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

Published Wed, Oct 12, 2016 · 09:50 PM
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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 in an interview.

Investing in South-east Asia will be a fir…

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