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Turkish Capital Markets Board freezes Tera Investment voting rights over failed mandatory tender offer

The board also suspended trading of some shares after Tera Investment Holding failed to complete its mandatory bid for Peker GYO.

Sources: İz Gazete, Sonsöz Gazetesi, Serbestiyet, Medyascope4 sources ↓|· 1 min read
Turkish Capital Markets Board freezes Tera Investment voting rights over failed mandatory tender offer
Photo: İz Gazete

KEY POINTS

  • SPK froze voting rights of Tera Investment Holding and affiliated firms
  • Trading of some shares on Borsa Istanbul was suspended
  • Tera failed to complete mandatory tender offer after taking control of Peker GYO
  • Sonsöz says affected investors may seek legal remedy

Turkey's Capital Markets Board (SPK) froze the voting rights of Tera Investment Holding and some affiliated companies and funds. The decision came after Tera failed to fulfill its mandatory share tender obligation following its acquisition of management control of Peker Real Estate Investment Trust (GYO).

The board also decided that trading of certain shares on Borsa Istanbul would be suspended.

“Investors who suffered losses may apply to the courts.”

— Sonsöz Gazetesi

Sonsöz Gazetesi reported that investors who suffered losses may apply to the courts.

Iz Gazete published its report at 21:08 on October 19, 2026, while Sonsöz Gazetesi followed at 23:22 the same day.

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