In 50 Words: Kokusai Electric plans IPO, may be Japan's biggest in 5 years

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In 50 Words: Kokusai Electric plans IPO, may be Japan’s biggest in 5 years

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In 50 Words: Kokusai Electric plans IPO, may be Japan’s biggest in 5 years

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Kokusai Electric, which offers manufacturing equipment for semiconductors, intends to list on the Tokyo Stock Exchange on October 25.

At an indicative price of about US$12.75 per share, the firm’s IPO could be Japan’s largest in five years, with shares totaling roughly US$750 million and a market value of US$2.9 billion.

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