Date: November 19, 2018
SAHA Corporate Governance and Credit Rating Services, Inc. ("SAHA"), which is authorized to carry out ratings in accordance with the Corporate Governance Principles by the Capital Markets Board (CMB) in Turkey, revized the Corporate Governance Rating of our Company as 9.29 out of 10 (92.88%), before it was 9.31 (93.09%).
According to Corporate Governance Principles of the CMB, the weighted sub-categories are “Shareholders: 25%”, “Public Disclosure and Transparency: 25%”, “Stakeholders: 15%”, “Board of Directors: 35%” the breakdown of the corporate governance rating graded as 9.31 by sub-categories are stated as "88.18", "94.40", "98.33" and "93.42" respectively.
As a result of rating process which is based on The Corporate Governance Principles, SAHA Inc. assigned grade as 9.31 which is a significant aspect of our compliance with the principles of The Corporate Governance, the report has been released on our Company’s website www.pinar.com.tr.
Respectfully submitted.
Best Regards,
PINAR ENTEGRE ET VE UN SANAYİİ A.Ş.
Date: August 17, 2018
An agreement has been signed between our company and SAHA Kurumsal Yönetim ve Kredi Derecelendirme Hizmetleri A.Ş. on August 17, 2018 regarding the renewal of our corporate governance rating score. SAHA A.Ş. is officially authorized to perform corporate governance rating in compliance with Corporate Governance Principals of Capital Markets Board. Validity term of the agreement is one year.
Date: June 7, 2018
In accordance with Communiquè II-17.1 of Capital Markets Board; a report is prepared for common and continuous related party transactions which are expected to occur also in 2018 and to reach more than %10 share stated in the Communiquè. The conclusion section of the report with respect to the terms and conditions of the transactions and comparison of them with market conditions, is as follows:
“In accordance with Article 10 of the Capital Markets Board's "Corporate Governance" Communiqué (II.17.1); Since the common and continuous transactions between our Company and its related parties Yaşar Birleşik Pazarlama Turizm ve Ticaret A.Ş and Çamlı Yem Besicilik, Sanayi ve Ticaret A.Ş. in 2018 fiscal period are expected to reach more than %10 share, which is stated in the Communiquè, the conditions of raw material purchasing transactions, the price determination method and the reasons behind the choice of this method are all explained and the state of the transactions against the market conditions were presented in this report.”
Date: April 19, 2018
The Company’s head office has been changed as below by April 19, 2018.
Kemalpaşa OSB Mah. Kuyucak Yolu Kümeevleri Sok. No 224/2 Kemalpaşa/ İZMİR
PINAR ENTEGRE ET VE UN SAN. A.Ş.
Date: April 13, 2018
In the General Assembly Meeting of Pınar Süt dated March 30, 2018, decision of the appointment of PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. to audit our Company's 2018 financial statements are registered by İzmir Trade Register Office on April 6, 2018 and it was announced 9558 numbered April 13, 2018 dated Trade Registry Gazette.
Date: April 6, 2018
The Company’s 2017 Ordinary General Assembly Meeting results, held on March 30, 2018, are registered by İzmir Trade Register Office on April 6, 2018.
Date : April 5, 2018
The Board of Directors resolved that in its meeting dated April 5, 2018 in accordance with II-17.1 Corporate Governance Communiquè regulations (Communiquè) of Capital Markets Board;
Audit Committee be comprised of two independent members and Mr. Kemal Semerciler be appointed as Head of Committee and Mr. Yılmaz Attila be appointed as Member,
Early Determination of Risks Committee be comprised of three members and Mr. Kemal Semerciler be appointed as Head of Committee and Mr. Yılmaz Gökoğlu and Mr. Cengiz Erol be appointed as Member,
Corporate Governance Committee also fulfill the tasks of the Remuneration Committee and Nominating Committee in accordance with the Communiquè and be comprised of four members and Mr. Kemal Semerciler be appointed as Head of Committee and Mr. Cengiz Erol, Mr. Yılmaz Gökoğlu and Mr. Gökhan Kavur be appointed as Members.
In the meeting dated April 5, 2018, Pınar Et Board of Directors resolved that, Ms. Emine Feyhan Yaşar be appointed as the Chairperson of the Board of Directors, Ms. İdil Yiğitbaşı be appointed as the Vice-Chairperson of the Board.