Yeo Hiap Seng Limited (Y03) reported that shareholders approved every one of the 11 ordinary resolutions tabled at its 70th Annual General Meeting held on Apr, 29 2026.

Key outcomes include:

• Adoption of the FY2025 audited financial statements and directors’ statement.

• Declaration of a final one-tier tax-exempt cash dividend of $0.02 per ordinary share for the financial year ended Dec, 31 2025; the company’s Scrip Dividend Scheme will apply.

• Approval of directors’ fees totalling about 0.93 million Singapore dollars for FY2025.

• Re-election of directors Na Wu Beng, Luo Dan and Low Eng Huat Peter; Eugene Leung retired as a non-executive director.

• Re-appointment of KPMG LLP as external auditor.

• Renewal of the general share issue mandate (up to 50% of issued shares, with a 20% sub-limit for non-pro-rata issues), renewal of the share purchase mandate (up to 10% of issued shares), and approval for share issuance under both the company’s Share Incentive Plan (capped at 10% of issued shares) and the Scrip Dividend Scheme.

The meeting concluded at 4:10 p.m. with management reiterating its focus on strengthening core operations and pursuing strategic initiatives aimed at sustainable growth.