09.10.2013 Sale Of Topkapi Real Estate
Transkript
09.10.2013 Sale Of Topkapi Real Estate
TÜRKİYE ŞİŞE VE CAM FABRİKALARI A.Ş Date Brief Information : 09.10.2013 : Sale of real estate Address of Association: İş Kuleleri Kule-3 34330, 4.Levent-Beşiktaş/Istanbul : 0212 350 39 51, 0212 350 57 87 : Phone and fax numbers: Phone and fax numbers of the Investor/Shareholder Relations Unit of the Association Is the current statement an update? Is the current statement is correction? Is the current statement a deferred statement? The date of the previous statement made on the relevant special situation Brief information : 0212 350 39 51, 0212 350 57 87 : Yes : No : No May 20th, 2013 and March 15th, : 2013 : Sale of real estate Description of the tangible fixed assets subject : Land + Building to sale The location and square measure of the tangible fixed asset subject to sale Date of Board’s decision regarding sale Total sales price Sales price/Association’s paid up capital ratio (%) Sales price/total assets stated in the latest financial statement made public ratio (%) Sales Price/Net value of the tangible fixed assets stated in the latest financial statement made public ratio (%) Terms of sale Date on which the sale transaction is/will be completed Purpose of Sale and effect thereof on the Association’s activities : Istanbul Province, Zeytinburnu District, Merkez Efendi Quarter, 130.024,5 m2 : 09.10.2013 : VAT excluded - 320.000.000 TL : 20,37 % : 3,07 % 51,01 % (It means its ratio to the : investment properties) The relevant amount shall be paid in : cash during the conveyance of title. The transactions regarding the conveyance of title shall be completed : until November 30th, 2013 at the very latest. : Liquidizing the surplus and unserviceable real estates IFRS’s (International Financial Profit/loss amount obtained through the sale of : Reporting Standards) consolidated tangible fixed asset profit: 110.302.513 TL. It will be evaluated within the scope of If any, the method how the profit on sales will : Article 5/1-e of the Law on Corporate be evaluated by Tax. Date of Board’s decision regarding the method how the profit will be evaluated by : 09.10.2013 Other party Description of the relationship with the other party The method through which the value of tangible fixed asset will be determined Whether a valuation report has been arranged or not If a valuation report has not been arranged, the reason thereof If a valuation report has been arranged, the amount resulting from the report If the transaction is not/will not be carried out in compliance with the results presented in the valuation report, the reason thereof İş Gayrimenkul Yatırım Ortaklığı A.Ş. and Timur Gayrimenkul Geliştirme : Yapı ve Yatırım A.Ş Partnership Enterprise : Related Party : Expertise : It has been arranged. :: 321.600.000 TL (VAT excluded) :- ADDITIONAL STATEMENTS: The sale, revenue sharing or conveying of title on flat for land basis methods have been efficiently evaluated for liquidizing purposes regarding immovable properties which belong to our company and our associated partner Anadolu Cam Sanayi A.S., are located in Istanbul Province, Zeytinburnu District, and are subject to this sale transaction; "DTZ Pamir & Soyuer Gayrimenkul Danışmanlık A.S. (DTZ)" has been authorized for the promotion, marketing and sale processes related to the relevant purpose; in this regard, DTZ has contacted all leading companies in the field of real estate, and received some offers from the majority of such companies through sealed tender. As a result of the one-to-one negotiations with the company authorities included in the brief list which has been created according to the assessment of the presented offers, in the board meeting held on October 9th, 2013 by our company and associated partner Anadolu Cam Sanayi A.S. it has decided that the immovable property of 10.450,0 square meters which belongs to our company and the other immovable property of 119.574,5 square meters which belongs to our associated partner Anadolu Cam Sanayi A.S –both of which are located in Istanbul Province, Zeytinburnu District and have a square measure of (10.450,0 + 119.574,5=) 130.024,5 square meters in total – shall be sold to the partnership enterprise called "İş Gayrimenkul Yatırım Ortaklığı A.S. and Timur Gayrimenkul Geliştirme Yapı ve Yatırım A.S." for a VAT excluded amount of 320.000.000 TL in cash which is the most proper offer, and that the profit on sale shall be evaluated within the scope of Article 5/1-e of the Law on Corporate Tax . We declare that above mentioned statements comply with the principles stated in the Stock Exchange Commission’s report with the serial no. VIII, and number 54; and completely reflect the relevant information that has reached us; and is in compliance with our ledgers, books and records; and that we made our best effort to obtain the relevant information completely and accurately as well as are responsible for these statements given.