Related Companies
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Related Funds
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English
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oda_NoncurrentFinancialAssetAcquisitionAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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-
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_BoardDecisionDateForAcquisition|
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25/08/2025
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForAcquisition|
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Yes.
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oda_TitleOfNoncurrentFinancialAssetAcquired|
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SASA Rafineri A.Ş.
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oda_FieldOfActivityNoncurrentFinancialAssetWhoseSharesWereAcquired|
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To undertake the operations of the planned Refinery and Petrochemical Facility investment in Yumurtalık, as well as the logistics, infrastructure, and ancillary production facilities within the scope of this investment
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oda_CapitalOfNoncurrentFinancialAsset|
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100,000,000 -TL
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oda_AcquirementWay|
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Kuruluşta Edinim (Establishment)
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oda_DateOnWhichTheTransactionWasWillBeCompleted|
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-
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oda_AcquisitionConditions|
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Peşin (Cash)
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oda_DetailedConditionsIfItIsATimedPayment|
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-
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oda_NominalValueOfSharesAcquired|
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100,000,000 -TL
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oda_PurchasePricePerShare|
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1-TL
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oda_TotalPurchasingValue|
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100,000,000 -TL
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oda_RatioOfNewSharesAcquiredToCapitalOfNoncurrentFinancialAsset|
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% 100
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oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterTransaction|
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% 100
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oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterTransaction|
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% 100
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oda_RatioOfNoncurrentFinancialAssetAcquiredToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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% 0,04
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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% 0,22
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oda_EffectsOnCompanyOperations|
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Positive
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oda_DidTakeoverBidObligationArised|
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Hayır (No)
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oda_WillExemptionApplicationBeMadeIfTakeoverBidObligationArised|
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Hayır (No)
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oda_TitleNameSurnameOfCounterParty|
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Establishing a New Company
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Hayır (No)
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oda_RelationWithCounterPartyIfAny|
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-
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oda_AgreementSigningDateIfExists|
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oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
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-
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oda_DidValuationReportBePrepared|
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Düzenlenmedi (Not Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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Establishing a New Company
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oda_DateAndNumberOfValuationReport|
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-
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oda_TitleOfValuationCompanyPreparedReport|
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-
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oda_ValueDeterminedInValuationReportIfExists|
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-
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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-
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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Our Board of Directors has resolved to establish SASA RAFINERI A.Ş., with a capital of TRY 100 million, wholly owned by Sasa Polyester Sanayi A.Ş., to undertake the operations of the planned Refinery and Petrochemical Facility investment in Adana/Yumurtalık —including the area designated as a Private Industrial Zone by the Presidential Decree published in the Official Gazette dated 16 August 2025 —as well as the logistics, infrastructure, and ancillary production facilities within the scope of this investment.
In the event of any discrepancy between the Turkish and English versions of this disclosure statement, the original Turkish version shall prevail. SASA disclaims all warranties and makes no representations about the accuracy or completeness of the English translation and assumes no liability for any errors, omissions or inaccuracies that may arise from use of this translation.
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