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oda_ExplanationTextBlock| | The first phase of our company's Sur Yapı Tatil Evleri Antalya Project, which is under construction on a 45,170 square metre site, has been completed following the completion of construction work on 15,696 timeshare units and the social areas. As part of the project, operational tests are scheduled to take place in September, whilst the first 15,696 timeshare units in the first phase are set to be occupied and the facility commissioned in October. The pre-sales are expected to be recognised as revenue in the next financial period, the project's commencement is anticipated to make a positive contribution to our Company's turnover and profitability. An English translation of this statement is attached; should there be any discrepancies between the texts, the Turkish version shall prevail. | ||||||||
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.