Boustead Singapore (F9D) reported that shareholders approved all resolutions at the company’s Annual General Meeting held on Jul, 30 2026, including a final tax-exempt dividend of 4.0 cents per share and a special dividend of 4.5 cents per share for the financial year ended Mar, 31 2026, bringing the full-year distribution to 10.0 cents per share.

The meeting adopted the FY2026 audited results, which showed revenue of 624.4 million Singapore dollars, up 18% year on year, while operating profit declined 19% to 62.8 million Singapore dollars. Net profit surged to 236.3 million Singapore dollars, lifted by a one-off gain from the divestment of 21 Singapore properties to the group’s real estate investment trust. Adjusted net profit, excluding non-recurring items, fell 35%. Return on equity rose to 29%.

Shareholders also re-elected directors Dr Tan Khee Giap and Mak Lye Mun, approved directors’ fees of up to 338,000 Singapore dollars for FY2027 and a one-off additional 500,000 Singapore dollars in fees for FY2026, and re-appointed PricewaterhouseCoopers LLP as external auditor.

Mandates were renewed authorising the board to issue new shares of up to 50% of issued capital, to buy back up to 10% of shares, and to allot shares under the Boustead Scrip Dividend Scheme. The meeting concluded at 4:39 p.m.