H2G Green Limited: Annual General Meeting and Financial Highlights (FY2025)

4H2G Green Limited held its 26th Annual General Meeting (AGM) on July 28, 2025, where shareholders reviewed and approved key resolutions for the financial year ended 31 March 2025. This article summarizes the proceedings, board activity, director remuneration, share mandates, and other material corporate actions disclosed in the AGM minutes.

Key Financial Metrics

The AGM saw the adoption of the Directors’ Statement and the Audited Financial Statements for the financial year ended 31 March 2025. However, specific financial figures such as revenue, net profit, EPS, and dividends were not disclosed in the minutes. As a result, no comparative financial table can be provided in this analysis.

Board and Director Activity

• Re-election of Director: Mr. Lien Kait Long was re-elected as Director, having retired by rotation and indicated his consent to continue serving.
• Director Fees:
  • For FY2026, directors’ fees of S\$157,000 were approved, to be paid quarterly in arrears.
  • A one-off payment of S\$22,500 was approved for directors’ fees for FY2025.
  • The Chairman recused himself from these resolutions, and Ms. Leow Sau Wan (Executive Director) facilitated those sections of the meeting.

Auditors

• Messrs Foo Kon Tan LLP was re-appointed as the company’s auditors for the coming year, with the directors authorized to fix their remuneration.

Share Issuance and Buyback Mandates

• Authority to Allot and Issue Shares: The board received approval to allot and issue new shares and convertible securities up to 100% of issued shares, with up to 50% on a non-pro-rata basis. This authority is valid until the next AGM or as otherwise required by law.
• Share Buyback Mandate:
  • Renewal of the mandate allows the purchase or acquisition of up to 10% of issued shares (excluding treasury shares and subsidiary holdings).
  • Maximum price: 105% of the average closing price for market purchases and 120% for off-market purchases.
  • Shares can be cancelled or held in treasury.
  • Certain shareholders (including directors and major shareholders) abstained from voting on this resolution, complying with SGX and statutory requirements.

Interested Person Transactions

• General Mandate Renewal: The company renewed its general mandate to enter into interested person transactions (IPTs) on normal commercial terms, as described in the AGM appendix and in accordance with SGX Catalist Rules.
• Relevant shareholders and their associates abstained from voting on this resolution.

Poll Results

All resolutions put to a vote at the AGM were carried with 100% approval from voting shareholders for each resolution (apart from the abstentions required for compliance). The poll was conducted by B.A.C.S. Private Limited (Polling Agent) and Agile 8 Solutions Pte. Ltd. (Scrutineer).

Chairman’s Statement and Tone

The minutes do not include a detailed Chairman’s Statement. However, the tone of the meeting was businesslike and positive, with all resolutions approved unanimously and no questions or objections raised by shareholders during the meeting. The Chairman thanked all present for their attendance and participation.

Other Material Events

• No mention of extraordinary items, asset revaluation, fundraising, IPOs, divestments, or major restructuring in the minutes.
• No legal actions, natural disasters, or macroeconomic policy shifts were reported as impacting business during the period under review.

Conclusion

Based strictly on the AGM minutes, H2G Green Limited demonstrates a stable and orderly governance environment, with all shareholder resolutions carried unanimously and no apparent controversy. The re-election of directors, renewal of share mandates, and approval of IPTs indicate continuity and adherence to corporate governance norms. While no financial figures or performance trends were included in the minutes, the absence of dissent or negative disclosures suggests a neutral to slightly positive outlook on company stability. Investors should review the full audited financial statements for detailed analysis before drawing firm conclusions about financial strength or outlook.

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