Sun Tekstil starts trading on Borsa İstanbul on May 20, 2022. Shares offered to the public will be traded on BIST STARS with the ticker code “SUNTK”.
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 Sun Tekstil at our Exchange.
The textile industry is among the most valuable areas where our country is leading globally, through exports and its contribution to employment in particular.
Sun Tekstil is one of the most well-established companies in the industry. The company shows its difference in the best way with its successful exports, quality, R&D and global production.
Fortunately, the financing obtained from the capital market through IPOs is turning into exports today. Moreover, by starting to be traded on Borsa İstanbul, the company will further increase its institutionalization, brand value and credibility.
Esteemed guests,
Sun Tekstil launches an outstanding IPO with a total IPO amount of 730 million TL. 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 Sun Tekstil to Borsa İstanbul family.”