Straco Corporation Ltd (S85) said shareholders approved every resolution tabled at its Annual General Meeting held on Apr, 27 2026 at the Singapore Flyer.\n\nThe meeting adopted the FY2025 audited financial statements and endorsed a first and final one-tier tax-exempt dividend of 1.5 cent per share. All 723.5 million votes cast backed the accounts, while 99.9997 % supported the dividend proposal.\n\nShareholders also approved directors’ fees of about 0.36 million Singapore dollars for FY2025 and re-elected Executive Chairman Wu Hsioh Kwang, Independent Director Tan Khiaw Ngoh, Non-Executive Director Deng Huan and Independent Director Peh Nam Chuan Adrian. Each re-election received 100 % of votes cast.\n\nPricewaterhouseCoopers LLP was re-appointed as auditor with 99.9997 % support. Investors renewed the board’s authority to issue new shares—capped at 50 % of issued capital, with up to 20 % on a non-pro-rata basis—by a 99.9790 % majority.\n\nFinally, the company gained unanimous approval to renew its mandate to repurchase up to 10 % of its issued shares, via market or off-market purchases, at prices not exceeding 105 % or 120 % of the five-day average closing price, respectively.\n\nThe AGM concluded at 11:04 a.m. with no other business raised.