Karsu Tekstil's 300% Rights Issue Starts Tomorrow

Following the approval of the Capital Markets Board (CMB), Karsu Tekstil will increase its issued capital by 300% through a rights issue, raising it from TRY 35.1 million to TRY 140.4 million. The subscription period for existing shareholders' pre-emptive rights will officially begin on Monday, August 3, and will continue for 15 days. In the rights issue, current shareholders will have the right to purchase new shares in proportion to their existing holdings. The subscription price and terms have been determined in accordance with the principles previously announced by the company. Investors must ensure sufficient funds are available in their accounts during the relevant period to exercise their rights. The process aims to strengthen the company's capital base and finance its growth targets. With the capital increase, Karsu Tekstil's financial structure is expected to become more robust and its operational activities to gain momentum. Investors are advised to closely monitor the rights subscription process and exercise their rights in a timely manner. Failure to exercise rights will result in the loss of the opportunity to acquire new shares and may lead to dilution of existing holdings. This is not investment advice.