Reported about 8 hours ago
Tokyo Metro successfully raised 348.6 billion yen (approximately $2.3 billion) in Japan's largest initial public offering (IPO) in the last six years, pricing shares at the top of their range, driven by strong investor interest and a dividend yield of 3.3%. The offering, which was oversubscribed more than 15 times, will be listed on the Tokyo Stock Exchange on October 23, highlighting the company's robust financial performance and growth potential amid increasing passenger traffic.
Source: YAHOO