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Mermaid Maritime Public Co., Ltd. ( (SG:DU4) ) has issued an update.
Mermaid Maritime reported on the proceedings of its Annual General Meeting of Shareholders No. 01/2026, held in Bangkok with a quorum representing 74.81% of issued shares and overseen by independent legal and financial scrutineers. Shareholders unanimously adopted prior meeting minutes, approved the board’s 2025 business report and audited financial statements, and endorsed all resolutions presented.
The meeting approved a dividend of USD 0.001 per share, totaling USD 1.89 million, and allocated USD 1.31 million from net profit as a legal reserve, reflecting confidence in the company’s financial position while balancing future capital needs. Shareholders also considered the re-election of directors retiring by rotation under the company’s Articles of Association, underscoring continuity in corporate governance and board oversight.
More about Mermaid Maritime Public Co., Ltd.
Mermaid Maritime Public Co., Ltd. is a Thailand-based offshore services provider operating in the maritime and subsea sectors. The company focuses on supporting offshore energy and related industries through specialized marine operations and technical services across regional and international markets.
Average Trading Volume: 1,770,845
Technical Sentiment Signal: Hold
Current Market Cap: S$226.9M
For an in-depth examination of DU4 stock, go to TipRanks’ Overview page.