Great Eastern Holdings approves dividend, elects new chairman at Apr, 14 2026 AGM

SGX Filings
May 13

Great Eastern Holdings Limited (G07) told shareholders that its Twenty-Seventh Annual General Meeting on Apr, 14 2026 approved a final one-tier tax-exempt dividend of 30 cents per share for FY2025. Together with the interim dividend of 25 cents paid in Sep, 2025, the total payout for the year is 55 cents per share.

The meeting also confirmed the re-election of directors Andrew Lee, Ng Chee Peng, Tam Chee Chong, Andrew Khoo and Tan Teck Long. Andrew Khoo will succeed Soon Tit Koon as chairman with effect from Apr, 15 2026, following Soon’s retirement at the close of the AGM.

All other ordinary and special business, including the adoption of the FY2025 audited financial statements, approval of S$2.733 million in directors’ fees, renewal of the general share-issue mandate and authority to allot shares under the Scrip Dividend Scheme, were passed by electronic poll with support levels above 98 %.

During the meeting, Group CEO Greg Hingston reported FY2025 profit attributable to shareholders of 1.2 billion Singapore dollars, up 21 % year-on-year, and gross premiums of 14.2 billion Singapore dollars. Total assets rose 8 % to 122.6 billion Singapore dollars, while return on equity improved to 12.8 %. He reiterated the group’s medium-term goal of doubling new business value and highlighted strategic priorities in tailored offerings, advisory excellence and organisational transformation.

Great Eastern’s capital adequacy ratios remained above regulatory requirements throughout 2025, supported by additional Tier 1 and Tier 2 issues and balance-sheet optimisation measures, management said.

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