Brief: Tekfen Holding Says It Starts Efforts To Potential Initial Public Offering Of Subsidiary Toros Tarım

Tekfen Holding

18/10/2024 06:19

Oct 18 (Reuters) - TEKFEN HOLDİNG  TKFEN.IS :
    * SAID ON THURSDAY DECIDES TO APPLY TO CAPITAL MARKETS BOARD
(CMB)
TO AMEND ARTICLES OF ASSOCIATION OF OUR SUBSIDIARY, TOROS TARIM
SANAYI VE TICARET IN LINE WITH  CAPITAL MARKETS LAW AND RELATED
REGULATIONS AS PART OF INITIAL STEPS FOR A POTENTIAL PUBLIC
OFFERING
    * NO BINDING DECISION HAS BEEN MADE REGARDING POTENTIAL
PUBLIC
OFFERING AT THIS STAGE
    * FOLLOWING CMB'S APPROVAL OF THE ARTICLES OF ASSOCIATION
AMENDMENTS, DECISION TO PROCEED WITH THE PUBLIC OFFERING WILL
DEPEND ON VARIOUS FACTORS, INCLUDING MARKET CONDITIONS
    * APPLICATION FOR PUBLIC OFFERING OF TOROS TARIM SANAYI VE
TICARET
WILL BE RECONSIDERED, TAKING INTO ACCOUNT ALL CONDITIONS AT THE
RELEVANT TIME

        
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