Aedge Group AGM 2025: All Resolutions Passed Unanimously, Green Light for Share Issuance and Leadership Continuity

Key Takeaways from Aedge Group Limited’s 2025 Annual General Meeting

Aedge Group Limited held its Annual General Meeting (AGM) on 28 October 2025 at SAFRA Toa Payoh, Singapore, with the Board of Directors, shareholders, company management, and external professionals in attendance. The meeting was chaired by Executive Chairman and CEO, Mr Poh Soon Keng.

Highlights from the AGM

• All Resolutions Passed with 100% Approval: Every resolution, including the adoption of financial statements, directors’ re-elections, auditor re-appointment, and share issuance mandates, was passed unanimously with no votes against. This clear support underscores strong shareholder confidence in management and the group’s strategic direction.
• Financial Results and Remuneration: Shareholders approved the adoption of the audited financial statements for the year ended 30 June 2025 and the payment of S\$112,000 in directors’ fees for the fiscal year.
• Leadership Continuity: Key directors, including Mr Poh Soon Keng (Executive Chairman and CEO), Mr Goh Joon Lian (Independent Non-Executive Director), and Mr Cheam Heng Haw (Independent Non-Executive Director), were re-elected. All indicated their consent to continue in their current roles, ensuring stability at the highest levels of the company.
• Auditor Re-appointment: Messrs Moore Stephens LLP was re-appointed as auditors, allowing the company to maintain continuity in financial oversight.
• Approval for Share Issuance: Significantly, shareholders granted broad authority to the Board to issue new shares under both the Aedge Performance Share Plan (up to 15% of issued shares) and, more broadly, up to 100% of issued share capital (with 50% maximum for non pro-rata offerings) in accordance with the Companies Act and Catalist Rules.

Details Investors Need to Know

• No Shareholder Questions or Objections: Notably, no questions were submitted before or during the AGM, and there was no opposition to any resolution, suggesting high levels of satisfaction or confidence among shareholders.
• Comprehensive Share Issuance Mandate: The authority to issue shares—both via the performance share plan and through general mandates—equips the company with flexibility to raise funds, incentivise employees, or pursue strategic opportunities without requiring further shareholder approval until the next AGM. This could have a material effect on share value, depending on how and when it is exercised.
• Performance Share Plan (PSP): The PSP allows the Board to issue new shares as part of performance-based awards. The aggregate number of shares that may be issued under the PSP and all other share schemes is capped at 15% of the company’s issued shares (excluding treasury shares and subsidiary holdings). This can serve as a tool to align management interests with shareholders and potentially drive performance.
• General Mandate for Share Issuance: The Board can now issue up to 100% of the company’s issued share capital (excluding treasury shares and subsidiary holdings), with a cap of 50% for non pro-rata issuances, such as private placements. This is a significant power that, if exercised, could result in substantial dilution for existing shareholders but also provides the company with the ability to act quickly on potential growth opportunities or urgent capital needs.
• Leadership Stability: The re-election of all retiring directors, including the CEO and independent directors, provides continuity and signals stability to investors.

Potentially Price-Sensitive Elements

• Share Issuance Mandates: The broad share issuance authorities are potentially price-sensitive. Investors should closely monitor for any announcements regarding new share issues, as these could impact share price via dilution or signal new strategic initiatives, acquisitions, or capital raises.
• Unanimous Shareholder Support: The 100% approval on all resolutions is an indicator of shareholder confidence and could be viewed as a positive signal by the market.

Results of Poll Voting

Conclusion

With all resolutions passed unanimously, Aedge Group Limited is now well-positioned for operational flexibility and leadership continuity. Investors should stay alert for any share issuance announcements, as these could impact share price and signal new strategic directions for the company.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisors before making investment decisions. The writer is not responsible for any losses arising from reliance on this report.

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