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OBJECTIVE AND SUBJECT:
Article 4:
A) The Company's Objective:
The Company's objective is to incorporate, manage and improve a glass industry and side industry related with glass industry.
On the other hand, carrying out the investment, financing, organization, and management issues of the capital Companies incorporated or to be incorporated in which capital and management it has participated, together and in a mutually collective structure; dissemination of risk by venturing into the fields other than the glass industry, ensuring the safety of the investments against the conjectural movements and thus ensuring the development and continuity of the companies, supporting the development of the capital market, accordingly the national industry, by promoting the safe participation of the savings of the Company members and the public in the capital companies in which the Company has /did not have participated, and constitution of social units within/outside the Company are among the objectives of the company.
B) The Company's Subject:
The Company, in order to realize the objectives given above;
a) The Company establishes side and complementary industries in conjunction directly or indirectly with all kinds of glass, glassware and glass industries (and/or replacement industry), takes the precautions for the development and improvement of them, and manages them.
b) The Company may participate in the capitals or managements of all kinds of commercial and industrial domestic or foreign companies established or to be established, working in any subject.
c) The Company may, not in the form of intermediary services and portfolio management in accordance with the Capital Market law, sell stocks and bonds like Government Bonds (including treasury shares), private sector bonds, and document of profit or loss partnership, bank deposit certificate.
d) On condition that they will not be in the form of investment services and activities, the Company may transfer the stock certificates (or shares) or other stocks and bonds to others, change them with other stock certificates (and/or shares) and/or other stocks and bonds, put lien on them, purchase or sell stock certificates, and secure with a pledge the stock certificates (or shares) or other stocks and bonds of other partners.
e) The Company may pledge on its capital directly or indirectly and regarding the incorporation, capital increase, bank loans, and the issuance of bond and financing loans as well as their other debts.
For the Company's granting of guaranty, pledge, assurance, lien, including hypothec, the principles determine within the scope of the capital market legislation are complied with.
f) The Company may transfer all kinds of its receivables resulting from the sales of the companies, in which capital and management it has taken part, as well as their affiliates, and assign and/or endorse them to the other institutions in which it has/did not have participated.
g) The Company may, in order to realize its objective and subjects acquire real estates (including ships) and fixed material assets in relation with the movable properties, and rent them, lease them to others partially or completely, conduct transfer, abandon or grant its nonmaterial rights with regard to the real estate and movable properties it has, conduct access, usufruct, residence rights and conduct all kinds of borrowing and savings transactions in relation with the ocular and immaterial rights pursuant to the civil law and other rights, and carry out disposals on the immovable properties with or without obligations.
h) The Company, in respect of its objective and subject matter, may burrow with or without guarantees against the hypothecs and other securities, may give and take all kinds of personal or ocular guarantees for the collection or procurement of its receivables (including hypothec), and may conduct the registration and cancellation transactions in respect of them in the title deeds registration offices and other governmental offices.
i) The Company may cooperate with the domestic and foreign companies, constitute all kinds of affiliates/partnerships with them and may enter into agreements based on material responsibility share.
j) The Company, in accordance with the provisions of the law, may constitute foundations with social objectives within the structure of the Company, may participate in such foundations or grant charities to them.
k) The Company may provide intermediary services or financial or legal consultancy services for the collections and payments of the companies in which capital and management it participates directly or indirectly.
The Company may conduct the storage, transport, project design, feasibility studies, chemical and physical analyses, information processing, import, export, marketing, organization, training , and planning businesses of all kinds of enterprises in which capital and management it participates or not.
The Company, for reaching its objective and in relation with its subject matter of activity, may inaugurate storehouses, stores, branches, representations, exhibitions, and similar activities abroad or domestically.
The Company may, before the Turkish Patent Institute and other institutions abroad or in the country, conduct the registration of all kinds of intellectual property like brand, patent, utility model, industrial design, geographical sign, integrated circuit photographs and all kinds of initiatives before such institutions, and may provide intermediary services for the registration of the brands and patents of third persons.
