The shares of Controlmatik, which could not repay its debts and was in debt restructuring negotiations with banks, were placed on the close monitoring market by Borsa Istanbul.
According to the statement made by Borsa Istanbul at night, the shares will be closed to trading in the constantly traded market today and will be transferred to the close monitoring market where trading can be done in limited hours tomorrow.
Controlmatik defaulted on two debt instruments last month and applied to Halkbank and Vakıfbank to restructure its debts.
In the statement made to KAP yesterday by Uzmanmatik, whose paid capital increase decision is awaiting approval from the regulatory authority, it was stated that the next meeting will be held on July 7, as there was not enough participation in the general assembly of the company to be held on June 4, and that the banking transactions of the company were delayed due to the general assembly’s failure to authorize.
The company also stated that it was late in paying some of the employee wages and that once the cash crunch is overcome, wage payments will be among the priority issues.
