Olive oil producer Lio Yag revealed plans yesterday [Tuesday] to increase its issued capital to 33 trillion Turkish lira (US$21.2m) from 16.5 trillion lira.
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The company’s management board has decided that the increase will be carried out through a rights issue.
According to the Turkish News Digest, Lio Yag raised its issued capital to 16.5 trillion lira from 2.2 trillion lira on 26 March this year.
