Update on the disclosure regarding the contracting contract signed as partner by our subsidiary Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş.
It had previously been announced to the public that the joint venture which our subsidiary Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş. has 50% share of, had undertaken the "Kaynarca-Pendik-Tuzla Subway Construction and Electromechanic Systems Procurement, Assembly and Commissioning Works" project to the İstanbul Metropolitan Municipality Directorate of Asian Side Rail Systems by the contract signed on the date 14.04.2017 and the total sum of the contract regarding the work undertaken (VAT excluded) was 1.613.815.000 TL.
We have been notified by the statement sent by the Employer Administration via facsimile that the mentioned tender has been cancelled.
We state that our above disclosure is; in accordance with the principles in Capital Market Board's disclosures communiqué in effect, fully reflects our information in the related subject(s), the information is in accordance with our records and documents, we demonstrate all necessary efforts to obtain all information regarding the subject fully and accurately, and that we are responsible of this disclosure.
Alarko Holding AS published this content on 02 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 January 2018 13:54:02 UTC.
Original documenthttps://www.alarko.com.tr/download/5919
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Alarko Holding AS is a Turkey-based holding company, which is active in the energy, construction, manufacturing, tourism, real estate, agriculture, and financial sectors. The Company's main activities are divided into three groups; construction, energy, and manufacturing. In the construction group, it is involved in various kinds of construction projects, such as airports, highways, subways, light rail systems, energy facilities, pipelines, treatment plants, business centers, residential buildings, hotels, and hospitals. In the energy group, Alarko Holding is active in all steps, including electric power generation, power plant management, electricity distribution, and wholesale and retail sale of electricity. In the manufacturing group, it designs, manufactures, and wholesales heating, ventilating, and air conditioning machinery and equipment. Besides these three main groups, it operates hotels, involves venture capital investments, and produces agricultural chemicals.