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Change - Announcement Of Retirement Of Executive Chairman Role But Remain As Executive Director
BackFeb 28, 2025
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Feb 28, 2025 17:35 |
| Status | New |
| Announcement Sub Title | Retirement of Executive Chairman Role but Remain As Executive Director |
| Announcement Reference | SG250228OTHRX5QU |
| Submitted By (Co./ Ind. Name) | Lim Kai Ching |
| Designation | Group CFO |
| Description (Please provide a detailed description of the event in the box below) | At the conclusion of the upcoming AGM to be convened, Mr. Michio Tanamoto ("Mr. Tanamoto") will retire from his role as Executive Chairman, a role he held since 2014, as part of the Group's leadership renewal. Mr. Tanamoto will remain as an Executive Director of the Company. Following Mr. Tanamoto's retirement as Executive Chairman, Mr. Philip Chan Kam Loon will be appointed as Non-Executive Chairman. |
| Additional Details | |
| Name Of Person | Michio Tanamoto |
| Age | 68 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 30/04/2024 |
| Detailed Reason (s) for cessation | At the conclusion of the upcoming AGM to be convened, Mr. Michio Tanamoto ("Mr. Tanamoto") will retire from his role as Executive Chairman, a role he held since 2014, as part of the Group's leadership renewal. Mr. Tanamoto will remain as an Executive Director of the Company. |
| 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 | 30/04/2014 |
| 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) | 4 |
| 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.) | Executive Director |
| Role and responsibilities | The role is executive and Mr. Tanamoto will work with the other Executive Directors and Management in strategy formulation, execution and general management of the Group. |
| 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 | 3,250,468 ordinary shares |
| Past (for the last 5 years) | - Uni Ships and Management Limited - Uni Ships and Management (Taiwan) Limited - Uni Ships and Management Korea Ltd. - Uni-Asia Shipping Limited - United Wise Capital Investment Limited - Uni-Prosperous Capital Investment Limited - Uni-Asia Fund Management Company Ltd. - Vista Hotel Management Co., Ltd. |
| Present | - Uni-Asia Group Limited - Uni-Asia Holdings Limited - Uni-Asia Capital (Singapore) Limited - Uni-Asia Capital (Japan) Ltd. - Uni-Asia Investment Ltd. - Uni-Asia Services and Agency Limited - Uni-Asia Wellgain Capital Investment Ltd. |
Attachments
- Attachment 1 (Size: 115,810 bytes)