CMB Approves Capital Increases for 10 Companies This Week

image

CMB Approves Capital Increases for 10 Companies This Week

The Capital Markets Board (CMB) has approved the capital increase requests of 10 companies listed on BIST in its latest weekly bulletin. The companies that received approval include Sasa Polyester (SASA), Oyak Çimento (OYAKC), Europen Endüstri (EUREN), Alkim Kağıt (ALKA), Alkim Alkali Kimya (ALKIM), Körfez GYO (KRGYO), Martı GYO (MRGYO), Peker GYO (PEKGY), Sinpaş Gayrimenkul Yatırım Ortaklığı (SNGYO), and CW Enerji (CWENE).

Sasa Polyester Sanayi A.Ş. Sasa Polyester has received approval from the CMB to increase its current capital from 43,280,112,944.80 TL to 43,815,615,360.80 TL. In this context, a paid capital increase will be carried out, and new shares valued at 535,502,416 TL will be issued specifically to Erdemoğlu Holding A.Ş. The conversion of the company’s convertible bonds (PDT) into shares will result in a 1.24% capital increase.

Oyak Çimento Fabrikaları A.Ş. Oyak Çimento has obtained CMB approval to raise its current capital from 1,246,578,406 TL to 4,861,655,783 TL. This increase will involve a 290% bonus capital increase. The 3,615,077,377 TL sourced from internal resources is seen as a strategic move to strengthen the company's capital structure.

Europen Endüstri İnşaat Sanayi ve Ticaret A.Ş. Europen Endüstri has received approval from the CMB to raise its capital from 760,000,000 TL to 2,100,000,000 TL. The company will finance the 176.32% bonus capital increase from internal resources.

Alkim Kağıt Sanayi ve Ticaret A.Ş. Alkim Kağıt has received approval from the CMB to increase its current capital from 183,750,000 TL to 735,000,000 TL. This capital increase of 300.68% will be financed entirely from internal resources, significantly expanding the company's capital structure by 551,250,000 TL.

Alkim Alkali Kimya A.Ş. Alkim Alkali Kimya has obtained CMB approval to raise its capital from 150,000,000 TL to 300,000,000 TL. The bonus capital increase of 150,000,000 TL from internal resources will provide a 100% increase to the company.

Körfez Gayrimenkul Yatırım Ortaklığı A.Ş. Körfez GYO has received approval from the CMB to increase its current capital from 66,000,000 TL to 330,000,000 TL. A 400% increase will be achieved through a bonus capital increase that will be fully financed with 264,000,000 TL from internal resources.

Martı Gayrimenkul Yatırım Ortaklığı A.Ş. Martı GYO has received the CMB's permission to increase its capital from 376,200,000 TL to 1,090,980,000 TL. A capital increase of 190% will be achieved with 714,780,000 TL sourced from internal resources, aiming to add value for Martı GYO’s investors.

Peker Gayrimenkul Yatırım Ortaklığı A.Ş. Peker GYO will raise its capital from 669,833,746.99 TL to 2,500,000,000 TL. The company will implement a capital increase of 273.18% financed by 1,830,166,253.01 TL from internal resources.

Sinpaş Gayrimenkul Yatırım Ortaklığı A.Ş. Sinpaş GYO has received approval from the CMB to increase its capital from 1,500,000,000 TL to 4,000,000,000 TL. A 166.67% increase will be provided through a bonus capital increase, with 2,500,000,000 TL sourced from internal resources.

CW Enerji Mühendislik Ticaret ve Sanayi A.Ş. CW Enerji has obtained CMB approval to raise its capital from 123,750,000 TL to 1,000,000,000 TL. The company will grow by 707.88% with 876,250,000 TL sourced from internal resources.