Singapore/Hong Kong – 22 April 2026 – China Everbright Water Limited (CEB Water) announced that shareholders backed every item on the agenda at today’s Annual General Meeting (AGM), with approval rates ranging from 97.80% to 99.99%.
Dividend and FY 2025 Accounts • A final one-tier tax-exempt dividend of 4.22 Hong Kong cents (0.69 Singapore cents) per share for FY 2025 was endorsed by 99.99% of the 2.09 billion shares that voted. • The Directors’ Statement and audited financial statements for the year ended 31 December 2025, together with the auditors’ report, were accepted with 99.99% support.
Board Fees and Re-elections • Director fees of SGD 0.35 million for FY 2025 received 99.98% approval. • Executive Director and CEO Mr Xiong Jianping was re-elected with 99.99% support and continues as CEO, Sustainability Committee Chair and Strategy Committee member. • Independent Non-Executive Director Mr Ng Joo Hee Peter was re-elected with 99.87% support and remains Chair of the Nominating Committee as well as a member of the Audit, Strategy and Sustainability Committees.
Auditor Re-appointment • KPMG LLP (Singapore) and KPMG (Hong Kong) were re-appointed as auditors, securing 99.98% of votes cast.
Capital Management Authorities • General mandate to allot and issue new shares: 99.97% approval. • Authority to issue shares under the Scrip Dividend Scheme: 99.97% approval. • Renewal of the share buy-back mandate: 99.99% approval, reinforcing the company’s flexibility in capital allocation.
Interested Person Transaction (IPT) Mandate • Renewal of the IPT mandate passed with 97.80% support. Major shareholder China Everbright Water Holdings Limited, holding 2.08 billion shares, abstained from voting in line with listing requirements.
Governance Update • Shareholders adopted a comprehensive revision of the company’s Bye-laws, with 99.98% voting in favour. The new Bye-laws take immediate effect following the AGM.
Voting Mechanics and Participation • Total shares in issue: 2.86 billion. • Shares voted on ordinary resolutions: approximately 2.09 billion (73% of issued shares). • Reliance 3P Advisory Pte. Ltd. acted as independent scrutineer. • All resolutions 1–9 were passed as ordinary resolutions (≥50% approval); Resolution 10 met the ≥75% threshold as a special resolution.
Board Attendance All directors attended the AGM in person except Chairman Mr Luan Zusheng, who was absent due to prior business commitments.
The decisive voting outcomes provide CEB Water with shareholder endorsement to proceed with its FY 2025 dividend distribution, maintain current board composition, continue external audit arrangements, exercise capital management flexibilities, and implement the updated corporate governance framework.
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