The Capital Markets Board of Türkiye (SPK) has approved the initial public offering (IPO) application of Net Global Endüstriyel Yatırımlar A.Ş.
According to the SPK’s weekly bulletin, the company’s IPO application was approved at a price of TL 25.52 per share.
Capital Increases Approved
The SPK also approved capital increases for two companies. Onur Yüksek Teknoloji A.Ş. received approval for a TL 188.49 million capital increase, while MHR Gayrimenkul Yatırım Ortaklığı A.Ş. was approved for a TL 620.25 million capital increase.
Bond and Financing Bill Issuances
The regulator also approved applications for bond and financing bill issuances by several companies.
These include:
- Gelecek Varlık Yönetimi A.Ş.: TL 15 billion
- Çelik Motor Ticaret A.Ş.: TL 4.5 billion
- Garanti Finansal Kiralama A.Ş.: $300 million
- Coca-Cola İçecek A.Ş.: $1 billion
- Destek Yatırım Menkul Değerler A.Ş.: $40 million, or the equivalent amount in euros or British pounds
New Fund Establishments
The SPK also authorized the establishment of several new investment funds, including the Büyükdemir Portföy Yönetimi A.Ş. Variable Umbrella Fund, Emlak Katılım Portföy Yönetimi A.Ş. Venture Capital Umbrella Fund, and Tuna Portföy Yönetimi A.Ş. Fund of Funds Umbrella Fund.
In addition, the board approved DK Portföy Yönetimi A.Ş.’s application for an operating license, as well as authorization certificates for portfolio management and investment advisory services.
Source: Patronlar Dünyası/ Prepared by: İlayda Gök