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Briefs: Tokyo Metro seeks to raise over US$2 bil in IPO; MMC Port said to weigh IPO; FHT's tax rate rises

The Edge Singapore
The Edge Singapore • 9 min read
Briefs: Tokyo Metro seeks to raise over US$2 bil in IPO; MMC Port said to weigh IPO; FHT's tax rate rises
A Tokyo Metro Co. subway station in Tokyo. Photo: Bloomberg
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Tokyo Metro’s IPO seeks to raise more than US$2 bil

The initial public offering (IPO) of Tokyo Metro Co, one of two subway operators based in Japan’s capital, is seeking to raise around JPY319.6 billion ($2.81 billion), boosting the country’s market for new listings.

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