The initial public offering (IPO) of Boğaziçi Beton Sanayi ve Ticaret A.Ş., one of the leading ready-mixed concrete and aggregate producers in Istanbul and Turkey, has been completed. The Opening Bell Ceremony of Boğaziçi Beton, which started to be listed on BIST Stars Market on June 3, 2021 with BOBET.E code, took place on Wednesday, June 16.
Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş. , stated as follows: “We are having a productive year in terms of initial public offerings. Companies from various sectors offered to the public. Investors show their willingness to take part in the future of companies as partners. Today, we are together at the ceremony Boğaziçi Beton being listed on our stock exchange. I can proudly express that Borsa İstanbul is one of the most liquid stock markets in the world and the interest of investors in our stock market consistently rises. Ergun further said: “I would also like to note that the preparation process of IPO’s requires excessive effort. The company, the brokerage firm and all other stakeholders have devoted efforts. As Borsa İstanbul and CMB, we support these devoted efforts, attempt to assist at every stage and display sensitivity. Boğaziçi Beton also made a successful IPO exerting every effort. I congratulate the managers and employees of the company who contributed to this IPO. I would also like to express my gratitudes to Vakıf Yatırım, experts of the Stock Exchange and CMB. I wish all the best for our capital markets.
The CEO of Boğaziçi Beton Sanayi ve Ticaret A.Ş. Abdurrahim Zengin said: “We made our investments meticulously. Today we gathered here for our IPO which is a significant outcome of our meticulous and concrete steps. Our country is located on a seismic belt. As the Boğaziçi Beton family we aspire for a future of a safe and sustainable urbanization. We will endeavour to achieve this goal by taking stronger steps with the support we receive from our investors who joined us with our IPO.”
