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JX Advanced Metals to Go Public on March 19

JX Advanced Metals to Go Public on March 19

   Tokyo, Feb. 14 (Jiji Press)--The Tokyo Stock Exchange on Friday approved the listing of JX Advanced Metals Corp., a wholly owned subsidiary of Eneos Holdings Inc., which is expected to debut on the TSE's top-tier Prime section on March 19.
   Eneos Holdings will sell 50.1 pct of its shares in the subsidiary, and the offering price is expected to be 862 yen per share. Proceeds from the sale could total up to about 460 billion yen. The company is considering using the proceeds to expand its liquefied natural gas development and increase shareholder returns.

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AFP-JIJI PRESS NEWS JOURNAL


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