Kioxia IPO - Should Price at the Top, Though Peers Are Still Correcting
Kioxia Holdings (285A JP) is aiming to raise around US$840m (including over-allocation) in its Japan IPO. In this note, we talk about the IPO pricing.
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Kansai Electric US$3.5bn Deal Updates - Has Delivered a Decent Correction, as Compared to past Deals
Kansai Electric Power (9503 JP) plans to raise up to US$3.5bn (including over-allocation) to partly fund its investment plans. In this note, we...
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Tokyo Metro IPO Trading - Robust Demand for Quality Asset
Tokyo Metro (9023 JP)'s shareholders raised around US$2.4bn in its Japan IPO. In this note, we talk about the trading dynamics.
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Tokyo Metro IPO - Will Price at the Top, but Isn’t Particularly Cheap
Tokyo Metro (9023 JP)'s shareholders aim to raise up to US$2.4bn in its Japan IPO. In this note, we look at the valuation in the IPO price range.
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Tokyo Metro IPO - Thoughts on Valuation
The price range for the IPO has now been set at JPY1,100-1,200/share, which still looks fairly attractive in our view and would provide a good yield.
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