Tag - ipo

 
 

IPO

While the prospect of Eneos Holdings offloading a majority stake in JX has been mooted for years, it is coming closer to reality amid a hot market for share sales in Tokyo.
BUSINESS / Companies
Dec 19, 2024
Eneos considers IPO of up to 70% of JX Advanced Metals
Japan has seen the highest volume of IPOs this year since 2018.
Nobuo Hayasaka, president of Kioxia Holdings, reacts after striking a bell during the company's listing ceremony at the Tokyo Stock Exchange in Tokyo on Wednesday.
BUSINESS / Companies
Dec 18, 2024
Chipmaker Kioxia surges 12% in Tokyo debut after jumbo IPO
Shares in the producer of NAND memory chips extended gains in afternoon trading after initially dropping, valuing the firm at ¥877 billion ($5.7 billion).
Kioxia Holdings will debut on the market Wednesday, but its initial public offering may get a cooler reception than anticipated.
BUSINESS / Companies
Dec 17, 2024
Chipmaker Kioxia faces a tough debut in Tokyo’s busy IPO arena
Investment in Kioxia faltered as parent Toshiba wrestled with years of scandals and crippling losses at nuclear giant Westinghouse, making it a shadow of its former self.
Mao Geping, chairman of Mao Geping Cosmetics Co., gestures during the company's listing ceremony at the Hong Kong Stock Exchange on Tuesday.
BUSINESS / Companies
Dec 11, 2024
China makeup mogul is a billionaire after hot Hong Kong debut
Mao Geping's namesake skincare and cosmetics firm, which listed Tuesday, raised HK$2.3 billion ($300 million) in its initial public offering.
Kioxia priced its stock at ¥1,455 ($9.6), at the middle of the price range it proposed before the IPO.
BUSINESS / Companies
Dec 10, 2024
Kioxia’s jumbo IPO shows weak sign contrary to booming market
The Bain Capital-backed memory-chip manufacturer priced its stock at ¥1,455 ($9.6), at the middle of the price range it proposed before the IPO.
The Tokyo-based company Kioxia Holdings’ IPO price was ¥1,455, right at the middle of its range. That valued the firm at ¥784 billion ($5.2 billion).
BUSINESS / Companies
Dec 9, 2024
Bain-backed Kioxia sets IPO price, valuing memory maker at $5.2 billion
The Tokyo-based company’s IPO price was ¥1,455, right at the middle of its range.
A view of the city skyline and Huangpu river in Shanghai on Feb. 24, 2022
BUSINESS / Markets
Nov 25, 2024
China's startups suffer as investors exercise redemption rights
The situation conflicts with the government's resolve to foster innovation and achieve technological self-reliance in systemically important industries.
With its initial public offering, Kioxia is valuing the company at ¥750 billion.
BUSINESS / Companies
Nov 22, 2024
Japan chipmaker Kioxia IPO set for next month
Formerly the semiconductor unit of Japanese engineering giant Toshiba, the company is the world's third-largest producer of NAND flash memory chips.
Chipmaker Kioxia, formerly Toshiba Memory, is reportedly targeting a December IPO.
BUSINESS / Markets
Nov 21, 2024
Chipmaker Kioxia to receive market listing approval, sources say
Bain-backed Kioxia will have a market value of about ¥750 billion ($4.84 billion) based on the indicative price for its initial public offering.
NAND flash memory maker Kioxia plans to use a new method for listing in Japan that would fast-track its oft-delayed initial public offering. Both the price and size of the stake to be floated were undecided, according to a filing Friday.
BUSINESS / Tech
Nov 9, 2024
Kioxia files for long-delayed IPO as Samsung’s lead grows
The NAND flash memory maker plans to debut on the Tokyo Stock Exchange between this December and June next year.
The Tokyo Stock Exchange. Rigaku Holdings' shares fell on debut, even after the results of its offering suggested that investors still have an appetite for big Japanese stock deals in a busy primary market.
BUSINESS / Companies
Oct 25, 2024
Rigaku shares fall 10% in market debut after IPO priced at the top
Rigaku shares closed at ¥1,130 after the initial public offering had been priced at the top end of a ¥1,230 to ¥1,260 indicative range.
A monitor shows Tokyo Metro's opening price on Wednesday morning in Tokyo.
BUSINESS / Companies
Oct 23, 2024
Tokyo Metro shares surge in trading debut after strong IPO
Proceeds from the IPO will redeem reconstruction bonds issued after the 2011 earthquake, tsunami and nuclear disaster in northeastern Japan that killed 18,000 people.
Ticket vending machines at a Tokyo Metro subway station. Tokyo Metro's network connects with nine of the 10 busiest stations in the capital.
BUSINESS / Companies
Oct 22, 2024
Tokyo Metro might be too much railroad for some investors
With over 80% of its operating profit coming from carrying passengers on trains, critics are concerned about its nonrailway business.
An electric stock board at the Tokyo Stock Exchange, operated by Japan Exchange Group, in Tokyo on April 19
BUSINESS / Markets
Oct 21, 2024
Asian IPOs set for blockbuster week as ‘animal spirits’ return
Asian markets are seeing a return of "animal spirits," or changes in market behavior often driven by emotions.
Tourists watch the sunset from the beach in Seminyak, Bali, Indonesia. An IPO by Holywings Group, owner of the luxurious three-hectare Atlas Beach Club in Bali, would add to as many as 95 companies planning to list in Southeast Asia’s biggest stock market, according to data from the Financial Services Authority.
BUSINESS / Companies
Oct 17, 2024
Owner of Bali’s biggest luxury beach club considering IPO to expand across Asia
The IPO would add to as many as 95 companies planning to list in Southeast Asia’s biggest stock market, according to data from the Financial Services Authority.
Tokyo Metro priced its shares at ¥1,200 apiece. It is expected to list on the Tokyo Stock Exchange on Oct. 23.
BUSINESS / Companies
Oct 15, 2024
Tokyo Metro raises $2.3 bln in Japan's biggest IPO in 6 years
The subway operator priced its shares at the top of its provisional range of ¥1,100 to ¥1,200, a regulatory filing from the company showed on Tuesday.
Kioxia has undergone years of upheaval and the attempt to list the company is closely watched as a test case for buyout firms in Japan where more companies are selling non-core assets or going private.
BUSINESS / Companies
Oct 14, 2024
Bain sought $10 billion valuation for Japan's Kioxia, but investors only wanted to pay half
The valuation gap complicates the buyout firm's effort to exit its six-year-old investment in Kioxia.
Infcurion offers technology powering a range of payments services such as digital wallets and credit cards.
BUSINESS / Companies
Oct 11, 2024
Japanese payments company Infcurion says planning IPO in 2025
Infcurion, founded in 2006, offers technology powering a range of payments services such as digital wallets and credit cards.
Tokyo Metro is seeking to raise at least ¥319.6 billion at a time when the nation’s equity market is showing signs of recovery.
BUSINESS / Companies
Oct 8, 2024
Tokyo Metro unveils range for biggest Japan IPO since 2018
The price range of ¥1,100 to ¥1,200 values the subway operator at between ¥639.1 billion and ¥697.2 billion.
Kioxia Holdings was reportedly planning an initial public offering in October valuing it at $10 billion.
BUSINESS / Companies
Sep 25, 2024
Kioxia reportedly pulls IPO as AI winter looms
The IPO delay comes as the chip business globally faces a number of challenges related to possible overcapacity in some products.

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