The parent company of Sagawa Express Co., a major Japanese parcel delivery service, made a strong debut on the Tokyo Stock Exchange on Wednesday in the country's biggest initial public offering this year.Shares in SG Holdings Co. opened at 1,900 yen ($16.74) on the First Section of the Tokyo bourse, compared with the IPO price of 1,620 yen, bringing the company's value to 608.3 billion yen. SG Holdings ended the day at 1,906 yen.Its market capitalization based on the opening price sharply exceeds that of Sushiro Global Holdings Ltd., which was valued at 94.1 billion yen when it relisted on …READ FULL ARTICLE
