Nexon, a South Korean online games developer, aims to raise up to Y100bn ($1.3bn) in an initial public offering in Tokyo, which would be the largest Japanese IPO this year, according to a person close to the plans.
The group, which has operations in Japan and China and is expanding into Indonesia, India and the Middle East, is likely to be listed on the Tokyo Stock Exchange in mid-December with a market value of about Y600bn. ...Financial Times 11/7/2011 [en]
memo
- It is very rare for Korean startup going IPO on Japanese stock market. The market value is the same level as Gree.
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