Change - Announcement of Cessation::Retirement of Executive Chairman Role but Remain As 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
28-Feb-2025 17:35:04
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

Uni-Asia 2025-02-28 - Changes in Composition of BOD Board Committees and Senior Management.pdf
Total size =113K