SOCAR Turkey Enerji A.S. sold 1.32% stake in Petkim Petrokimya Holding Anonim Sirketi (IBSE:PETKM) for TRY 87.9 million on March 8, 2017. Under the terms of the transaction, SOCAR Turkey Enerji sold the minority stake at TRY 4.44 per share. Subsequent to the sale, SOCAR Turkey Enerji's direct and indirect stake in Petkin decreases to 51% from 52.32%. SOCAR Turkey Enerji A.S. completed the sale of 1.32% stake in Petkim Petrokimya Holding Anonim Sirketi (IBSE:PETKM) on March 8, 2017.