Kyushu Railway Extends Validity of Jet Ferry Coupons Amid Service Suspension

MT Newswires Live

2024/09/10

Kyushu Railway (TYO:9142), a Japanese transportation company, will extend the validity period of the JR Kyushu jet ferry shareholder discount coupons due to the suspension of its QUEEN BEETLE service, according to a Monday filing on the Tokyo Stock Exchange.

The high-speed ferry, operated by its subsidiary JR Kyushu Jet Ferry, has been suspended since Aug. 13, following safety concerns.

The extension applies to coupons with record dates of March 31, 2023, and March 31. The new end dates for these coupons will be announced once operations resumed. Blackout dates for coupon use are yet to be determined.

Price (JPY): $4134.00, Change: $+66, Percent Change: +1.62%

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