Yoma Strategic Holdings Ltd (Z59) reported that all 15 resolutions tabled at its Annual General Meeting (“AGM”) on Jul, 30 2026 were duly approved by poll. Key ordinary business included the adoption of FY 2026 financial statements, additional directors’ fees of about 0.064 million Singapore dollars for FY 2026, and directors’ fees of up to 0.354 million Singapore dollars for FY 2027. Shareholders also re-elected four directors and re-appointed CLA Global TS Public Accounting Corporation as independent auditor.

Under special business, investors authorised the board to issue new shares and instruments representing up to 50 % of issued capital, renewed the company’s share purchase mandate (up to 10 % of issued shares), and approved share-based incentive awards, including 2.0 million shares for Chief Executive Officer Melvyn Pun and 0.5 million shares for Executive Director Cyrus Pun under the Yoma Performance Share Plan 2025.

During the question-and-answer session, management disclosed that: • Core EBITDA for FY 2026 reached approximately US$49 million, a record for the group. • Net gearing stood near 18 % and is targeted to be lowered to 10-15 % within two years to trim interest expense. • Wave Money’s customer trust accounts contributed significantly to the group’s reported cash balances; excluding these, cash and equivalents were US$47.3 million as at Mar, 31 2026. • Yoma Central’s restart is among the firm’s top three priorities, with a phased approach under discussion to rebalance the mix toward residential and retail components and attract external capital. The project contributed about US$10 million of FY 2026 finance costs. • Wave Money is undertaking technology upgrades, digital lending pilots and merchant-network expansion, while Yoma Motors and Yoma Fleet are expected to drive growth over the next 12 months.

Management reiterated that dividend resumption and any redemption of its 20 % perpetual securities will depend on clarity over Yoma Central’s funding structure. The board plans a strategic review in late-2026 to assess capital allocation and potential new business directions.