CMB sanctions two stocks in Borsa Istanbul: 2-year trading ban and criminal complaint against 37 people
While the Capital Markets Board made prohibitory decisions regarding the transactions in the share market of various companies, it approved the capital increases of Şekerbank and Mercan Kimya.
Quick Look
- CMB imposed a 2-year trading ban on some individuals and organizations due to transactions in the Vişne Madencilik and Işıklar Energy share market.
- The Board also approved the capital increase applications of Şekerbank and Mercan Kimya.
AI-generated summary
Why It Matters
In order to protect market order, the Capital Markets Board takes measures against suspicious transactions and inspects companies' capital increase applications.
In connection with the transactions in the Vişne Madencilik share market, it was decided to impose a 2-year transaction ban on Tera Yatırım Menkul Değerler AŞ and Tera Portföy Yönetimi AŞ and the persons and organizations specified in the table, limited to the transactions they carried out in their own names and accounts in the VSNMD share.
Due to the transactions in the Işıklar Enerji share market, it was decided to impose a 2-year transaction ban on Alnus Yatırım Menkul Değerler AŞ and related persons, limited to the transactions they carried out in their own names and accounts in the IEYHO share. It has been decided that the period of 3 people who were previously subject to a 6-month temporary transaction ban will be deducted from the new ban period.
ŞEKERBANK'S CAPITAL WILL INCREASE TO 3.5 BILLION LIRAS
CMB approved the increase of Şekerbank TAŞ's current capital, which is 2.5 billion lira, to 3.5 billion lira, with an increase of 1 billion lira, within the scope of applications for share issuances of publicly held partnerships. Mercan Kimya Sanayi ve Ticaret AŞ's current capital, which is 190 million 370 thousand 946 liras, was allowed to be increased by 380 million 741 thousand 892 liras to be covered from internal resources, to 571 million 112 thousand 838 liras.
CMB allowed the establishment of Akasya Portföy Yönetimi AŞ's debt instruments, variable, stock, money market and free umbrella funds. It was also reported in the bulletin that the issuance documents for Büyükdemir Portföy Yönetimi AŞ's stock intensive fund, Inveo Portföy Yönetimi AŞ's third venture capital investment fund and Neo Portföy Yönetimi AŞ's 17th real estate investment fund were approved.
Open Questions
- Who are the real persons who are banned from trading?
