Change - Announcement of Cessation::Retirement of Chief Executive Officer and Executive Director

Issuer & Securities

Issuer/ Manager
UNI-ASIA GROUP LIMITED
Securities
UNI-ASIA GROUP LIMITED - SG1DG7000000 - CHJ
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
14-Aug-2026 18:29:28
Status
New
Announcement Sub Title
Retirement of Chief Executive Officer and Executive Director
Announcement Reference
SG260814OTHR24US
Submitted By (Co./ Ind. Name)
Rachel Choo
Designation
CFO
Effective Date and Time of the event
01/03/2027 00:00:00
Description (Please provide a detailed description of the event in the box below)
Following the expiration of Mr. Masahiro Iwabuchi's Service Agreement on 28 February 2027, Mr. Iwabuchi will retire and relinquish his roles as Chief Executive Officer and Executive Director of the Group.

Additional Details

Name of person
Masahiro Iwabuchi
Age
63
Is effective date of cessation known?
Yes
If yes, please provide the date.
28/02/2027
Detailed reason(s) for cessation
Following the expiration of Mr. Masahiro Iwabuchi's Service Agreement on 28 February 2027, Mr. Iwabuchi will retire and relinquish his roles as Chief Executive Officer and Executive Director of the Group.
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
29/02/2024
Job title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Executive Officer
Executive Director
Role and responsibilities
As CEO, Mr. Iwabuchi was responsible for leading the management and staff of the Group in the day-to-day running of the
Group's business in accordance with the strategy as approved by the Board.
Does the AC have a minimum of 3 members (taking into account this cessation)?
Yes
Number of independent directors currently resident in Singapore (taking into account this cessation)
3
Do independent directors make up at least one-third of the board (taking into account this cessation)?
Yes
Number of cessations of appointments specified in Mainboard Rule 704(7) or Catalist Rule 704(6) over the past 12 months
0
Shareholding interest in the listed issuer and its subsidiaries
Yes
Shareholding details
1,140,000 shares in the Company
Familial relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Other Directorships
Past (for the last 5 years)
- Uni-Asia Hotels Ltd.
- United Wise Capital Investment Ltd.
- Vista Hotel Management Co., Ltd.
Present
- Uni-Asia Group Limited
- Uni-Asia Holdings Limited
- Uni-Asia Capital (Singapore) Limited
- Uni-Asia Capital Company Limited
- Uni-Asia Guangzhou Property
Management Co., Ltd.
- Uni-Asia Investment Ltd.
- Uni-Asia Capital (Japan) Ltd.
- Uni-Asia Wellgain Capital Investment Ltd.
- Uni-Asia Services and Agency Limited
- AAA Strategic Investment Limited
- Uni-Asia Shipping Limited
- Uni Ships and Management Limited.
- Uni-Prosperous Capital Investment Limited
- Uni-Asia Fund Management Company Ltd.
- Imperial Bulkship S.A.
- Jade Bulkship S.A.
- Jubilee Bulkship S.A.
- Mable Bulkship S.A.
- Nora Bulkship S.A.
- Regina Bulkship S.A.
- Amity Bulkship S.A.
- Bloom Bulkship S.A.
- Charm Bulkship S.A.

Attachments

Uni-Asia 2026-08-14 - Retirement and Appointment of Chief Executive Officer.pdf
Total size =108K