The KDDI and Sinar Mas-backed video streaming platform developer is scheduled to float on the Tokyo Stock Exchange’s Growth Market on April 27 at a valuation of approximately $51m.

Moi Corporation, the Japan-based livestreaming platform developer that counts telecommunications firm KDDI and conglomerate Sinar Mas among its investors, secured approval today to list on the Tokyo Stock Exchange (TSE).

The flotation is set to take place on TSE’s Growth Market on April 27, and the company will issue approximately 1 million shares, with just over 354,000 additional shares reserved for the overallotment option.

The price range will be determined on April 8, four days before the one-week bookbuilding…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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