Turkey's Anel Unıt Applıes To Board For Ipo
Turkey-based energy company Anel Elektrik Proje Taahhut ve Ticaret A.S. has applied to the country's Capital Markets Board, or SPK, to hold an initial public offering.
In a statement to the Istanbul Stock Exchange parenttelecommunications infrastructure company Anel Telekomunikasyon Elektronik Sistemleri Sanayi ve Ticaret A.S. (ANELT.IS) said Anel Elektrik will increase its capital to 46.6 million Turkish lira ($31 million) from TRY30.6 million. It will issue shares valued at TRY16 million.
(SB-SB-ENG)