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Related Companies
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[KCHOL]
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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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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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12.09.2017 / 19.09.2017 / 05.12.2017
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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Regarding the privatization tender process of Menzelet and Kılavuzlu Hydroelectric Power Plants, by the Republic of Turkey Prime Ministry Privatization Administration, by way of "Granting Operating Rights" for a period of 49 years, our subsidiary Entek Elektrik Üretimi A.Ş., owned 49.62% by our main shareholder Koç Holding A.Ş. and 49.62% by our Company, paid 35% of the tender price and Granting Operating Rights Agreement is signed. The operating rights of the said HEPP's are transferred to Menzelet Kılavuzlu Elektrik Üretimi A.Ş. whose shares are fully owned by Entek.
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