Turkish law provides shareholders of a joint stock corporation with certain rights fairly typical of those found in virtually all corporate codes throughout Europe and North America. These include voting rights in general assembly of shareholders' meetings, rights to collect dividends, pre-emptive rights, the right to subscribe for new shares, and the right to collect liquidation proceeds. While some of these rights are strictly attached (that is, personal) to the shareholder, some of them are also available to pledges of shares or usufruct rights holders.
June 30 2008