TMSF to sell luxury vehicles and a boat: Details on the IMM investigation

The sale prices, known as the estimated value, were determined following valuation reports from independent auditors approved by the Capital Markets Board (SPK).

Vehicles belonging to companies that were placed under trusteeship as part of the IMM investigation and which operate casting sites, mining areas, and solid waste disposal facilities in Istanbul will be sold. 

An auction will be held for 33 vehicles belonging to the companies Kuzey İstanbul Modern İnşaat, Kuzey İstanbul Çevre Yönetimi, Kuzey Geliştirme, Güney Cebeci Madencilik, and Kuzey İstanbul Gayrimenkul. 

The luxury vehicles, which include brands such as Cadillac, Land Rover, Mercedes, BMW, and Audi, will find their new owners through auctions to be held on July 30 and 31. 

BOAT TO BE SOLD VIA AUCTION

A custom-built wooden boat named Khan, owned by the company Karpuz Danışmanlık, which is managed by the TMSF as a trustee, has also been put up for auction with an estimated value of 7 million 500 thousand TL. The boat was built in 2020, is 14.30 meters long, 4.20 meters wide, and 0.70 meters deep, and is currently located at a marina in Muğla. 

The sales auction will be held on July 30 at the TMSF building. 

Information regarding the auctions can be accessed on the TMSF website at www.tmsf.org.tr.

News Source: 12punto