1000 Investments Holding Becomes Stakeholder in Ufuk Investment

Foreks - 1000 Investments Holding (IS:BINHO) continues to expand its portfolio and grow in new areas as a shareholder of Ufuk Investment. In June 2024, 1000 Investments Holding announced that it had signed a contract to become a shareholder of Ufuk Investment (IS:UFUK) Management and Real Estate Inc. (“Ufuk Investment”), a company listed on Borsa Istanbul. As a result of the closing transactions on December 9, 2024, 1000 Investments Holding became the owner of a portion of Ufuk Investment shares.

Ufuk Investment has been active in the sector since 1995, aiming to provide financial leasing for machinery, equipment, land and sea vehicles, and other fixed assets. However, the focus of Ufuk Investment's activities has evolved to include investment, consultancy, trading, import, and export across all sectors. This significant move will allow 1000 Investments Holding to expand its portfolio and grow stronger in new areas.

Strategic collaboration and growth Kadir Abdik, CEO and Board Member of 1000 Investments Holding, stated the following about the matter: “Being a shareholder of Ufuk Investment is a crucial step aligned with our growth strategy. Holding shares in Ufuk Investment, which is traded on Borsa Istanbul, not only broadens our portfolio but also contributes to the diversification within it. We will continue to work for the future.”

Kadir Abdik further added: “We are focused on creating value for our investors and stakeholders. This step we have taken with Ufuk Investment will strengthen us further and open doors to new successes.”

This step marks significant progress for 1000 Investments Holding in solidifying its position in the sector by adopting an innovative and robust business model. With its expanding portfolio and strategic initiatives, 1000 Investments Holding aims to become one of Turkey's leading investment companies and continues its growth.