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English
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Hayır (No)
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Hayır (No)
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14.06.2024, 15.09.2024,14.11.2024
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Hayır (No)
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As disclosed in our material event announcement dated 14 November 2024, it had been announced to the public that, regarding the concordat request submitted by
MP Hotel Management Turizm İnşaat Yatırım Ticaret A.Ş.
("MP Hotel"), the tenant operating Mares Hotel, Antalya 3. Asliye Ticaret Mahkemesi had ruled to convert the temporary concordat period granted to MP Hotel into a definitive period for one year, to be effective until 13 November 2025.
At the current stage, we have been informed that Antalya 3. Asliye Ticaret Mahkemesi has decided "to lift the one-year definitive concordat period and the concordat measures imposed on MP Hotel, and that since MP Hotel is not insolvent, there is no ground for an adjudication of bankruptcy."
This statement has been translated into English and simultaneously announced for informational purposes. In the event of any discrepancy between the Turkish and the English versions, the Turkish version shall prevail.
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