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Hong Leong Asia Shareholders Approve Dividend, Board Re-Elections and Share-Issue Mandate at 65th AGM

Story Highlights
  • Hong Leong Asia’s AGM approved the 2025 accounts, a 3-cent final dividend and directors’ fees.
  • Shareholders re-elected key executives, reappointed EY as auditor and renewed a share-issue mandate.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hong Leong Asia Shareholders Approve Dividend, Board Re-Elections and Share-Issue Mandate at 65th AGM

Meet Samuel – Your Personal Investing Prophet

Hong Leong Asia ( (SG:H22) ) just unveiled an update.

Hong Leong Asia held its 65th annual general meeting in Singapore, where its board, management, auditors and shareholders convened to review the group’s 2025 performance and governance matters. The meeting confirmed that the annual report and the group’s audited financial statements for the year ended 31 December 2025 were formally received by shareholders.

Shareholders approved a final one-tier tax-exempt dividend of 3 cents per ordinary share for the 2025 financial year, with payment scheduled for mid-May 2026 to investors on the early May record date. They also endorsed total directors’ fees of S$829,907 for 2025, reflecting the board’s remuneration for overseeing the group’s operations and strategic direction.

The AGM saw the re-election of executive chairman Kwek Leng Peck, executive director and CEO Stephen Ho Kiam Kong, and executive director and head of sustainability and corporate affairs Kwek Pei Xuan, ensuring continuity in the company’s leadership. Ernst & Young LLP was reappointed as the company’s external auditor, reinforcing stability in Hong Leong Asia’s audit and risk oversight framework.

Shareholders further renewed a mandate authorising the board to issue new shares and securities-linked instruments up to 50% of the company’s issued share capital, with a 20% cap for non-pro-rata issues. This authority, which runs until the next AGM unless earlier varied or revoked, provides the company with financial and strategic flexibility for future capital-raising and corporate actions.

The most recent analyst rating on (SG:H22) stock is a Buy with a S$4.28 price target. To see the full list of analyst forecasts on Hong Leong Asia stock, see the SG:H22 Stock Forecast page.

More about Hong Leong Asia

Hong Leong Asia Ltd. is a Singapore-incorporated conglomerate with operations across multiple industrial and manufacturing segments. The group is listed on the Singapore Exchange and is overseen by a board comprising executive and independent directors, supported by audit, risk, remuneration, nominating and sustainability committees that guide its corporate governance and strategic direction.

The company’s management, including its chief executive officer and group chief financial officer, regularly reports on financial performance and business developments to shareholders. Hong Leong Asia serves a broad base of investors and stakeholders, reflecting its role as a diversified player in Asia’s industrial and consumer markets.

Average Trading Volume: 2,201,986

Technical Sentiment Signal: Buy

Current Market Cap: S$2.6B

For detailed information about H22 stock, go to TipRanks’ Stock Analysis page.

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