FILE PHOTO: A wafer is displayed at the Semicon Taiwan exhibition show in Taipei, Taiwan September 4, 2024. REUTERS/Ann Wang/File Photo
TOKYO (Reuters) -Tekscend Photomask, a Japanese manufacturer of photomasks for chipmaking, is aiming for a valuation of 300 billion yen ($2 billion) in its initial public offering, two sources familiar with the matter said.
The company, which is part of Toppan Holdings, could receive listing approval from the Tokyo Stock Exchange as soon as late September, according to the sources, who declined to be named as the information is not public.
