Techno Mathematical hits circuit-breaker limit intraday after applying for dual listing on Fukuoka Stock Exchange
Techno Mathematical Co.,Ltd. <3787> shares briefly hit their daily limit-up in afternoon trading, rising 80 yen to 360 yen, after the company announced around 11:30 a.m. today that it has applied for a dual listing on the Fukuoka Stock Exchange's main market. The move sparked heavy buying as a countermeasure to the company's upcoming delisting from the Tokyo Stock Exchange Standard Market, scheduled for October 1. Techno Mathematical stated that the Fukuoka listing is intended to preserve trading opportunities for its retail investors, who comprise more than 90% of its total shareholder base. The company added that regulatory approval and the exact timing of the new listing have yet to be finalized.
- Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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