United Overseas Australia (UOS) AGM 2026 summary

Opening remarks and agenda

• Meeting resumed virtually with board members, auditors, and management present; condolences expressed for the passing of Co-Founder Mr. C.S. Kong.

• Quorum confirmed, proxies received for 1.37 billion votes, and agenda followed as per notice.

Board and executive committee updates

• Mr. Chee Seng Teo, Ms. Jeslyn Leong, and Mr. Kong Sze Hou offered for re-election as directors per constitution; all eligible and standing for re-election.

• Passing of Co-Founder Mr. C.S. Kong acknowledged, with board expressing condolences.

Financial performance review

• Significant revaluations in Malaysia driven by investment property adjustments; details available via Bursa Malaysia.

• Investment segment profit return clarified as 1.5%, with segment reporting differences explained.

• ROE calculation method clarified; future reports to amend presentation for clarity.

• Operating leverage limited as admin expenses rose in line with other revenue; other expenses increased due to one-off items and higher maintenance costs.

• Gross profit margin in development down 2% year-on-year due to rising material costs and market competition.