YHI International Limited held its Annual General Meeting on Apr, 29 2026 and secured shareholder backing for all nine resolutions tabled.

Shareholders adopted the Directors’ Statement and audited financial statements for the year ended Dec, 31 2025, with 99.98% of votes cast in favour.

A first and final tax-exempt dividend of 1.72 Singapore cents per ordinary share was approved; payment is scheduled for May, 18 2026.

Independent Director Gn Jong Yuh Gwendolyn was re-elected, while Ryan Tay Guoren was elected as an Executive Director. Incumbent Executive Director Tay Tiang Guan retired at the close of the meeting and will serve as a senior advisor.

Investors endorsed the payment of about 0.15 million Singapore dollars in directors’ fees for FY2025 and re-appointed PricewaterhouseCoopers LLP as external auditors.

Two mandates were renewed: authority for the board to issue new shares—capped at 50% of issued capital, with a 20% limit for non-pro-rata issues—and the renewal of the company’s share buy-back mandate for up to 10% of issued shares at a maximum price of 105% of the average closing price.

Shareholders also approved continuing the 2021 YHI Share Option Scheme, allowing new shares issued under the plan and other incentive schemes to reach up to 15% of issued capital.

Management replied to investor questions, noting that the Malaysia wheel plant’s capacity will rise 30% by Jun, 2026 following equipment transfers, while the converted Suzhou facility is now 90% leased, generating about 12.5 million yuan in annual rental income.

Capital expenditure is expected to moderate to around 5–6 million Singapore dollars per year, focused mainly on maintaining the Malaysia plant, with no further significant write-offs anticipated from prior factory closures.

Looking ahead, YHI International plans to prioritise its global distribution business, particularly in energy products and European wheel markets, while maintaining existing manufacturing capacity.