Back 09 Dec 2025

Uni-Asia Completes US$18.4 Million Acquisition of Bulk Carrier M/V Trident Star

Link: https://links.sgx.com/1.0.0/corporate-announcements/2UNCYW3OX0UTJB7I/adce97304e339e8c0d7390904c19bccf4aa16bfd258a216ba868e82e7c2cfdff

Summary:

  • Uni-Asia Group has completed the previously approved acquisition of the vessel M/V Trident Star from Polaris Bulkship S.A. for US$18.40 million.

  • The deal follows shareholder approval at an EGM on 27 November 2025, after the transaction was first detailed in an announcement and circular dated 7 November 2025.

  • The acquisition, finalised on 9 December 2025, expands Uni-Asia’s owned fleet as it continues to build scale in dry bulk shipping.

  1. https://links.sgx.com/FileOpen/Uni-Asia%202025-12-09%20-%20MV%20Trident%20Star%20Acquisition%20Completion.ashx?App=Announcement&FileID=869339