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oda_ExplanationTextBlock| | There has been an agreement of "joint venture with revenue share for a period of 3 years" signed for the purpose of investing without the intention of property acquisition to the project located on Gaziantep Province, Şehitkamil District, Güvenevler County, 5155 Block, 2 Parcel in accordance with the CMB's Communique of Real Estate Investment Trusts numbered III-48.1 Article 22, with the title "Investment Activities and Restrictions with respect to Investment Activities" paragraph ç. The aforementioned property is registered to the deed under the name of "Şireci - Acarsan İnşaat Sanayi ve Ticaret A. Ş." and all the necessary licences and permits have been obtained and the construction has already begun for the project, which has a completion ratio of 82%. In case of any discrepancies between the Turkish and the English versions of this disclosure, the Turkish version shall prevail in accordance with the Capital Markets Board of Turkey's regulations. | ||||||||
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.