The ping-pong club owner is preparing for a direct listing on the Pro Market on March 30, allowing MTG Ventures to exit.

Tokyo Stock Exchange (TSE) has approved Ryukyu Asteeda Sports Club, a Japan-based professional table tennis club backed by brand developer MTG, for a direct listing.

The listing will take place on TSE’s Pro Market, a financial instruments exchange market only available to professional investors, on March 30.

Founded in 2018, Ryukyu Asteeda Sports Club runs Ryukyu Asteeda, a ping-pong team based in the Japanese prefecture of Okinawa located on the Ryukyu Islands, which forms part of a professional table tennis…

Edison Fu

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