Global semiconductor material supplier JX Advanced Metals seeks to raise approximately 460 billion yen (3 billion USD) through an initial public offering (IPO), which will be the largest IPO deal in Japan since 2018. The company is a subsidiary of oil giant Eneos Holdings Inc., and according to documents submitted to the Ministry of Finance, the guiding price is set at 862 yen per share. The company will be listed on the Tokyo Exchange on March 19. This transaction scale will surpass last year's large listing transaction by subway operator Tokyo Metro, making it the largest IPO deal since SoftBank went public in December 2018.

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半导体材料供应商JX Advanced拟筹30亿美元 将成日本2018年来最大IPO
The semiconductor materials supplier JX Advanced plans to raise 3 billion dollars, which will become Japan's largest IPO since 2018.
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