ISTANBUL – Anatolia News Agency
DO&CO Restaurants and Catering, one of the world’s leading companies in airline and international events catering, has received a record demand to be traded on the Istanbul Stock Exchange, or ISE.
The company received demand worth 1.14 billion Turkish Liras from domestic and foreign markets last Thursday and Friday, according to a statement Tuesday from the company.
A total of 26.1 million demands from 1,084 investors have been collected for a total of 2.7 million shares.
Shares of the company are expected to start being traded on the ISE with DOCO code this Thursday.
The company, which was established by Attila Doğu, a Turkish businessman in Vienna in 1981, first began trading on the stock exchange of the Austrian capital.
DO&CO’s 47.05 percent shares will be opened to public. The company will publicly offer shares totaling 28.9 percent of the company on the ISE and 18.15 percent on the Vienna exchange.