Murata Manufacturing Co., Ltd. Announces Voluntary Delisting from Singapore Exchange Main Board

Key Points from the Announcement

• Effective Delisting Date: Murata Manufacturing’s shares will be officially delisted from the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) on Friday, 5 December 2025, at 9:00 a.m. (Singapore time).
• Transfer of Shares: All shares held with the Central Depository (CDP) as of the delisting date will be automatically transferred to Provisional Accounts with Nomura Securities Co., Ltd. (Nomura).
• Suspension of Rights: While shares are in the Provisional Accounts:
  • The exercise of voting rights will be suspended.
  • Dividends (if any) will be pooled into a separate company Cash Account and not commingled with other assets.
• Cost Coverage: Murata will cover the costs related to the transfer of shares from CDP to the Provisional Accounts, including applicable fees imposed by depository agents. However, any further transfer fees to brokers are not covered.
• Post-Delisting Share Management: Shareholders must make their own arrangements to transfer shares from the Provisional Account to a securities account held with a relevant broker if they wish to trade the shares on the Tokyo Stock Exchange (TSE).
• Designated Broker Option: Shareholders may open a trading account with the Designated Broker, allowing transfer of shares to the Designated Broker’s omnibus account. A safekeeping fee of SGD 2 + GST per counter/month (billed quarterly) will apply unless waived under certain criteria.
• Alternative Brokers: Shareholders may also transfer shares to any other relevant broker, not just the Designated Broker.
• Dividends: Any dividends paid while shares are in the Provisional Accounts will be distributed pro rata to the shareholder once the shares are transferred out, upon verification of identity and shareholding.
• Document Requirements for Transfers: To transfer shares out of the Provisional Account, shareholders must present mandatory identification (e.g., passport, NRIC, driver’s license) and may also provide supplementary documents (e.g., bank statement, utility bill, tax document, etc.), issued by recognized authorities and within valid dates or six months of issuance.
• Contact Information: Any queries regarding the delisting process or post-delisting share withdrawal should be directed to Murata’s General Administration Department at [email protected].

Important Considerations for Shareholders

• Loss of Voting Rights: Shareholders will lose their voting rights on shares held in the Provisional Accounts until they transfer them to a securities account with a broker.
• Access to Dividends: Dividends will be held in a separate account and only paid out after identity verification and successful transfer of shares to a broker account.
• Potential Trading Limitations: After delisting from SGX, shares can only be traded on the Tokyo Stock Exchange, so action is required to move shares for continued liquidity.
• Possible Additional Fees: While Murata covers initial transfer costs to Nomura, shareholders are responsible for any fees charged by brokers for further transfers and for ongoing safekeeping fees if using the Designated Broker.

Potential Share Price Impact

The voluntary delisting from SGX-ST is a significant corporate action that may affect Murata’s share liquidity and accessibility for Singapore-based investors. The suspension of voting rights and dividend access for shares held in the Provisional Accounts could prompt shareholders to expedite their transfers, potentially impacting trading volumes and price discovery on the Tokyo Stock Exchange. In addition, shareholders may incur additional costs if they choose to maintain their holdings via the Designated Broker, which could influence investor sentiment. These changes could be price-sensitive, especially for investors relying on SGX liquidity or those sensitive to administrative costs and transfer processes.

Action Steps for Shareholders

1. Review your current holdings with CDP and prepare for the automatic transfer to Nomura’s Provisional Accounts post-delisting.
2. Decide whether to open an account with the Designated Broker or another relevant broker for trading on TSE.
3. Prepare necessary identification and supplementary documents for share transfer and dividend retrieval.
4. Monitor communications from Murata and your broker for updates or changes in procedures and fees.
5. Contact Murata’s General Administration Department for any questions or clarifications.

Contact Details

Murata Manufacturing Co., Ltd.
10-1, Higashikotari 1-chome, Nagaokakyo-shi, Kyoto 617-8555, Japan
Department in charge: General Administration Department
Email: [email protected]

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should consult their own financial advisors and review official company documents before making any investment decisions. The author and publisher bear no responsibility for actions taken based on this information.

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