I) The Company may involve with the search of all kinds of substances in the liquid, solid, and gas for (including LPG) , closure, handing over, taking over or procurement or management of the mining areas, and in compliance with the respective laws, search, opening, storage, distribution, and trade of such matters.
m) The Company may carry out all kinds of agency, advertising, tourism, investment and management businesses.
n) The Company can grant charities within the scope of social responsibility and in line with the methods and principles designated by the Capital Market Board.
The charities can be granted in the manner that will not compromise its objective and subject matter and on condition that their limits will be determined by the General Committee, that they will not give such charities in the amounts that exceed such limit, that it will add the charities made to the distributable profit estimation, that it will not contravene the CMB's covert profit transfer arrangements, that they will make the required special condition remarks, and that the grants given domestically will be notified to the partners in the General Committee meeting.
o) In the event that amendments are made in the Company's objective and subject matter, required consents will be sought from the Ministry of Trade and Capital Market Board.
p) The Company may carry out all kinds of transactions with regard to the maters written in the paragraphs a o above and other transactions that will facilitate them.
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OBJECTIVE AND SUBJECT:
Article 4:
A) The Company's Objective:
The Company's objectives are as follows:
(i) Manufacturing any kind of glassware, tableware, glass packaging, flat glass, electric bulb, glass and other glass products; to incorporate, manage and improve a glass industry and side industry related with glass industry;
(ii) Sodium carbonate, sodium bicarbonate and other soda chemicals; producing all kinds of chemicals with bichromate, chromic acid, basic chromium sulfate and other chromium chemicals, establishing factories for the production of other products, participating in these and producing heavy machinery;
(iii) Exploration, and establishing and operating facilities to produce salt, limestone, chromite and other natural raw material resources and other substances falling under the scope of mining law necessary for production of soda chromium chemicals;
(iv) Conducting necessary researches, establishing and operating facilities and participating in these in order to improve the industry related to soda chromium chemicals;
(v) To conduct any secondary and supplementary activities in correlation in any manner with the Soda Industry and sale of the products.
(vi) Carrying out the investment, financing, organization, and management issues of the capital Companies incorporated or to be incorporated in which capital and management it has participated, together and in a mutually collective structure;
(vii) Dissemination of risk by venturing into the fields other than the glass industry, ensuring the safety of the investments against the conjectural movements and thus ensuring the development and continuity of the companies,
(viii) Supporting the development of the capital market, accordingly the national industry, by promoting the safe participation of the savings of the Company members and the public in the capital companies in which the Company has /did not have participated;
(ix) Constitution of social units within/outside the Company.
B) The Company's Subject:
The Company, in order to realize the objectives given above;
a) The Company establishes side and complementary industries in conjunction directly or indirectly with all kinds of glass, glassware and glass industries (and/or replacement industry), takes the precautions for the development and improvement of them, and manages them.
b) The Company may participate in the capitals or managements of all kinds of commercial and industrial domestic or foreign companies established or to be established, working in any subject.
c) The Company may, not in the form of intermediary services and portfolio management in accordance with the Capital Market law, sell stocks and bonds like Government Bonds (including treasury shares), private sector bonds, and document of profit or loss partnership, bank deposit certificate.
d) On condition that they will not be in the form of investment services and activities, the Company may transfer the stock certificates (or shares) or other stocks and bonds to others, change them with other stock certificates (and/or shares) and/or other stocks and bonds, put lien on them, purchase or sell stock certificates, and secure with a pledge the stock certificates (or shares) or other stocks and bonds of other partners.
e) The Company may pledge on its capital directly or indirectly and regarding the incorporation, capital increase, bank loans, and the issuance of bond and financing loans as well as their other debts.
