Ho Bee Land Limited announced that all resolutions tabled at its 38th Annual General Meeting, held on Apr, 29 2026 in Singapore, were approved by poll.

Shareholders adopted the Directors’ Statement and audited financial statements for the financial year ended Dec, 31 2025, with 99.99% of votes cast in favour.

A first and final one-tier tax-exempt dividend of 5 cents per share for FY2025 was approved with 99.99% support, while directors’ fees of approximately 0.55 million Singapore dollars for the same period received 99.99% approval.

Independent Non-Executive Director Esmond Choo was re-elected to the Board, and KPMG LLP was re-appointed as external auditor.

Investors also renewed the general mandate authorising the Board to issue new shares of up to 50% of the company’s issued share capital—of which up to 20% may be issued on a non-pro-rata basis—with 98.15% approval. A share buyback mandate allowing the company to repurchase up to 5% of its issued shares passed with 99.99% support.

As part of ongoing Board renewal, Independent Directors Seow Choke Meng and Josephine Choo retired from the Board at the conclusion of the meeting.