Brief: Is Bankasi Says Its Partial Demerger Application Has Been Rescinded Due To Lack Of Time Until Legal Period

Turkiye Is Bankasi

19/08/2024 07:14

Aug 19 (Reuters) - TÜRKİYE İŞ BANKASI  ISCTR.IS :
    * SAID ON FRIDAY IT IS NO LONGER POSSIBLE TO FINALIZE THE
PARTIAL
FACILITATED DEMERGER THROUGH ASSOCIATE MODEL WITHIN LEGAL PERIOD
UP UNTIL 31 AUGUST
    * THE RESCINDMENT IS DUE TO THE FACT THAT THE DATE OF
FINANCIAL
STATEMENTS WHICH THE APPLICATION TO BE BASED ON REQUIRED TO BE
UPDATED
    * THESE SUBSIDIARIES AND ASSOCIATES ARE SISECAM, TSKB, TSKB
GAYRIMENKUL YATIRIM ORTAKLIGI, IS YATIRIM MENKUL DEGERLER, IS
GAYRIMENKUL YATIRIM ORTAKLIGI, ANADOLU HAYAT EMEKLILIK, IS
FINANSAL KIRALAMA, ANADOLU SIGORTA, IS YATIRIM ORTAKLIGI, IS
GIRISIM SERMAYESI YATIRIM ORTAKLIGI

        
 Source text for Workspace:  urn:newsml:reuters.com:*:nIKA30v1X9
 Further company coverage:  ISCTR.IS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))