Minister Bayraktar's statement on the public offering of 5 public companies

Turkish Energy and Natural Resources Minister Alparslan Bayraktar said the government plans to publicly list five state-owned energy and mining companies, part of a push to strengthen them and make them globally competitive through structural reforms. The IPO timetable for the five firms will be clarified in the coming period, he said, without giving a date or deal size. The move signals Ankara's intent to bring more state assets to market and deepen the Borsa Istanbul equity base. Investors will watch for the formal timetable, which companies are included and valuation details.