Japanese team said to visit Saudi Arabia to discuss Aramco listing

19/12/2016 Argaam

A delegation from the Tokyo Stock Exchange plans to visit Saudi Arabia to discuss the possible listing of Saudi Aramco shares on the exchange after the oil company’s initial public offering (IPO), Japan Broadcasting Corporation (NHK) said citing unnamed sources.

 

The chief executive officer of Japan Exchange Group, Akira Kiyota, will meet the Saudi Arabian government and other officials, the sources added.

 

Saudi Aramco plans to sell a stake of about 5 percent by 2018. The kingdom's energy minister Khalid Al-Falih said last June that meetings will be held to discuss Japan’s investments in Saudi Aramco’s IPO. 

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