16 September 2019 - News & Announcements / About Our Subsidiary, Kümaş Manyezit Sanayi A.Ş.

In the material event disclosures to KAP by  our company, it was announced that our managers were authorized to sell one of our portfolio companies, Kümaş Manyezit Sanayi A.Ş. As of today, regarding the potential sales process of Kümaş; Our company, Yıldız Holding A.Ş. and RHI Magnesita N.V. have signed a non-binding letter of intent regarding the share transfer of Kümaş. The completion of the transaction depends on the final agreement and finalization of the necessary legal authorization processes.