Avarga Limited announced that all resolutions tabled at its 59th Annual General Meeting on Apr, 24 2026 were duly passed by poll.

The meeting, held at the Drama Centre Function Room 2 in Singapore, saw shareholders adopt the Directors’ Statement and Audited Financial Statements for the financial year ended Dec, 31 2025, with 99.91% of votes in favour.

Investors also approved directors’ fees of up to 0.50 million Singapore dollars for the financial year ending Dec, 31 2026, with 99.91% support.

Re-elections of Executive Director and Chief Executive Officer Tong Ian and Independent Director Kevin Kang Kah Wee were carried, each receiving 99.91% approval.

Messrs CLA Global TS Public Accounting Corporation was re-appointed as the company’s auditor until the next AGM, backed by 99.91% of votes.

A mandate authorising the board to issue and allot new shares and convertible securities—subject to a limit of up to 50% of the company’s issued share capital, with a sub-limit of 20% for non-pro-rata issues—was also approved, receiving 99.87% support.

The meeting concluded at 3:03 p.m. with no further business.