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Pacific Radiance Ltd. ( (SG:RXS) ) has issued an announcement.
Pacific Radiance Ltd. approved all resolutions at its annual general meeting held on April 30, 2026, including S$300,000 in directors’ fees for FY2026 and the re‑election of independent directors Lim Kee Way Irwin and Lum Wai Meng. Shareholders also backed a first and final one‑tier tax‑exempt dividend of 0.175 Singapore cent per share for FY2025 and the re‑appointment of PKF‑CAP LLP as auditors.
Investors further authorised the board to issue new shares and instruments convertible into shares, subject to a cap of 50% of issued share capital and 20% for non‑pro‑rata issues, strengthening the company’s financial and capital‑raising flexibility. The strong approval rates across all resolutions signal broad shareholder support for the company’s governance, capital management and strategic direction.
More about Pacific Radiance Ltd.
Pacific Radiance Ltd., incorporated in Singapore, operates in the marine and offshore services sector, providing support vessels and related services to the offshore energy and maritime industries. The company is listed on the Singapore Exchange and is overseen by a board comprising executive and independent directors, supported by audit, nominating, remuneration and sustainability committees.
Average Trading Volume: 1,619,924
Technical Sentiment Signal: Hold
Current Market Cap: S$119.7M
For detailed information about RXS stock, go to TipRanks’ Stock Analysis page.