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Change - Announcement Of Cessation Of Managing Director And Co-Head Of Maritime Asset Management Department
BackJun 30, 2022
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Jun 30, 2022 17:23 |
| Status | New |
| Announcement Sub Title | Cessation of Managing Director and Co-Head of Maritime Asset Management Department |
| Announcement Reference | SG220630OTHRIGJW |
| Submitted By (Co./ Ind. Name) | Lim Kai Ching |
| Designation | Group CFO |
| Effective Date and Time of the event | 30/06/2022 17:00:00 |
| Description (Please provide a detailed description of the event in the box below) | Mr. Makoto Tokozume will relinquish his position as Managing Director and Co-Head of Maritime Asset Management Department with effect from 30 June 2022. He will be appointed as a Senior Officer in subsidiary Uni-Asia Capital (Japan) Ltd from 1 July 2022. He will be based in Japan thereafter. |
| Additional Details | |
| Name Of Person | Makoto Tokozume |
| Age | 60 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/06/2022 |
| Detailed Reason (s) for cessation | Mr. Makoto Tokozume will relinquish his position as Managing Director and Co-Head of Maritime Asset Management Department with effect from 30 June 2022. He will be appointed as a Senior Officer in subsidiary Uni-Asia Capital (Japan) Ltd from 1 July 2022. He will be based in Japan thereafter. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of Appointment to current position | 01/03/2021 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | No |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 0 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Managing Director |
| Role and responsibilities | Mr. Tokozume will reliquish his position of Managing Director and Co-Head of Maritime Asset Management Department. Thereafter, he will be a Senior Officer in subsidiary Uni-Asia Capital (Japan) Ltd, looking after property business in Japan. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | No |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 3,000 shares |
| Past (for the last 5 years) | 1. Florida Containership S.A. 2. Fulgida Bulkship S.A. 3. Hope Bulkship S.A. 4. Imperial Bulkship S.A. 5. Karat Bulkship S.A. 6. Jade Bulkship S.A. 7. Jubilee Bulkship S.A. 8. Mable Bulkship S.A. 9. Nora Bulkship S.A. 10. Regina Bulkship S.A. 11. Uni-Asia Shipping Limited 12. Luna Bulkship S.A. (liquidated on 31 October 2018) |
| Present | Nil |