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07
Business
Model
Chairman’s
Message
Group Financial
Highlights
Group Financial
Review
Corporate
Milestones
Shipping
Business
Property
Business
Hotel
Business
Mission
Statement
Turning to our property business, the development of
our second Hong Kong property project is proceeding as
scheduled and would be completed in 2017. Meanwhile,
we are preparing to source for a third suitable property
project in Hong Kong so that we can enjoy returns from
such projects beyond 2017.
Meanwhile, Japan property market is still favourable. Our
small residential project business continues to expand.
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construction and a fewpipeline projects under assessment.
Our research has shown that there are still potential in
Japan property market. Notwithstanding this, we are
cautious in our selection of projects yet bold to ensure this
business continues to contribute to our bottom-line.
For our hotel operating business, occupancy and daily room
rates continued to be good. Our hotel operating business
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will start operating Hotel Vista Sendai from 27 April 2016
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summer of 2017. Further, the Group has secured a new
hotel operating contract for a hotel in Nagoya. This hotel
is now in the planning stage for redevelopment and the
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more hotels under operation, our hotel operating business
will be an important contributor to our Group’s growth.
Our property and hotel operating businesses have played
an important part in supporting the Group’s bottom-line
in 2015. However, there was a time when the market
conditionswerenot so favourable forourpropertyandhotel
operating businesses. It was with sheer determination,
resilience and hard work that we grew our property and
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are now facing similar headwinds in our shipping business.
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work to steer our shipping business into a brighter future.
I thank you all for your unwavering support, and seek your
continued support so we can succeed together. I would also
like to thankUni-Asia’sBoardofDirectors,management and
employees for the hard work, dedication and commitment,
as well as our clients, business partners, bankers and our
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build on our fundamentals and strengthen our capabilities,
and together, we shall enjoy the fruits of Uni-Asia’s success.
Michio Tanamoto
Chairman and CEO
Uni-Asia Holdings Limited
