Japanese FX broker Hirose inches closer to initial public listing, sets offer price at ¥830 per share

Further to LeapRate’s earlier report about Japanese Forex and binary options broker Hirose planning to float on the Tokyo Stock Exchange JASDAQ (Standard), the company has published details about the listing.

As previously reported, the initial listing is scheduled for March 18, 2016, with the broker to be listed under the ticker 7185 (ISIN JP3798800003).

The latest numbers obtained from LeapRate show the offer price is set at ¥830 per share.

The authorized total number of shares to be issued is 18,124,000 shares, whereas the number of Outstanding Shares (incl. treasury shares) at the time of listing is 5,101,000 shares. (The number of shares per unit is 100 shares).

The principal underwriting participants are: Nomura Securities Co.,Ltd.; SMBC Nikko Securities Inc. ; SMBC Friend Securities Co., Ltd.; Okasan Securities Co., Ltd.; Mizuho Securities Co., Ltd.; Daiwa Securities Co. Ltd.; SBI SECURITIES Co., Ltd.; IwaiCosmo Securities Co., Ltd.; ACE SECURITIES CO., LTD.; and Mito Securities Co., Ltd.

You can view the report by clicking here.

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