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Hayır (No)
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Hayır (No)
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In the last quarter of 2024, our Company, Grainturk Holding Inc., transitioned into a holding structure by changing its principal field of activity. Grainturk Holding now operates in sectors considered to have high added value, strategic importance, and potential for stable and balanced growth. Grainturk Group is primarily active in and/or invests in the fields of food, energy production, licensed warehousing, real estate, defense, and cybersecurity.
Grainturk Group continues to evaluate potential strategic partnerships and investment opportunities in the sectors in which it currently operates or plans to operate.
In this context, negotiations have been initiated with a foreign institutional investor regarding a potential investment in our wholly owned subsidiary, Özova Tarım Inc., for which an application has been submitted to the Capital Markets Board (CMB) for the approval of the prospectus prepared for its initial public offering. The potential investment may be made via capital increase, share transfer, or other financial instruments.
Within the scope of these negotiations, preliminary discussions have started with the foreign institutional investor regarding an investment to be made in Özova Tarım Inc. based on a Company valuation of 260 million US dollars.
Should this investment be realized, Özova Tarım Inc. will secure a significant financial resource, which is expected to contribute positively to its commercial operations.
Necessary disclosures regarding the developments in the process of these negotiations between our wholly owned subsidiary Özova Tarım Inc. and the foreign institutional investor will be made to the public in accordance with Article 23, paragraph 7 of the Capital Markets Board's Material Events Communiqué (II-15.1).
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