For the Company's granting of guaranty, pledge, assurance, lien, including hypothec, the principles determine within the scope of the capital market legislation are complied with.
f) The Company may transfer all kinds of its receivables resulting from the sales of the companies, in which capital and management it has taken part, as well as their affiliates, and assign and/or endorse them to the other institutions in which it has/did not have participated.
g) The Company may, in order to realize its objective and subjects acquire real estates (including ships) and fixed material assets in relation with the movable properties, and rent them, lease them to others partially or completely, conduct transfer, abandon or grant its nonmaterial rights with regard to the real estate and movable properties it has, conduct access, usufruct, residence rights and conduct all kinds of borrowing and savings transactions in relation with the ocular and immaterial rights pursuant to the civil law and other rights, and carry out disposals on the immovable properties with or without obligations.
h) The Company, in respect of its objective and subject matter, may burrow with or without guarantees against the hypothecs and other securities, may give and take all kinds of personal or ocular guarantees for the collection or procurement of its receivables (including hypothec), and may conduct the registration and cancellation transactions in respect of them in the title deeds registration offices and other governmental offices.
i) The Company may cooperate with the domestic and foreign companies, constitute all kinds of affiliates/partnerships with them and may enter into agreements based on material responsibility share.
j) The Company, in accordance with the provisions of the law, may constitute foundations with social objectives within the structure of the Company, may participate in such foundations or grant charities to them.
k) The Company may provide intermediary services or financial or legal consultancy services for the collections and payments of the companies in which capital and management it participates directly or indirectly.
The Company may conduct the storage, transport, project design, feasibility studies, chemical and physical analyses, information processing, import, export, marketing, organization, training , and planning businesses of all kinds of enterprises in which capital and management it participates or not.
l) The Company, for reaching its objective and in relation with its subject matter of activity, may inaugurate storehouses, stores, branches, representations, exhibitions, and similar activities abroad or domestically.
m) The Company may, before the Turkish Patent Institute and other institutions abroad or in the country, conduct the registration of all kinds of intellectual property like brand, patent, utility model, industrial design, geographical sign, integrated circuit photographs and all kinds of initiatives before such institutions, and may provide intermediary services for the registration of the brands and patents of third persons.
n) The Company is engaged in establishing, actuating, acquiring, leasing of electric energy generation plant, generation of electric energy, sale of electric energy generated and/or the capacity, heat water, steam, demin water, heat and other side product.
To achieve such objective the Company may conduct the following activities in compliance with the respective legislation on electricity market:
1) Establishing, actuating, acquiring, having leased or leasing of electric energy generation plant;
2) Sale of the generated electric energy and/or the capacity to legal persons holding wholesale license, supply license, retail license and real person eligible consumers through bilateral agreements,
3) Associating with the existing or prospective electric energy generation companies.
o) The Company may involve with the search of all kinds of substances in the liquid, solid, and gas for (including LPG) , closure, handing over, taking over or procurement or management of the mining areas, and in compliance with the respective laws, search, opening, storage, distribution, and trade of such matters.
p) The Company may conduct any kind of logistic and transportation services within the scope of foregoing activities and subjects and in accordance with the said purpose, may conduct the following activities;
a Conducting any kind of domestic and international land, maritime and aerial transportation,
b Conducting any kind of loading, unloading, port management, and customs clearance.
c Conducting any kind of storage, special warehousing, packaging and handling.
d Conducting dealership, agency, franchising and brokerage activities with regard to the subjects indicated in sections a b c.
e In order to carry out the aforementioned services, purchasing, leasing, repairment and renovation services and trade and agency of these vehicles including importation of land, maritime and aerial transportation vehicles.
It may lease and operate in such manner the land, maritime and aerial transportation vehicles that are owned.
r) The Company may carry out all kinds of agency, advertising, tourism, investment and management businesses.
s) The Company can grant charities within the scope of social responsibility and in line with the methods and principles designated by the Capital Market Board.
The charities can be granted in the manner that will not compromise its objective and subject matter and on condition that their limits will be determined by the General Committee, that they will not give such charities in the amounts that exceed such limit, that it will add the charities made to the distributable profit estimation, that it will not contravene the CMB's covert profit transfer arrangements, that they will make the required special condition remarks, and that the grants given domestically will be notified to the partners in the General Committee meeting.
t) In the event that amendments are made in the Company's objective and subject matter, required consents will be sought from the Ministry of Trade and Capital Market Board.
y) The Company may carry out all kinds of transactions with regard to the matters written in the paragraphs a t above and/or conduct the activities allowed by laws through domestic companies and companies abroad established nu itself.
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