Japan Post Holding Co. climbed as much as 19 percent from its 1,400-yen IPO price, to 1,665 yen per share, Tokyo Stock Exchange data showed. That made mushroom cultivator Yukiguni Maitake Co., which raised $409 million, the biggest Tokyo IPO of 2020, followed by musical instruments maker Roland Corp. and business consulting provider Direct Marketing MiX Inc. Japan’s Hottest Tech IPO in 5 Years Shows Retail Trading Fever. raised about ¥2.3 trillion in 1987. Japan Post will announce the details of the IPO as soon as Thursday, with a view to listing the holding company and two units on the exchange on Nov. 4, the people said. TOKYO -- When government-owned Japan Post Holdings and its two financial units go public simultaneously on the Tokyo Stock Exchange in November, it … Japan Post Bank also … went public in 1998, raising ¥2.1 trillion. Japan Post Insurance is preparing a ¥300 billion (US$2.9 billion) share buy back from its parent Japan Post Holdings, according to several major media outlets. However, trumping both the companies, shares of Japan Post Insurance rocketed 55.9 percent to 3,430 yen. TOKYO—A week after shares of its banking and insurance units drew strong appetite from individual investors, parent Japan Post Holdings Co. priced its own initial public offering at the top of the proposed range Monday amid high expectations for Japan’s biggest share offering in nearly two decades. Shares in the financial units were also offered at the maximum last week. NYSE to Delist Chinese Telco Giants on U.S. Executive Order, U.S. Jobless Claims Post Surprise Drop, Shadowed by Virus Risks, N.Y. and California End Year Shattering Records: Virus Update, Singapore and Malaysia Terminate High Speed Rail Project, Faster-Spreading Covid Strain Affects Young the Most, Study Says. There is information about IPO Date,Lead Underwriter,Unit, business descriptions. Shares of Japan Post Holdings surged 26%, while the bank and insurance subsidiaries climbed 15% and 56%, respectively. Some investors, however, have raised questions about Japan Post Holdings’ future business, as profits have come overwhelmingly from the banking and insurance units, which will go public at the same time. The IPOs would also amount to the largest share sale of a government-owned company since The average initial pop for IPOs in the Japanese market this year was nearly 130%, the most since 1999. Japan Post Holdings had been offered at 1,100 yen to 1,400 yen a share. It said demand exceeded the number of shares offered. If your browser does not support stylesheets, the use of structured semantic markup ensures that the content of each page is still readable and clearly structured. Search Archive: Download all hi-resolution files Contact | Log in (ignore if already logged in) | Send to a Friend. It said demand exceeded the number of shares offered. The date of the IPO is the 4th of November. Japan Post Holdings rose 3.5 per cent, paring this year's decline to 21 per cent. Japan Post Holding Co. climbed as much as 19 percent from its 1,400-yen IPO price, to 1,665 yen per share, Tokyo Stock Exchange data showed. Oct. 27, 2015 06:45 am JST Oct. 27, 2015 | 06:53 am JST 0 Comments By Taiga Uranaka. The move comes after a … Japan Post alone raised 693 billion yen ($5.7 billion), more than First Data's ( FDC ) listing earlier this month. Choisissez parmi des contenus premium Japan Post Plans Ipo In 3 Years That May Exceed 50 Billion de la plus haute qualité. Japan Post Bank and Japan Post Insurance will each offer 11% of their shares outstanding, raising about ¥598 billion and ¥145 billion, respectively. Shares of Japan Post Holdings Co. jumped 26 percent during the first day of its maiden trading to 1,760 yen at the close of trading on Wednesday in Tokyo. — With assistance by Yang Brandon Sim, and Zhen Hao Toh. SoftBank shares now stand below their IPO price. Official Japan Post Holdings Global Site. Japan Post Bank shares closed down 3.2 per cent at Y1,718, Japan Post Insurance contracted 4.1 per cent to Y3,730, and Japan Post Holdings lost 3.6 per cent to Y1,755. At the time of the IPO, Japan Post Holdings pledged investors that additional shares will not be sold within a certain period under an agreement called a “lock-up”. It said demand exceeded the number of shares offered. After taking orders, state-owned Japan Post Holdings priced its IPO at ¥1,400 ($11.53) a share. Stay-at-home tech plays and cloud computing upstarts especially found 2020 to be the perfect time to tap the public markets. Japan Post plans to break up and sell parts of Toll Group, the Australian logistics business it bought in an ill-fated $5bn acquisition in 2015, according to people with direct knowledge of the talks. Zloty Drops as MPC Signals Weaker Currency, Possible Rate Cu... Munis Set for Seventh Straight Year of Gains Amid Record Sup... New share opening gains averaged 130% in 2020, most since 1999, AI stock surged 1,000%, image-recognition issue climbed 800%. The Tokyo Stock Exchange has confirmed that Japan Post Holdings and its units Japan Post Bank Co. and Japan Post Insurance Co. are scheduled to be listed on 4 November. State-owned Japan Post Holdings and its two financial units, Japan Post Bank Co and Japan Post Insurance Co, have received approval for an initial public offering (IPO) from the … Japan Post Holdings prices IPO at top of range, raising Y693 bil. 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