The Fund Board Convened: 'Payments of 6.4 Billion TL Were Made to 43,643 investors.'
19 Articles
19 Articles
The Presidency's Communications Directorate announced that the Fifth Fund Board Meeting was held under the chairmanship of the Vice President. According to the statement, 6.4 billion TL was paid to 43,643 investors in the funds managed by A1, Bulls, and Pardus.
The Presidency of Communications announced the latest situation regarding the liquidation process of investment funds managed by A1, Bulls, and Pardus. According to the announcement, the liquidation of 40.5 billion Turkish lira in in-kind and cash assets belonging to 45,745 investors in 66 funds managed by the three portfolio companies will be completed by the end of the week.
Following the Fund Board Meeting held in Beştepe, payment details and new legal steps regarding investment funds in liquidation were shared with the public. As a result of the meeting, it was reported that billions of liras were transferred to thousands of investors through Ziraat Bank, and the liquidation schedule for the remaining funds was accelerated.
A statement from the Presidential Communications Directorate announced that the Fifth Fund Board Meeting had been held, adding: "Last week, Ziraat Bank paid a total of 6.4 billion TL to 43,643 investors in funds managed by A1, Bulls, and Pardus. The liquidation process for the remaining 49 funds of these three portfolio management companies, totaling 34.1 billion TL, is expected to be completed by the end of this week."
The Fund Coordination Board met for the fifth time. It was stated that payments totaling 6.4 billion lira have been made to 43,643 investors. The article "Fund Board Meets for the Fifth Time. 6.4 Billion Lira Paid to 43,643 Investors" was first published on Serbestiyet.
The Presidency's Communications Directorate announced that the fifth meeting of the Fund Board has been held. The statement indicated that the goal is to complete the liquidation process, totaling 40.5 billion Turkish Lira, involving 45,745 individuals in 66 investment funds managed by three portfolio management companies, by the end of this week.
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