SPK announces payments for liquidated funds
Türkiye’s Capital Markets Board (SPK) announced that payments will be made to investors whose buy and sell orders for funds under liquidation were submitted to TEFAS on September 17 but later cancelled.
Payments will be made from the liquidation balance in proportion to each investor’s ownership of participation units in the relevant fund.
Orders submitted to TEFAS on or before September 16 that could not be executed due to the fund’s default or failure to announce a price will also be included in the liquidation process.
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