Leon Fuat Bhd shareholders have approved a final single-tier dividend of one sen per share for the financial year ended Dec 31, 2025 (FY25).
The dividend was approved at the steel manufacturer and trader’s AGM on June 12, with payment scheduled for July 24, 2026, based on shareholders registered as at June 30, 2026.
The group said the payout reflects its commitment to delivering returns while maintaining prudent capital management amid ongoing volatility in steel prices and foreign exchange movements.
Shareholders at the AGM also approved the re-election of directors, the re-appointment of auditors and the renewal of a mandate allowing the issuance of shares of up to 10% of total issued capital to support future funding needs.
The group also secured approval for its shareholders’ mandate on recurrent related party transactions, enabling continued day-to-day operational dealings under standard commercial terms.
Executive Director Calvin Ooi Shang How said shareholders’ strong support reflects confidence in the group’s strategy as it builds on improved profitability in FY25 and a steady start to FY26.
He added that the group remains focused on disciplined execution, inventory management and efficiency improvements across its trading, processing and downstream manufacturing segments.
