The Capital Markets Board (SPK) Raised the Bar to 500 Million… Tera Makes a 40 Billion Move.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.7 Articles
7 Articles
Economy - Following the Capital Markets Board's (SPK) decision to raise capital requirements, Tera has made a remarkable move. The company has initiated steps to increase its registered capital ceiling by a full 1000 times, reaching 40 billion TL.
Breaking stock market news: Critical development regarding Turkey's largest investment funds: TERA announced that it has applied to the Capital Markets Board (SPK) to increase its registered capital ceiling by a thousandfold to 40 billion TL. The company also reported that its paid-in capital has been increased to 4 billion TL.
Following the Capital Markets Board's (SPK) amendment to the Investment Funds Guide, which introduced new criteria regarding the capital adequacy of portfolio management companies (PMCs), capital increase initiatives in the sector have accelerated.
A new era in capital markets: Following the Capital Markets Board's (SPK) increase in capital requirements, Tera makes a remarkable decision… The company has initiated steps to increase its registered capital ceiling by a full 1000 times, reaching 40 billion TL. The second step was to raise the paid-in capital to 4 billion TL.
Regulatory developments and improvements to the capital market can increase investor confidence in the Indonesian capital market.
The Capital Markets Board (SPK) has introduced new rules for investment funds and portfolio management companies. The number and investment limits of open-ended funds have been restricted, and new regulations have been introduced regarding companies' capital requirements and over-the-counter share sales.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
