Polisan Holding reported that the Competition Authority opened an investigation against Polisan Yapıkim Yapı Kimyasalları A.Ş., one of its subsidiaries.
Polisan Holding shared the following information on the Public Disclosure Platform.
Based on the notification made by Polisan Yapıkim Yapı Kimyasalları A.Ş. (Polisan Yapıkim), one of our subsidiaries; Polisan Yapıkim has been notified that the Competition Board has decided to open an investigation against some companies operating in the construction chemicals sector, including our subsidiary Polisan Yapıkim, in order to determine whether the undertakings operating in the construction chemicals sector have violated Article 4 of the Law No. 4054 on the Protection of Competition.
The opening of an investigation by the Competition Board cannot be interpreted as that the undertakings subject to the investigation have violated Law No. 4054 and that they are or will be subject to criminal sanctions under the Law.
Developments related to the subject will be shared with our investors within the framework of the regulations regarding the public disclosure of material events.