The Fukuoka Stock Exchange (FSE) announced on November 25 that it approved five companies for listing on its new pro-investor market, the “Fukuoka Pro Market” (FPM), set to launch on December 16. Among the approved companies, one is based in Kyushu. Additionally, two more companies have submitted listing applications, potentially bringing the total to seven at FPM’s launch.
The approved companies include Life Create, a Kitakyushu-based firm specializing in the resale of used tools, and NICS, a system development company from Okayama Prefecture. All five companies are already listed on the Tokyo Pro Market, a similar market operated by the Tokyo Stock Exchange. Philip Securities will serve as the designated “F Advisor,” responsible for listing reviews and support for all FPM companies.
FPM aims to attract companies seeking to strengthen their presence in Kyushu and to use the market as a stepping stone to FSE’s other markets, such as the emerging Q-Board or the main trading market. For the two pending applications, FSE will issue decisions within ten business days. Source: Fukuoka Stock Exchange
Photo by Wikimedia Commons
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