ASL Marine Holdings told investors that every one of the nine resolutions tabled at its Twenty-Fifth Annual General Meeting on Oct, 29 2025 was passed by poll, including the adoption of FY2025 accounts and the payment of a first and final, one-tier tax-exempt dividend of 0.2 Singapore cents per ordinary share.

The meeting approved directors’ fees of 235.84 million Singapore dollars for the financial year ending Jun, 30 2026, to be paid quarterly in arrears. Shareholders also re-elected executive director Ang Kok Leong, non-executive director Tan Sek Khee and independent director Adrian Wong Soon Peng to the board. Audit firm Ernst & Young LLP was re-appointed as external auditor until the next AGM.

Investors renewed the company’s general mandate allowing directors to issue new shares or convertible securities up to 50 per cent of issued capital, with a sub-limit of 20 per cent for non-pro-rata issues. They also renewed authority for ASL Marine to buy back up to 10 per cent of its issued shares, permitting purchases on-market at up to 105 per cent of the five-day average price or off-market at up to 110 per cent.

Chairman, managing director and chief executive Ang Kok Tian briefed shareholders on a recent incident at the group’s Batam yard, noting that investigations are ongoing and that support is being provided to affected personnel. He also highlighted new ship-chartering contracts worth about 82 million Singapore dollars and reiterated a strategic focus on ship repair and chartering for recurring income.

The AGM concluded at 3:35 p.m. The company will release detailed voting results and the full meeting minutes on the Singapore Exchange and its website within one month.