JR Kyushu Seeks Southeast Asia Property Amid $4 Billion IPOBy and
Company’s initial share sale set to raise up to $4 billion
Shares scheduled to list on Tokyo Stock Exchange on Oct. 25
Kyushu Railway Co., the state-owned bullet-train operator seeking to raise as much as 416 billion yen ($4 billion) in an initial public offering, plans to reduce its reliance on Japan by investing in residential and office properties in Southeast Asia, its chairman said in an interview.
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