News Update: YKBNK's Tender Cancellation, Frozen Shares, and a Warning from BIST to KERVN: Latest News from BIST Companies
Among the recent announcements made by companies listed on Borsa Istanbul to the Public Disclosure Platform (KAP), Yapı Kredi's (YKBNK) cancellation of the auction for the sale of non-performing loans stands out as an important move, while various decisions and agreements in the stock market and industry have also emerged. From significant purchasing decisions related to investment incentive certificates to various strategic steps taken by companies, these initiatives are poised to shape the future of the sectors involved.
Yapı Kredi's non-performing loan sale has been canceled The auction for the sale of non-performing loans conducted by Yapı ve Kredi Bankası has been canceled. In an announcement made on October 31, 2024, the sale of two individual portfolios with a total principal of 283.2 million TL to the winning bidder Birikim Varlık was planned. However, it was announced on November 13, 2024, that the bank canceled this auction.
Credit restriction for DMSAS and IHYAY under the VBTS framework The Capital Markets Board has made a new decision regarding the shares of DMSAS and IHYAY under the Volatility-Based Precautionary System (VBTS). According to this decision, the specified shares will not be allowed to be subject to leveraged transactions from November 15, 2024, until December 13, 2024.
Anadolu Hayat achieves 9.94 billion TL gross premium production in the first 10 months of 2024 Anadolu Hayat (ANHYT) reported a total gross premium production of 9,943,068,367.35 TL from the beginning of 2024 until the end of October. It was noted that this production consisted of 9,941,734,742.63 TL from life insurance and the remaining amount from non-life insurance premiums.
Borsa Istanbul warns Kervansaray Yatırım Holding Borsa Istanbul has warned Kervansaray Yatırım Holding A.Ş. (KERVN) to show greater sensitivity regarding its public disclosure obligations. The announcement emphasized that the company should act cautiously in meeting these obligations.
İmaş Makina signs a deal worth 2.43 million dollars İmaş Makina Sanayi A.Ş. (IMASM) has signed an agreement worth a total of 2.43 million dollars for a Flour Production Facility Complete Project with a customer in the Commonwealth of Independent States. The shipment of the project is scheduled for next year, and the advance payment has already been received by the company.
Adese Gayrimenkul receives an investment incentive certificate for the GES Project Adese Gayrimenkul (ADESE) has received an investment incentive certificate from the Ministry of Industry and Technology of the Republic of Turkey for the Land GES project located in Siirt Kurtalan. This certificate includes various tax reductions and supports, with the total investment amount determined at 170.2 million TL.
Akfen GYO (IS:AKFGY) sells its shares in Akfen Karaköy Gayrimenkul Yatırımları Akfen GYO has decided to sell all its shares in Akfen Karaköy Gayrimenkul Yatırımları to its subsidiary Akfen Güney İşletme. The sale unit price has been set at 28.61 TL, and it was stated that this decision was made unanimously.
Özata Denizcilik completes ship maintenance project Özata Denizcilik (OZATD) has completed the ship repair, maintenance, and overhaul contract signed in October and delivered it to the customer. Originally valued at 2 million dollars, the project expanded to 3.075 million dollars due to additional demands. The project's share of the 2023 revenue is reported to be approximately 4.57%.