SIA Engineering Company Limited (S59) held its 44th annual general meeting on Jul, 23 2026, where shareholders adopted the FY2025/26 directors’ statement and audited financials, and endorsed every resolution by electronic poll.

The group reported revenue growth of about 14% year-on-year for the 12 months ended Mar, 31 2026, with operating profit rising to 29.4 million Singapore dollars and net profit increasing 21% to 168.9 million Singapore dollars—its highest since the pandemic. Return on equity improved by 1.5 percentage points to nearly 10%.

A final dividend of 8.5 Singapore cents per share was approved, bringing the total dividend for the year to 11 Singapore cents, two cents higher than the prior year.

Shareholders re-elected directors Tang Kin Fei, Goh Choon Phong, Chin Yau Seng, Lim Serh Ghee and Lim Sim Seng. Following his re-election, Tang Kin Fei was re-designated Non-Independent Director and remains Board Chairman, while Lim Sim Seng becomes Lead Independent Director and chairs the Compensation & HR and Nominating Committees.

KPMG LLP was re-appointed as external auditor, and directors’ fees of up to 1.65 million Singapore dollars for FY2026/27 were approved. Mandates for share issuance, share plans, interested-person transactions, the share buy-back programme and adoption of a new constitution also received shareholder consent.

Chief Executive Officer Chin Yau Seng outlined three strategic pillars—scaling capacity and capabilities, overseas expansion and strengthening core operations—and highlighted initiatives such as capacity increases at joint ventures including Singapore Aero Engine Services, Safran Landing Systems Services Singapore and a new CFM LEAP engine shop with Safran Aircraft Engines, as well as the launch of Base Maintenance Malaysia and entry agreements in China and India.

The meeting concluded at 11:10 a.m. with all proposed resolutions passed.