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JR Kyushu invests in S-E Asia property to cut reliance on Japan

Thursday, October 13, 2016 - 05:50

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Mr Karaike says that JR Kyushu is looking to South-east Asia to help diversify and increase its revenue.

Tokyo

JR KYUSHU Railway Co, the state-owned bullet-train operator seeking to raise as much as 416 billion yen (S$5.5 billion) in an initial public offering (IPO), plans to reduce its reliance on Japan by investing in residential and office properties in South-east Asia, its chairman said

sentifi.com

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