Public Offering Approvals from SPK: Pasifik and Vakıf Factoring

The Capital Markets Board Approves Public Offering Applications of Two Companies

The Capital Markets Board (CMB) has granted public offering approval for Pasifik Holding AŞ and Vakıf Faktoring AŞ. Pasifik Holding will offer its shares at 1.5 lira, while Vakıf Faktoring will present its shares at 14.20 lira to investors.

Important Debt Instruments Auctions

The Board approved the issuance applications for debt instruments worth 10 billion lira for Deniz Yatırım Menkul Değerler AŞ and 10 billion lira for Ereğli Tekstil Turizm Sanayi ve Ticaret AŞ. Additionally, issuance permissions were granted for 550 million lira for Ofisfinans Finansman AŞ, 3 billion 900 million lira for TEB Faktoring AŞ, 600 million lira for Invest AZ Yatırım Menkul Değerler AŞ, and 500 million dollars for Gürmat Elektrik Üretim AŞ.

New Activity Permits

The CMB also approved the establishment of Inveo Portfolio Management AŞ Mobilefon Venture Capital Investment Fund and the BioNova and Finova Private Venture Capital Investment Funds to be created by Ziraat Portfolio Management AŞ.

Administrative Fines and Criminal Complaints

The CMB imposed a total of 71 million 827 thousand 670 lira in administrative fines on 13 legal entities and 2 individuals. Additionally, a temporary trading ban was imposed on 8 individuals and 1 legal entity, and a criminal complaint was filed against 5 people. Access restrictions were placed on 25 websites for providing unauthorized crypto asset services.