SPK Approves Free Capital Increases for Four Companies; Allows 8 Companies to Issue 10.67 Billion TL Debt and 7 Billion TL Lease Certificates

The Turkish Capital Markets Board (SPK) approved free capital increases for Mega Metal, Kordsa, Hareket Proje, and İnfo Yatırım, and authorized eight companies to issue 10.67 billion TL in debt instruments and 7 billion TL in lease certificates.

SPK Approves Free Capital Increases for Four Companies; Allows 8 Companies to Issue 10.67 Billion TL Debt and 7 Billion TL Lease Certificates

Free Capital Increases The SPK approved free capital increases for Mega Metal Sanayi ve Ticaret AŞ, Kordsa Teknik Tekstil AŞ, Hareket Proje Taşımacılığı ve Yük Mühendisliği AŞ, and İnfo Yatırım Menkul Değerler AŞ.
After the increases, the companies’ capital structures are as follows: Mega Metal: Capital rose from 265 million TL to 2 544 million TL (increase of 2 279 million TL).
Kordsa: Capital rose from 194 529 766 TL to 3 695 860 271.57 TL (increase of 3 501 331 195.57 TL).
Hareket Proje: Capital rose from 115.2 million TL to 1 612.8 million TL (increase of 1 497.6 million TL).
İnfo Yatırım: Capital rose from 960.336 million TL to 1 920.672 million TL (100% increase).
Debt Instrument Issuance The SPK approved a 10.67 billion TL ceiling for the issuance of debt instruments such as bonds and financing notes by eight companies.
The allocation is as follows: Şeker Faktoring – 1.5 billion TL Kapital Gayrimenkul Yatırımı Geliştirme ve İşletmecilik – 500 million TL Doğru Varlık Yönetim – 250 million TL Ahlatcı Yatırım – 1 billion TL ING Finansal Kiralama – 1 billion TL Eko Faktoring – 75 million TL MNG Faktoring – 340 million TL Lease Certificate Issuance The SPK approved the issuance of two lease certificates totaling 7 billion TL: KT Sukuk Varlık Kiralama AŞ – 5 billion TL (founder: Kuveyt Türk Katılım Bankası; fund user: Tümosan Motor ve Traktör Sanayi) DK Yıldız Varlık Kiralama AŞ – 2 billion TL (founder:
Dünya Katılım Bankası; fund user: Reis Makina Ticaret ve Sanayi AŞ) Other Important Decisions The SPK granted permission for new fund establishments and public offerings, including the Osmanlı Portföy BIST 30 Kaldıraçlı 2X Endeksi Hisse Senedi Yoğun (TL) Borsa Yatırım Fonu, Kuveyt Türk Portföy Yönetimi AŞ İkinci Karma Girişim Sermayesi Yatırım Fonu, and ANATOLIA Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi AŞ Onuncu Girişim Sermayesi Yatırım Fonu.
A mandatory share buy‑back offer for Peker Gayrimenkul Yatırım Ortaklığı was also approved.
Tera Yatırım Holding acquired 314 754 719.80 TL nominal value of its A‑class preferred shares at a price of 18.77 TL per nominal share.
Retirement fund mergers and conversions were finalized, including the merger of QNB Sağlık Hayat Sigorta ve Emeklilik’s funds and the completion of adjustments for the Balanced Variable Group Pension Investment Fund, Debt Instruments Group Pension Investment Fund, Money Market Pension Investment Fund, and OKS Atak Variable Pension Investment Fund.

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