Tera Yatırım's Share Purchase Process Initiated for Peker GYO Has Been Terminated
In line with the Capital Markets Board rejecting the application requests and prevailing market conditions, the mandatory share purchase offer schedule has been canceled.
The mandatory share purchase offer process carried out by Tera Yatırım Holding for Peker Gayrimenkul Yatırım Ortaklığı shares has been officially terminated, citing the Board's decision and market conditions.
Why the Process Was Terminated
Current market conditions and developments experienced throughout the process were considered in detail.
As a result of the evaluations made, it was decided that it was no longer possible to continue with the offer process.
CMB Application and Rejected Requests
The disclosure made to KAP by Tera Yatırım Menkul Değerler shared the details regarding the process with the public.
The company had applied to the Capital Markets Board to redetermine the mandatory share purchase offer schedule for Peker GYO shares.
Within the scope of the application in question, it was requested that the price be reassessed as well, but the Capital Markets Board did not find these requests appropriate.