CMB approves 1 IPO, blocks access to 24 websites

According to the CMB bulletin, the Board has approved the initial public offering of Bahadır Kimya Sanayi ve Ticaret AŞ at a price of 51 liras per share.

The CMB, which approved the paid-in capital increases of 100 million liras for İdealist Gayrimenkul Yatırım Ortaklığı AŞ and 100 million liras for Seyitler Kimya Sanayi AŞ, also accepted the bonus share issuance applications of Türkiye Sigorta AŞ for 3 billion 838 million 476 thousand 637 liras, Dap Gayrimenkul Geliştirme AŞ for 2 billion 236 million 400 thousand 779 liras, Ulusoy Un Sanayi ve Ticaret AŞ for 559 million 30 thousand liras, Osmanlı Yatırım Menkul Değerler AŞ for 379 million 57 thousand 391 liras, and Yünsa Yünlü Sanayi ve Ticaret AŞ for 420 million liras.

The Board approved the bond and financing bill issuances of Tera Yatırım Menkul Değerler AŞ for 2 billion liras, Deniz Yatırım Menkul Değerler AŞ for 600 billion liras, Çamlı Yem Besicilik Sanayi ve Ticaret AŞ for 200 million liras, Bien Finans Faktoring AŞ for 250 million liras, Türkiye Şişe ve Cam Fabrikaları AŞ for 30 billion liras, Pınar Süt Mamulleri Sanayii AŞ for 2 billion 500 million liras, Hepsi Finansman AŞ for 1 billion 50 million liras, Tam Finans Faktoring AŞ for 774 million liras, Kerevitaş Gıda Sanayi ve Ticaret AŞ for 700 million liras, Fiba Faktoring AŞ for 359 million liras, and Pegasus Hava Taşımacılığı AŞ for 750 million dollars, while also accepting the application of Nurol Yatırım Bankası AŞ for the issuance of a subordinated debt instrument worth 40 million dollars.

The CMB approved the establishment of Albayrak Girişim Sermayesi Yatırım Ortaklığı AŞ with an initial capital of 100 million liras within a registered capital ceiling of 500 million liras, and Hera Girişim Sermayesi Yatırım Ortaklığı AŞ with an initial capital of 200 million liras within a registered capital ceiling of 1 billion liras. It also responded positively to the request for the establishment of the Arz Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi AŞ Thirteenth Venture Capital Investment Fund and the Arz Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi AŞ Fourteenth Venture Capital Investment Fund, as well as the approval of the issuance documents regarding the offering of participation shares.

Furthermore, the Board decided to respond positively to the request for the establishment of the Osmanlı Portföy BIST Dividend 25 Index Equity Intensive (TL) Exchange Traded Fund and the approval of the prospectus regarding the public offering of its participation shares.

The CMB announced that the Principle Decision numbered i-SPK.22.7 (dated February 14, 2023, and numbered 9/177), which was taken to minimize the negative impact of the earthquakes that occurred on February 6, 2023, on financial markets and to facilitate share buyback transactions by companies whose shares are traded on the stock exchange and their subsidiaries, has been repealed, taking into account that approximately 18 months have passed since the earthquakes.

The Board also decided that applications to be made to the Board by issuers, capital market institutions, and other institutions and organizations applying under the Capital Markets Law No. 6362, which fall under the scope of the Board's Legal Affairs Department, Institutional Investors Department, Intermediary Activities Department, Accounting Standards Department, and Corporate Finance Department, must be made electronically via the e-Application System starting from August 5, 2024. It noted that it is essential to comply with the matters included in the bulletin dated March 28, 2024, and numbered 2024/17 in the e-Application processes to be carried out as of August 5, 2024.

CRIMINAL COMPLAINTS AND ADMINISTRATIVE FINES

The CMB has decided to initiate the necessary legal proceedings to block access to 24 websites determined to be providing leveraged trading services from abroad to residents in Turkey via the internet.