Participation in Capital Increase of our Subsidiary – Trend Motosiklet
02.11.2018
During our Board Meeting dated 02.11.2018 (today);
It has been resolved to fully exercise our right of acquiring new shares and to set our participation amount in the cash capital increase as 5,000,000 Turkish Liras in the capital increase of Trend Motosiklet Pazarlama A.Ş., our direct subsidiary, whereby our company has 99.84% shares in the entirely issued capital of 8,000,000 Turkish Lira to 13,000,000 Turkish Lira. Our Company has committed to exercise the right of acquiring new shares not exercised during the capital increase. (the capital increase has been approved at the extraordinary general assembly meeting of Trend Motosiklet Pazarlama A.Ş. which was held on October 26, 2018).
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