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Toho Titanium Set for May 28 Delisting Following Shareholder Approval of Share Exchange

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Toho Titanium (TYO:5727) will be delisted from the Tokyo Stock Exchange on May 28, after shareholders approved the proposed share exchange agreement with JX Advanced Metals (TYO:5016) at an extraordinary general meeting held on April 24.

The approval triggers the delisting criteria under the Securities Listing Regulations, making Toho Titanium a wholly-owned subsidiary of JX Advanced Metals, according to its Tokyo bourse filing on Wednesday.

As a member of the JX Advanced Metals Group, Toho Titanium pledged to continue enhancing corporate value and contributing to society.

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