|Traded as||BİST: GOLDS
Grey Market: GDASY
|Key people||Hasan Yalinkaya (Chairman, Sedat Yalinkaya CEO)|
|Products||Jewellery, Assayed Precious Metal Cards, Licensed Brand Goods|
Goldaş or Goldaş Jewellery is a Turkish jewellery fabricator and retail sales company. Goldaş markets its product offerings under multiple brand names including Goldas, Assortie, SilverD’sign, WeddingD’sign, Danthel, Chip Gold, and Chip Silver.
Goldaş Jewellery was founded in Istanbul, Turkey in 1993 by the Yalinkaya Group. In 1997, Goldaş was reorganized as a subsidiary of a new subsidiary Goldart Holding under a new company Yalinkaya Holding A.Ş..[note 1] 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. 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. 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.
In September 2009, Bank of Nova Scotia and Commerzbank filed suits against Goldaş for US$10.9 million and US$11.1 million, respectively. By April 2013, a judgment from the Bakırköy Commercial Court of First Instance in Istanbul had been made in favor of Commerzbank to force the bankruptcy of Goldaş; they announced their plans to appeal the verdict while still engaged with Bank of Nova Scotia in the Istanbul Anatolia Commercial Court of First Instance.
- 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 [PowerPoint Slides]. 10. www.britishcouncil.org Retrieved 2011-01-05.
- Precious Metals
- Brand Licensing
- Hürriyet Daily News and Economic Review
- The Anatolia News Agency
- Turkish Justice System
- www.reuters.com Company Profile Retrieved 2011-01-05
- www.goldas.com Corporate Milestones Retrieved 2011-01-06
- 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
- Referans. "Goldaş shares sold to three funds." June 26, 2009. www.hurriyetdailynews.com Retrieved 2011-01-06
- en.wikipedia.org Missing consignment of gold by Goldaş Retrieved 2011-01-05
- www.hurriyetdailynews.com Goldaş in deep trouble Retrieved 2011-01-05
- The Anatolia News Agency. "Court approves local jewelry firm’s default." April 3, 2013. www.hurriyetdailynews.com Retrieved 2013-06-03
|Wikimedia Commons has media related to Goldaş.|
- Official website
- Financial information on Goldaş
- Goldaş Regional office locations
- Goldaş articles from www.hurriyetdailynews.com
- Goldaş articles from ww.aa.com.tr (in Turkish)