Via Public Disclosure Platform (PDP), Emlak Konut GYO announced the establishment of its new company named “Emlak Konut Asansör Sistemleri Sanayi ve Ticaret A.Ş.”
According to the KAP announcement:
“With the decision of the Board of Directors of Emlak Konut Gayrimenkul Yatırım Ortaklığı A.Ş. 09.02.2021 and numbered 06/15, it has been decided to establish a new subsidiary whose main business activity of the elevator system, considering the needs of the construction and real estate sector, to create a brand has potential to compete with the major actors in the global market within the framework of the CMB i-SPK 48.11 (03/12/2020 dated and 75/1482 numbered decision) resolution and the scope of the first paragraph of Article 28 of the Communiqué on Principles Regarding Real Estate Investment Companies.”
The subject company was established with the title of “Emlak Konut Asansör Sistemleri Sanayi ve Ticaret Anonim Şirketi” and was registered by the Istanbul Trade Registry Directorate on February 16, 2021. Our company owns all the shares representing the capital of Emlak Konut Asansör Sistemleri Sanayi ve Ticaret Anonim Şirketi.”
Making a capital investment of 50 million TL for the elevator company, Emlak Konut GYO aims to manufacture, sell and market, install, maintain, repair,
import and export all kinds of elevators, escalators, moving walks and belt conveyors.
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