In today’s briefing:
- FineToday (289A JP): Fine In May & June 2025 for Global Index Inclusion
FineToday (289A JP): Fine In May & June 2025 for Global Index Inclusion
- FineToday Holdings Co Ltd (289A JP) is scheduled to be listed on 17 December 2024, at the prime market of TSE at an expected valuation of ~$1.5bn.
- Addition to the small-cap segment of both global indices is forecasted to take place at the May and June 2025 quarterly reviews.
- Full exercise of the greenshoe can increase free float from 35% to 45% hence the security’s passive fund demand upon inclusion.