About Us
Milestones
2023
- Exited 49% owned Matin Shipping Limited.
- Disposed of oldest ship in the wholly owned ship portfolio.
- UACJ participated in the tender exercise and won the bid to develop and operate a PFI project called for by the Kuki City government in Saitama Prefecture in Japan. This is the Group’s 2nd PFI project.
- UACJ started asset management services for 3 solar power plants in Tochigi Prefecture, Japan.
- Principal subsidiary, Uni-Asia Holdings Limited was awarded Good MPF Employer Award for three consecutive years
2022
- Record profit of US$27.9m, highest in the history of the Group.
- Declared total dividend of S$0.145/share, highest in the Group’s history.
- The Group was awarded Silver Award Best Investor Relations (small-cap category) for The Singapore Corporate Awards 2022.
- The Group was awarded Winner – Most Transparent Company Award 2022 (Financials Category) for SIAS Investors’ Choice Awards 2022.
- Principal Subsidiary, Uni-Asia Holdings Limited was awarded Good MPF Employer Award for two consecutive years.
2021
- Record profit in the history of the Group.
- Disposed of the remaining 3 containership investments in the Group’s ship portfolio to focus on small handy-size dry bulk carriers.
- Establish fund to develop and hold group homes for the disabled in Japan
- Change of registered office
- Grand opening of Wako City Private Finance Initiative Project in Japan
2020
- Year marred by COVID-19 pandemic.
- Mr. Kenji Fukuyado was appointed as CEO from April while Mr. Michio Tanamoto remains as Executive Chairman. Position of Chairman and CEO are separate persons in accordance with Code of Corporate Governance 2018.
- Invested in the 7th and 8th Hong Kong property redevelopment project.
- AGM held by electronic means for the first time due to the COVID-19 pandemic.
- With Japan hospitality industry severely affected by the COVID-19 pandemic, the Group disposed 49.5% of its stake in Uni-Asia Hotels Limited group, with a non-controlling stake of 49.5% remaining. Hotel operating business was deconsolidated from the Group financials from end June.
- Ital Massima, a 4,300 TEU containership held through the Group’s 50% owned joint investment company, Rich Containership S.A., was disposed as part of the Group’s efforts in restructuring the ship investment portfolio so as to better allocate the Group’s resources to investments with better projected performance and achieve the Group’s investment objectives.
2019
- In March, the Group placed out 5,420,720 new shares increasing the issued shares to 52,400,000.
- The Group announced in April its Group dividend policy to pay out at least 35% and 40% profit for FY2019 and FY2020 respectively. Dividend to be paid semi-annually.
- The Group paid its first interim dividend on 27 September 2019.
- The Group completed a 1 for 2 bonus shares issue on 7 June 2019 aimed at rewarding shareholders and to enhance trading liquidity. Total number of shares increased from 52,400,000 to 78,599,987.
- Received more proceeds from 2nd Hong Kong property redevelopment project as well as capital and gain from 3rd Hong Kong property redevelopment project.
- Increased shareholding in Hope Bulkship S.A. from 83% to 100%.
- Increased shareholding in Regina Bulkship S.A. from 51% to 100%.
- Liquidated Uni Ships and Management (Taiwan) Limited and Uni Ships and Management Korea Ltd to centralise the function of promoting ship-related services in Hong Kong.
- Arranged first JOL transaction for container boxes.
2018
- Disposed of M/V Orient Sunrise, the oldest dry bulk carrier in Uni-Asia Shipping’s portfolio.
- Received USD10 million capital invested in the Group’s 2nd Hong Kong property redevelopment project at 650 Cheung Sha Wan Road, as well as received USD10 million gain from this investment.
- Invested in the 4th Hong Kong property redevelopment project at 18-20 Tai Chung Road, Tsuen Wan, Hong Kong, targeted to be completed by 2020.
- Invested in the 5th Hong Kong property redevelopment project at 71 – 75 Chai Wan Kok Street, Tsuen Wan, Hong Kong, targeted to be completed by 2021.
- Invested in the 6th Hong Kong property redevelopment project at 1016 – 1018 Tai Nam West Street, Kowloon, Hong Kong, targeted to be completed by 2021.
- Uni-Asia Career Support Ltd. was established to provide human resource placement services to the hospitality industry in Japan.
2017
- The Group celebrated its 20th year of founding.
- The Group completed a scheme of arrangement in June where a new Singapore-incorporated company, Uni-Asia Group Limited completed a share-swap with the shareholders of Uni-Asia Holdings Limited, following which, Uni- Asia Group Limited was listed and quoted on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) on 2 June 2017 and Uni-Asia Holdings Limited was delisted from the Main Board of the SGX-ST with effect from 2 June 2017. The resultant of this scheme of arrangement is that the listed entity of the Group is now a Singapore-incorporated company rather than a Cayman Islands-incorporated company.
- In November, the Group acquired a 29,256 DWT second hand dry bulk carrier from its joint-investment company, Glory Bulkship S.A.
- The Group launched its revamped aesthetically re-designed corporate website which aims to improve user friendliness and appeal.
2016
- Took delivery of the 9th vessel owned by Uni-Asia Shipping in January.
- In March, the Group acquired the remaining 50% of Joule Asset Management (Pte.) Limited from the Group’s co-investor, increasing the Group’s shareholding in Joule to 100%. Joule owns a 29,000 DWT dry bulk carrier built in 2012.
- In July, the Group invested in its third Hong Kong property redevelopment project at Kwai Chung Town Lot No. 517 at Tai Lin Pai Road, Kwai Chung, New Territories, Hong Kong. The land is being developed into a commercial office building to be completed by 2019.
