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Related Companies
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[]
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Related Funds
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[]
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English
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oda_MaterialEventDisclosureGeneralAbstract|
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oda_UpdateAnnouncementFlag|
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Evet (Yes)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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02.07.2019
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_ExplanationSection|
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As it was previously publicly shared in our material disclosure dated July 2nd, 2019, it was resolved to send a capital advance up to USD 60,000,000 to G.New Inc. The capital increase amounting to US$ 819.674.608 in G. New was completed on 31 March 2020, and Ülker Bisküvi participated to this increase with an amount of USD 59.074.700. With the capital increase, Ülker Bisküvi's effective ownership ratio in G. New Inc. reached to 18,35% from 12,20%.
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