May 27, 2012
 |
Aksa Energy poised to go public, sell 86 millon shares
4 May 2010 / TODAY’S ZAMAN, İSTANBUL
Aksa Enerji Üretim A.Ş., Kazancı Holding’s energy generation company, is set to hold an initial public offering (IPO) through a book-building process scheduled for May 13-14, the IPO coordinator of the Turkish Industry Development Bank (TSKB) said on Monday.
A total of 86 million shares will be sold at prices between TL 4.9 and TL 7.2 ($3.28-$4.82) per share, the TSKB said in a regulatory filing to the Public Disclosure Platform (KAP). Seventy percent of the shares will be sold to foreign investors and the remainder offered to domestic buyers.
If the IPO sees heavy demand during the subscription process, 15 percent of the total stake, which accounts for 12.9 million shares, will be sold from the main partner Kazancı Holding’s account and the funds derived will be utilized to ensure price stability for the next 30 days following the IPO in compliance with conditions set out by the Capital Markets Board (SPK).
|
||||||||||||||||||||||||||||||||||||||||||||||||||
| BÜLENT KENEŞ |  |
||
| What befell Niyazi-i Misri in the past is happening to Fethullah Gülen now | |||
| EKREM DUMANLI |  |
||
| When a call for fairness and reason finds acceptance | |||
| ŞAHİN ALPAY |  |
||
| Uludere, test case for democracy in Turkey | |||
| EMRE USLU |  |
||
| Are the Kurds mentally divorced from Turkey? | |||
| GÖKHAN BACIK |  |
||
| Erdoğan, Gül and Davutoğlu: the inner bargain on Turkish foreign policy | |||
| MARKAR ESAYAN |  |
||
| Taking lessons from previous experiences with the military | |||
| YAVUZ BAYDAR |  |
||
| Qualm | |||
| ÖMER TAŞPINAR |  |
||
| A new phase in Syria? | |||
| İHSAN DAĞI |  |
||
| Turkish foreign policy: Time for a re-evaluation | |||
| SEYFETTİN GÜRSEL |  |
||
| Poor-friendly economic growth and the AK Party | |||
| CHARLOTTE MCPHERSON |  |
||
| Missing women, missing opportunities | |||
| BERK ÇEKTİR |  |
||
| Changes to incentives for investment in Turkey | |||
| MERVE BÜŞRA ÖZTÜRK |  |
||
| The 1960 coup: a final test for democracy | |||
| AMANDA PAUL |  |
||
| Ukraine: a lost country | |||
| MÜMTAZER TÜRKÖNE |  |
||
| The 52nd anniversary of May 27 | |||
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||
