[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
[RALYH]
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English
oda_MaterialEventDisclosureGeneralAbstract|
Material Event Disclosure General
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Update Notification Flag
Hayır (No)
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Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
13.03.2024
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Postponed Notification Flag
Hayır (No)
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Announcement Content
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Explanations
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In accordance with the decision of our Company's Board of Directors dated 13.03.2024, it has been unanimously decided to invest in the defense industry technologies and cybersecurity fields; thus, a new company with a capital of 50 million TL will be established, with our company Grainturk Tarım A.Ş. being a 50% partner, and our reliable business partner in renewable energy and real estate investment projects, Ral Yatırım Holding A.Ş., being a 50% partner. The activities of the newly established Company will be located on a 76-acre land owned by Özova Hububat Tarım Ürünleri Ticaret Ltd. Şti., a subsidiary of Grainturk Tarım A.Ş., in Kırıkhan Organized Industrial Zone in Hatay province. The said land, being close to the area declared as Hatay Kırıkhan Roketsan Industrial Zone by the Presidential decree dated 12.03.2024 pursuant to the third article of the Industrial Zones Law, presents significant potential for the sector in which we invest.

In this regard, necessary procedures for the establishment of the company have been initiated. Significant developments regarding the establishment of the company will be disclosed to the public in accordance with relevant regulations.

In case of any difference between this explanation and the Turkish explanation, the Turkish explanation shall prevail.