JR Kyushu seeks Southeast Asia property amid $4b IPO

JR Kyushu seeks Southeast Asia property amid $4b IPO

Japan Railway's N700 bullet train stands at a platform of Tokyo Station in Tokyo in this July 6, 2007 file photo. REUTERS/Toru Hanai/Files

Kyushu Railway Co., the state-owned bullet-train operator seeking to raise as much as 416 billion yen ($4 billion) in an initial public offering, plans to reduce its reliance on Japan by investing in residential and office properties in Southeast Asia, its chairman said in an interview.

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