Sale of Tangible Fixed Asset | 31/07/2012

31.07.2012

Sale of Tangible Assets

Explanation of the Material Disclosure/Disclosures:

Type of the Tangible Asset Sold : Immovable property
The Location and Square Meter of the Tangible Asset Sold : Immovable plot registered at the City of İstanbul, Beyoğlu District, Hacımimi Quarter, Karınca Çıkmazı, Section No. 115, City Block no. 127, Lot no. 28
Date of the Resolution of the Board of Directors regarding the sale : 28/09/2011
Total Sale Price : 2.550.000 TL
Ratio of the Sale Price to the Subscribed Capital (%) : 0.23       
Ratio of the Sale Price to Total Assets indicated in the latest Publicly Disclosed Financial Table of the Bank (%) : 0.03
Ratio of the Sale Price to the Net Tangible Assets Value indicated in the latest Publicly Disclosed Financial Table of the Bank (%) : 29,27
Sales Terms : Nakit
Final Completion Date : 31.07.2012
Purpose of the Sale and Effects to the Company’s Activities : The sale was carried out in order to liquidate the immovable property recorded in the assets of the company and does not have any direct effect on the activities and operations of the Company.
Amount of Sale Profit/Loss of the Tangible Asset : To be determined after cost accounting.
If any, how such Sale Profit will be utilized : To be resolved by the Board of Directors.
The Date of the Resolution of the Board of Directors regarding the Utilization of the Sale Profit : -
Counter Party : Çağdaş Plan Turizm ve İnşaat Endüstrisi Limited Şirketi
Relation to the Counter Party : None
Appraisal Method for the Tangible Asset : Appraisal Report
Has an Appraisal Report been issued : Issued
If not, the reason thereof : -
The Amount reported on the Appraisal Report, if issued : Market value 1.410.000 TL, project value 2.200.000 TL
Market value 1.410.000 TL, project value 2.200.000 TL : -

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