SPK approves IPO for one company, blocks access to 37 websites

The Capital Markets Board (SPK), according to its weekly bulletin, has approved the initial public offering (IPO) application of Odine Solutions Teknoloji Teknoloji Ticaret ve Sanayi AŞ at a price of 30 liras.

The Board approved the 46 million 200 thousand lira bonus share issue of Martı Gayrimenkul Yatırım Ortaklığı AŞ.

Furthermore, debt instrument issuance applications were approved for Tacirler Yatırım Menkul Değerler AŞ for 2 billion 100 million liras, Ulusal Faktoring AŞ for 400 million liras, Tiryaki Agro Gıda Sanayi ve Ticaret AŞ for 2 billion 500 million liras, Destek Yatırım Bankası AŞ for 15 million dollars, and Türkiye Sınai Kalkınma Bankası AŞ for 500 million dollars.

Değer Varlık Kiralama AŞ was also among the companies granted approval for a debt instrument issuance, with an amount of 700 million liras.

Operating permits were granted to 24 Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi AŞ Orkide Real Estate Investment Fund, 24 Gayrimenkul ve Girişim Sermayesi Portföy Yönetimi AŞ Zambak Real Estate Investment Fund, Atlas Portföy Yönetimi AŞ First Real Estate Investment Fund, Azimut Portföy Yönetimi AŞ Tatil Sepeti 2 Venture Capital Investment Fund, Inveo Portföy Yönetimi AŞ First Real Estate Investment Fund, and İstanbul Portföy Yönetimi AŞ XCapital Venture Capital Investment Fund.

ADMINISTRATIVE FINES

Following an investigation into the equity market of Martı Gayrimenkul Yatırım Ortaklığı AŞ, the Board imposed an administrative fine of 69 thousand 783 liras on Rasim Şahinkaya and Oğuzhan Şahinkaya.

As a result of an investigation into transactions involving Mega Polietilen Köpük Sanayi ve Ticaret AŞ shares, it was decided to impose administrative fines of 155 thousand 567 liras on Tera Yatırım Menkul Değerler AŞ, 466 thousand 701 liras on İnfo Yatırım Menkul Değerler AŞ, 155 thousand 567 liras on Eyüp Serdar Erçelik, and 311 thousand 134 liras on Ertuğrul Erdoğan and Tolun Kudaloğlu.

Following investigations conducted at Midas Menkul Değerler AŞ, it was decided to impose an administrative fine of 27 million 778 thousand 312 liras on the company.

ACCESS BLOCKED TO 37 WEBSITES

In accordance with the fourth paragraph of Article 99 of the Capital Markets Law, it was decided to initiate legal proceedings to block access to 37 websites determined to be facilitating leveraged trading from abroad for residents in Turkey via the internet.

News Source: AA