Below are the announcements shared by the Turkey Development Fund and Development Venture Capital Portfolio Management
With the decision of the board of directors dated May 28, 2021 and no. 2021/20-01 the issued capital of Development Venture Capital Portfolio Management Inc. was raised in cash by 1,200,000,00 TRY per each share over 1 TRY and therefore increased from 1,800,000,000 TRY to 3,000,000,00 TRY within the registered capital ceiling of the company (9,000,000,00 TRY). Our request for capital raise was considered affirmative under the letter of the Capital Markets Board dated June 16, 2021 and no. E-12233903-350.05.01-7426.