Inc. (together with "DAP Joint Venture"), which has cancelled the previous contract dated 05.03.2015. The Company, Poliport, and the DAP Joint Venture will develop the Pendik Project on Poliport's Pendik District Yayalar Zone 10724 Island 2nd Plot, 10723 Island 3rd Plot, and 10723 Island 4th plot; and on Poliport and the Company's jointly-owned Seyhli District Örenler Zone 10722 Island 2nd Plot. With this new contract the parties are contracted to share the total project revenue with a 26.5% Poliport and 73.5% DAP Joint Venture split.
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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.