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Related Companies
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Related Funds
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English
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oda_NoncurrentFinancialAssetSaleAbstract|
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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_BoardDecisionDateForSale|
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22/06/2021
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
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Yes
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oda_TitleOfNoncurrentFinancialAssetSold|
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Florya Gayrimenkul Yatırım İnşaat Turizm Sanayi ve Ticaret A.Ş.
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oda_FieldOfActivityNoncurrentFinancialAssetSold|
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Real estate investments
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oda_CapitalOfNoncurrentFinancialAssetSold|
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TRY120,500,000
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oda_DateOnWhichRheTransactionWasWillBeCompleted|
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It will be completed after the approval of the Competition Board.
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oda_SalesConditions|
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Peşin (Cash)
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oda_NominalValueOfSharesSold|
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TRY60,250,000
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oda_SalesPricePerShare|
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TRY3.65
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oda_TotalSalesValue|
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USD25,250,000/ Appr. TRY 220 million (Tekfen share)
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oda_RatioOfSharesSoldToCapitalOfNoncurrentFinancialAsset|
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50
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oda_TotalRatioOfSharesOwnedInCapitalOfNoncurrentFinancialAssetAfterSalesTransaction|
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0
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oda_TotalVotingRightRatioOwnedInNoncurrentFinancialAssetAfterSalesTransaction|
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0
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oda_RatioOfNoncurrentFinancialAssetSoldToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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0,6
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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0,8
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oda_EffectsOnCompanyOperations|
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-
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oda_ProfitLossArisedAfterTransaction|
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Appr. TRY125 million before tax
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oda_HowWillSalesProfitBeUsedIfExists|
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-
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oda_BoardDecisionDateForUseOfSalesProfitIfExists|
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-
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oda_TitleNameSurnameOfCounterPartyBought|
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Folkart Yapı Sanayi Ticaret A.Ş.
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Hayır (No)
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oda_RelationWithCounterPartyIfAny|http://www.xbrl.org/2003/role/verboseLabel
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None
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oda_AgreementSigningDateIfExists|
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24/06/2021
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oda_ValueDeterminationMethodOfNoncurrentFinancialAsset|
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Negotiating over the Valuation Report
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oda_DidValuationReportBePrepared|
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Düzenlendi (Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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-
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oda_DateAndNumberOfValuationReport|
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10.12.2020
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oda_TitleOfValuationCompanyPreparedReport|
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Cushman and Wakefield
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oda_ValueDeterminedInValuationReportIfExists|
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TRY419,235,857 (for full asset)
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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It was realized approximately in accordance with the Valuation Report.
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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The agreement regarding the sale of all 50% of our shares in the capital of Florya Gayrimenkul Yatırım İnşaat Turizm Sanayi ve Ticaret A.Ş., one of our affiliates, for a total price of 25.250.000 USD/approximately TRY220 million was signed on 24 June 2021, and the transaction will be completed after the approval of the Competition Board regarding the sale. This sale transaction will have an impact of approximately TRY125 million on our company's profit before tax for the period.
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