Borsa İstanbul’s Opening Bell Rang for Suwen Tekstil

Borsa İstanbul’s Opening Bell Rang for Suwen Tekstil
4/21/2022

Suwen Tekstil listed on Borsa İstanbul with the Opening Bell Ceremony held on April 21, 2022. Shares offered to the public started to be traded in the BIST STARS with the ticker code “SUWEN”.

In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:

“Distinguished guests,

Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Suwen Tekstil at our Exchange.

Operating in the textile sector for years with stores over seven regions of our country and abroad, the company distinguishes itself with its position in the sector and its future goals.

Besides providing financing, this IPO have many more benefits such as institutionalization, increased recognition and brand value for the company as it starts trading at Borsa İstanbul today by taking an important step to achieve this goal.

Institutionalization, recognition and brand value, in particular, are of utmost importance in terms of textile and retail industry. Thus, our investors who confide in company and want to take part in its future as partners will further consolidate the company.

Distinguished guests,

Suwen Tekstil launched an outstanding IPO with a total IPO amount of 425 million TL and a sale to 68 thousand investors.

On this occasion, I would like to extend my thanks to everyone who contributed to this successful IPO process, all company employees and the intermediary institution. I wish it to be auspicious for our capital markets. I would like to welcome Suwen Tekstil to Borsa İstanbul family.”