| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Aug 14, 2023 17:11 |
| Status | New |
| Announcement Sub Title | Retirement of Chief Executive Officer and Executive Director |
| Announcement Reference | SG230814OTHRZBQU |
| Submitted By (Co./ Ind. Name) | Lim Kai Ching |
| Designation | Group CFO |
| Effective Date and Time of the event | 29/02/2024 17:00:00 |
| Description (Please provide a detailed description of the event in the box below) | Following the expiration of Mr. Fukuyado's Service Agreement on 29 February 2024, Mr. Fukuyado will retire and relinquish his roles as Chief Executive Officer and Executive Director of the Group in order to spend more time with his family and pursue his other interests. |
| Additional Details | |
| Name Of Person | Kenji Fukuyado |
| Age | 60 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 29/02/2024 |
| Detailed Reason (s) for cessation | Following the expiration of Mr. Fukuyado's Service Agreement on 29 February 2024, Mr. Fukuyado will retire and relinquish his roles as Chief Executive Officer and Executive Director of the Group in order to spend more time with his family and pursue his other interests. |
| 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 | 30/04/2020 |
| 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 |
| 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.) | Chief Executive Officer Executive Director |
| Role and responsibilities | As CEO, Mr Fukuyado 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. |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | Yes |
| Shareholding Details | 1,500,000 shares in the Company |
| Past (for the last 5 years) | 1. Uni-Asia Group Limited 2. Uni-Asia Holdings Limited 3. Uni-Asia Shipping Limited 4. Uni Ships and Management Limited 5. Uni-Asia Capital Company Limited 6. Uni-Asia Capital (Singapore) Limited 7. Uni-Asia Capital (Japan) Ltd. 8. Uni-Asia Investment Ltd. 9. Uni-Prosperous Capital Investment Limited 10. Uni-Asia Fund Management Company Ltd. 11. Uni Ships and Management (Taiwan) Limited. 12. Uni Ships and Management Korea Ltd. 13. Luna Bulkship S.A. 14. Akebono Capital Limited 15. Panmax Tanker S.A. 16. Uni-Asia Hotels Limited 17. Vista Hotel Management Co., Ltd |
| Present | 1. Uni-Asia Group Limited 2. Uni-Asia Holdings Limited 3. Uni-Asia Shipping Limited 4. Uni Ships and Management Limited 5. Uni-Asia Capital Company Limited 6. Uni-Asia Capital (Japan) Ltd. 7. Uni-Asia Investment Ltd. 8. Uni-Prosperous Capital Investment Limited 9. Uni-Asia Fund Management Company Ltd. 10. Uni-Asia Capital (Singapore) Limited |
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