Brief: Petkim says decided to authorize management to buy 12-14 pct of Rafineri Holding

Petkim Petrokimya Holding

19/08/2015 16:12

Aug 19 (Reuters) - Petkim  PETKM.IS : 
    * Says decided to authorize management of our company to 
commence negotiations to purchase around 12-14 percent shares in 
Rafineri Holding from SOCAR Turkey Enerji 
    * To have between 7-9 percent indirect shareholding in of 
Star Rafineri, one of group companies 
    * Currently; Rafineri Holding is wholly owned by SOCAR 
Turkey Enerji A.S. and Rafineri Holding has 59.99 percent shares 
of SOCAR Turkey Yatrm 
    * SOCAR Turkey Yatrm wholly owns STAR Rafineri which is 
constructing STAR Refinery  
 
Source text for Eikon:  ID:nIKASDch5a  
     
Further company coverage:  PETKM.IS  
 
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