Far East Orchard (O10) shareholders approve all resolutions at 58th AGM, including S$0.04 final dividend

SGX Filings
May 14

Far East Orchard (O10) said its shareholders passed all resolutions at the company’s 58th Annual General Meeting held on Apr, 17 2026.

The meeting approved the audited financial statements for the financial year ended Dec, 31 2025 and endorsed a first and final one-tier tax-exempt dividend of 0.04 Singapore dollars per ordinary share, payable on or around Jun, 29 2026.

Shareholders also authorised directors’ fees of up to 560,000 Singapore dollars for FY2026 and re-elected directors Ee Choo Lin Diana, Koh Kah Sek, Alan Tang Yew Kuen and Ong Yin Suen. Deloitte & Touche LLP was re-appointed as independent auditor.

Under special business, investors renewed the mandate allowing the company to issue new shares up to 50% of issued share capital, with a 20% sub-limit for non-pro-rata issues, and renewed the interested-person transaction mandate.

During the meeting Group CEO Alan Tang outlined the “FEOR30” strategy, targeting by 2030 a 50% increase in core assets under management to 3 billion Singapore dollars and a 50% rise in hospitality rooms and purpose-built student accommodation beds to more than 110,000.

All resolutions were approved with support ranging from 96.84% to 99.99% of votes cast. The meeting concluded at 11:13 a.m.

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