Related Companies
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[TOASO, KCHOL]
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Related Funds
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[]
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English
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oda_NoncurrentAssetSaleAbstract|
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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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26.09.2025
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfNonCurrentAssetSold|
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Land share with independent units
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oda_LocationAndAreaOfNoncurrentAssetSold|
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The gross total of 16,517 m², of which 11,909 m² is classified as developable area, in the parcel located at block no 2011, plot no 1, at Büyükdere Caddesi No : 145 Zincirlikuyu 34394 / İstanbul address, in which our Company holds a 43% share
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oda_BoardDecisionDateForSale|
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26/09/2025
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForSale|
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Yes
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oda_TotalSalesValue|http://www.xbrl.org/2003/role/verboseLabel
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The amount allocated to our company has been determined as TL 1,245,209,400.45.
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oda_RatioOfTransactionAmountToValueOfCompanyBasedOnTheMathematicalWeightedAverageOnADailyBasisSixMonthsPriorToDateOfBoardDecision|
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3.9%
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oda_RatioOfSalesPriceToPaidInCapitalOfCompany|
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566.5%
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oda_RatioOfSalesValueToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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1.8%
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oda_RatioOfSalesValueToTotalNetNoncurrentAssetsInLatestDisclosedFinancialStatementsOfCompany|
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12.7%
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oda_RatioOfValueOfNoncurrentAssetToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|
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0.04%
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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1.5%
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oda_SalesConditions|
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Peşin (Cash)
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oda_DateOnWhichRheTransactionWasWillBeCompleted|
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09.10.2025
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oda_AimOfSaleAndEffectsOnCompanyOperations|
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Converting the fixed asset into cash and using it more efficiently will positively impact the Company's financial results and cash flow
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oda_ProfitLossArisedAfterSaleOfNoncurrentAsset|
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According to TFRS, a pre-tax gain of approximately 1.2 billion TL has been recognized from the sale of the property.
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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_CounterParty|
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Temel Ticaret ve Yatırım A.Ş
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Evet (Yes)
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oda_NatureofRelationWithCounterParty|
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Ultimate parent
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oda_AgreementSigningDateIfExists|
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-
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oda_ExercisePriceOfRetirementRightRelatingToSignificantTransaction|
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-
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oda_ValueDeterminationMethodOfNoncurrentAsset|
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It has been determined based on the value appraised in the valuation report by the parties.
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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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23.07.2025/49
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oda_TitleOfValuationCompanyPreparedReport|
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Çelen Kurumsal Gayrimenkul Değerleme ve Danışmanlık A.Ş.
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oda_ValueDeterminedInValuationReportIfExists|
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The total amount, excluding VAT, is TL 2,778,528,00 TL, of which the portion attributable to our Company is TL 1,194,767,040
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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The transaction has been carried out by taking into consideration the results of the valuation report.
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
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As disclosed to the public on 26 September 2025, the transfer and payment transactions of our Company's share in the land
block no. 2011, plot no.1,
located at Büyükdere Caddesi No : 145 Zincirlikuyu / İstanbul, where both our Company's and Tofaş's headquarters are situated and which contains independent units, and which is co-owned by our Company with a 43% share, Koç Holding with a 15.7% share, and Tofaş with a 41.3% share, to our Company's ultimate parent, Temel Ticaret ve Yatırım A.Ş., at a price determined based on the valuation report prepared by Çelen Kurumsal Gayrimenkul Değerleme ve Danışmanlık A.Ş., were completed on 09.10.2025.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
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