CMB approved the public offering of 2 companies

The Capital Markets Board (CMB) approved the public offering applications of Quick Sigorta AŞ and Bewen Enerji AŞ. According to the CMB weekly bulletin, the Board approved the public offering of shares with a nominal value of 48 million 312 thousand 950 liras at a fixed price of 76.60 liras, within the scope of increasing the capital of Quick Sigorta AŞ from 433 million 300 thousand liras to 481 million 612 thousand 950 liras through a paid capital increase. The Board approved Bewen Enerji AŞ's public offering application, which includes a capital increase of 56 million lira within the scope of increasing its capital from 261 million lira to 317 million lira and the sale of shares with a nominal value of 24 million lira belonging to the existing partners.

The company's shares will be offered to investors at a fixed price of 48.10 lira. CMB also found it appropriate to increase the capital of Yeo Teknoloji Enerji ve Endüstri AŞ in the amount of 266 million 367 thousand 619.6 liras from internal sources and 208 million 632 thousand 380.4 liras from dividends within the scope of the free capital increase. The Board also approved Vakıf Gayrimenkul Yatırım Ortaklığı AŞ's application for a free capital increase of 950 million lira and Tarım Kredi Yatırım Ortaklığı AŞ's application for a free capital increase of 150 million lira.

The Board also approved the applications for a debt instrument issuance ceiling of 2 billion liras by Reysaş Gayrimenkul Yatırım Ortaklığı AŞ, 400 million liras by Invest-AZ Yatırım Menkul Değerler AŞ, 4 billion liras by D Yatırım Bankası AŞ, 2 billion liras by Derlüks Yatırım Holding AŞ and 4 billion liras by TEB Finansman AŞ. Ecogreen Enerji Holding AŞ was allowed to issue foreign debt instruments worth USD 300 million. According to the bulletin, Şekerbank TAŞ's asset-backed securities issuance of 250 million dollars, KT Sukuk Varlık Kiralama AŞ's 5 billion lira, Halk Varlık Kiralama AŞ's 3 billion lira, Tera Varlık Kiralama AŞ's 12 billion lira and GY Varlık Kiralama AŞ's 3 billion lira lease certificate issuance ceiling applications were also approved.

CMB positively welcomed the request to allow the establishment of Osmanlı Portföy Altın Katılım Exchange Investment Fund and to approve the prospectus for the public offering of participation shares. In addition, Önder Independent Audit and Consultancy Inc. was included in the list of "Organizations Authorized to Valuate Assets Other than Real Estate". Within the scope of the investigation carried out against Casa Emtia Petrol Kimyevi ve Derivleri Sanayi ve Ticaret AŞ, the Board decided to file a criminal complaint against those responsible for various acts related to reducing the company's assets, preparing unrealistic financial statements and preparing misleading valuation reports. Last Minute Economy News - Capital Markets Board (CMB), Quick Sigorta AŞ and Bewen Enerji AŞ.