Özak starts trading on bourse

ISTANBUL

Özak GYO began trading for the first time yesterday on the Istanbul Stock Exchange (İMKB).

“With this initial public offering (IPO), we hope to secure financing for our brand-new short-term and long-term projects,” said Özak GYO Executive Board President Ahmet Akbalık.

İMKB President İbrahim Turhan said this was the first IPO of the year in the corporate products market.