- In September, the Group jointly invested in an Alero project with Singapore based CPG Investments Pte Ltd, an attestation to the quality of Alero investments.
- In December, the Group made an investment of JPY65 million (around US$0.6 million) in a hostel business project, where a building was rented in Nihonbashi-Yokoyamacho, converted into a hostel and sub-leased to a hostel operator. This is a new business area which will widen the Group’s property expertise.
2015
- Took delivery of the 7th vessel owned by Uni-Asia Shipping in February.
- Took delivery of the 8th vessel owned by Uni-Asia Shipping in March
- Acquisition of two 3,500 TEU containerships from Akebono Fund, one of which is 100% owned while another 50% owned
- Completed 10-to-1 share consolidation. Number of shares is now 46,979,280 shares although paid-up capital remains as US$75,166,848
- Established new wholly owned subsidiary Uni Ships and Management Korea Ltd. in South Korea to promote the Company's ship-related services
- 99.5% owned subsidiary Uni-Asia Capital(Japan) Ltd. was designated as the Group's investment holding arm in Japan and changed its company name to Uni-Asia Investment. Ltd.
- Wholly owned subsidiary Uni-Asia Finance Corporation (Japan) was designated as the Group's investment advisory and asset management arm in Japan and changed its company name to Uni-Asia Capital (Japan) Ltd.
2014
- Mr Kazuhiko Yoshida retired as Chairman and CEO and was appointed Counsellor to the Chairman and CEO.
- Mr Michio Tanamoto was appointed Chairman and CEO, and Mr Masaki Fukumori was appointed COO of the Group.
- Placed order for a 51% owned handysize bulker. Ships owned by Uni-Asia Shipping increased to 9 and ship portfolio under Uni-Asia Shipping including ships under commercial management increased to 12.
- Took delivery of the 6th vessel owned by Uni-Asia Shipping in July.
- The Group invested in its second Hong Kong property redevelopment project at 650 Cheung Sha Wan Road. The land is being developed into a commercial office building to be completed by 2017.
- Completed sale of 3 small residential projects.
- Sold 5 of the 14 office units in China Shine Plaza in Guangzhou, China.
- Business office in Hong Kong moved to 30/F., Prosperity Millennia Plaza, No. 663 King's Road, North Point, Hong Kong.
2013
- Company name was changed from "Uni-Asia Finance Corporation" to "Uni-Asia Holdings Limited" to better reflect the business of the Company.
- Established a new subsidiary in Taiwan.
- Uni-Asia Shipping Limited placed orders for three newbuilding ships to be delivered between 2014 and 2016.
- The fifth ship under Uni-Asia Shipping Limited was delivered. Number of seaborne ships under Uni-Asia Shipping Limited amounts to five.
- Acquired Wealth Ocean Ship Management Shanghai Co., Ltd, a ship management company to boost the Group's ship management capability.
2012
- Capital Advisers changed its company name to Uni-Asia Capital (Japan) Ltd. reflecting the close alignment with the Company and to create a distinctive identity as a member of the Uni-Asia Group.
- Completed and sold first small residential project "ALERO ShimoMeguro".
2011
- Issued 156,597,600 new shares by way of renounceable non-underwritten Rights Issue. The paid-up capital was increased from US$50,111,232 comprising 313,195,200 shares to US$75,166,848 comprising 469,792,800 shares.
- Increased equity interest in Capital Advisers to 99.5% by subscribing for new shares issued by Capital Advisers.
2010
- Increased equity interest in Capital Advisers to 96.9%.
- Uni-Asia Shipping Limited was established as a wholly owned subsidiary of the Company to function as ship owning for vessel investment projects with majority interest.
2009
- Issued 52,199,200 new shares and placed to Yamasa Co., Ltd. The paid-up capital was increased from US$41,759.360 comprising 260,996,000 shares to US$50,111,232 comprising 313,195,200 shares.
2008
- Increased equity interest in Capital Advisers to 92.7%.
- Increased equity interest in Uni Ships and Management Limited to 100%.
2007
- Made a direct investment into office units in Guangzhou.
- Launched our first Singapore ship investment fund under MFI scheme-Akebono Fund.
- The Company was listed on the Main Board of the Singapore Exchange Securities Trading Limited.
2006
- Wholly-owned subsidiary, Uni-Asia Capital (Singapore) Limited, was granted Approved Ship Investment Manager status by the Maritime and Port Authority of Singapore under Maritime Finance incentive("MFI") Scheme
2005
- Launched container vessel fund, specialising in investment of container vessels.
2004
- Launched private ship investment fund Searex 1 & II
- Established GCAP Fund, which is managed by Grosvenor Capital Advisers Fund Management Co. Ltd, 50% JV between Grosvenor Asia and Capital Advisers.
2003
- Capital Advisers issued new shares to third parties. Our equity interest in Capital Advisers was diluted to 44.8%.
- Launched AAA Series II.
2001
- Launched Asian distressed assets investment fund AAA Series I.
- Arranged first UK lease transaction for ship.
2000
- Capital Advisers Co., Ltd ("Capital Advisers") was established as a 100% subsidiary of the company.
- Established an investment partnership with Grosvenor Asia to invest in residential properties in Tokyo, through Capital Advisers.
- Arranged first JOL transaction for ship.
1998
- Expanded into investment in alternative assets, such as distressed assets
- Reported as the top arranger of structured finance for the transportation sector in Taiwan, and ranked 4th in the category of Taiwan foreign currency loan and bond arrangement by basis point (a financial magazine).
1997
- The Company was incorporated in the Cayman Islands with business presence in Hong Kong. Our focus is on finance arrangement for companies in the transportation sector