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Goldaş
Goldaş or Goldaş Jewellery is a Turkish jewellery fabricator and retail sales company.〔(www.reuters.com Company Profile ) Retrieved 2011-01-05〕 Goldaş markets its product offerings under multiple brand names including Goldas, Assortie, SilverD’sign, WeddingD’sign, Danthel, Chip Gold, and Chip Silver. ==History== Goldaş Jewellery was founded in Istanbul, Turkey in 1993 by the Yalinkaya Group.〔(www.goldas.com Corporate Milestones ) Retrieved 2011-01-06〕 In 1997, Goldaş was reorganized as a subsidiary of a new subsidiary Goldart Holding under a new company Yalinkaya Holding A.Ş..〔For the date of company reorganization, see (www.yalinkaya.com Corporate Milestones ) Retrieved 2011-01-05 For structure of new company, see Arslaner, S. (n.d.). Corporate Social Responsibility And Initial Public Offerings (Slides ). 10. (www.britishcouncil.org ) Retrieved 2011-01-05.〕 From 1998 to 2008, Goldaş saw rapid growth as a company as measured by a 5,609% increase or $955 million in its turnover and was recognized by CNBC-e Business Magazine as first among Turkey's 100 fastest growing companies.〔The Anatolia News Agency. "Turkey's fastest growing 100 companies." October 4, 2009. (www.todayszaman.com ) Retrieved 2011-01-06〕〔Ӧzer,F., Işık, E. "En Hizli Büyüyen 100 Şirket." Anadolu Agency. (www.aa.com.tr ) Retrieved 2011-01-06〕 On January 22, 2009 and January 23, 2009, Goldart Holding bought 1.6 million shares of public stock to increase its stake to 55.5% or 80 million shares of Goldaş.〔Referans. "Goldaş shares sold to three funds." June 26, 2009. (www.hurriyetdailynews.com ) Retrieved 2011-01-06〕 After the stock appreciated by 59% in three months time, Goldart Holding sold 11.4 million shares of Goldaş for 14.14 million Turkish liras to three investment funds: Regulus Emerging Market Fund, Neos Emerging Capital Investment, and Porrima Investment.〔
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