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Turkcell’s Capital is Increasing to 2.2 billion YT

24 February, 2005
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Turkcell’s Capital is Increasing to 2.2 billion YT

globaltelconews-admin by globaltelconews-admin
24 February, 2005
in English
0

In the announcement that was sent to IMKB by Turkcell Iletisim Hizmetleri Co., it had been decided to have the “company capital” titled article of the main contract of the firm changed in order to make it compatible with YTL with consistent to the amendments that had been made to 5083 no. Act of Republic of Turkey Government’s Currency and Turkish Commercial Code’s 399 no. article.

At the regular meeting, besides Turkcell’s regular topics of agenda, the amendments that are planned to be made on the company’s main contract are also going to be discussed. The meeting will be held on April 29th, at Turkcell Plaza.

The articles of the company’s main contract that include “duty distribution – manager nomination” and “determination of profit – disbursement” are also expected to be amended during the regular meeting.

In order to be able to realize the capital increase and main contract amendments, Turkcell management is going to apply to the Capital Markets Board and the Ministry of Industry and Trade for the appropriate permissions.

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