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Change - Announcement Of Appointment Of Executive Director
BackMar 01, 2018
| Announcement Title | Change - Announcement of Appointment |
| Date & Time of Broadcast | Mar 1, 2018 18:45 |
| Status | New |
| Announcement Sub Title | APPOINTMENT OF EXECUTIVE DIRECTOR |
| Announcement Reference | SG180301OTHR232Z |
| Submitted By (Co./ Ind. Name) | Lim Kai Ching |
| Designation | Group CFO |
| Effective Date and Time of the event | 01/03/2018 17:00:00 |
| Description (Please provide a detailed description of the event in the box below) | APPOINTMENT OF EXECUTIVE DIRECTOR |
| Additional Details | |
| Date Of Appointment | 01/03/2018 |
| Name Of Person | Kenji Fukuyado |
| Age | 54 |
| Country Of Principal Residence | Hong Kong |
| The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) | The appointment of Mr Kenji Fukuyado ("Mr Fukuyado") as Executive Director of the Company was recommended by the Nominating Committee and approved by the Board. The Board is satisfied that Mr Fukuyado's qualification and experience will enhance the composition of the Board and will be beneficial to the Company. |
| Whether appointment is executive, and if so, the area of responsibility | Mr Fukuyado is currently responsible for Maritime Asset Management. With this appointment, his responsibility will be expanded to include assisting the CEO in the general management of the Group. |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Conflict of interests (including any competing business) | Nil |
| Working experience and occupation(s) during the past 10 years | Mr Kenji Fukuyado was appointed as Managing Director of the Group on 1 February 2013, responsible for Maritime Asset Management. He joined the Group in 2001 and was the Managing Director of Uni-Asia Finance Corporation (Japan) from May 2003 to December 2005. He was transferred to our head office in Hong Kong in January 2006 and was Head of Structure Finance Department from January 2006 to December 2009 and Head of Maritime Investment Department from January 2010 to January 2013. Mr Fukuyado has nearly 30 years of experience in the finance industry, including structured finance such as tax lease, asset finance, loan syndication, corporate finance and asset management. Between 1987 and 1998, he worked for The Hokkaido Takushoku Bank, Ltd. in Japan and Hong Kong. Mr Fukuyado graduated with a bachelor's degree in law from Waseda University in 1987. |
| Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6)) | Yes |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 390,000 |
| # These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8). | |
| Past (for the last 5 years) | - |
| Present | 1. Uni-Asia Capital (Japan) Ltd. 2. Uni-Asia Shipping Limited 3. Fulgida Bulkship S.A. 4. Florida Containership S.A 5. Fortuna Containership S.A 6. Stella Bulkship S.A 7. Tiara Bulkship S.A 8. Victoria Bulkship S.A. 9. Unicorn Bulkship S.A. 10. Hope Bulkship S.A. 11. Imperial Bulkship S.A. 12. Jade Bulkship S.A. 13. Karat Bulkship S.A. 14. Luna Bulkship S.A. 15. Jubilee Bulkship S.A. 16. Mable Bulkship S.A. 17. Nora Bulkship S.A. 18. Matin Shipping Company Ltd. 19. Joule Asset Management (Pte.) Limited |
| (a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner? | No |
| (b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency? | No |
| (c) Whether there is any unsatisfied judgment against him? | No |
| (d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose? | No |
| (e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach? | No |
| (f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part? | No |
| (g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust? | No |
| (h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust? | No |
| (i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity? | No |
| (j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :- | |
| (i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or | No |
| (ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or | No |
| (iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or | No |
| (iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust? | No |
| (k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere? | No |
| Any prior experience as a director of a listed company? | No |
| If No, Please provide details of any training undertaken in the roles and responsibilities of a director of a listed company | Training by Allen & Gledhill on 28 February 2018 on the roles and responsibilities of a director of a listed company. |
Attachments
- Attachment 1 (Size: 22,989 bytes)