{"id":5711,"date":"2026-02-18T16:00:00","date_gmt":"2026-02-18T03:00:00","guid":{"rendered":"https:\/\/mpe.gov.to\/?p=5711"},"modified":"2026-02-26T09:05:17","modified_gmt":"2026-02-25T20:05:17","slug":"18th-feb-2026-tonga-water-board-and-waste-authority-limited-annual-general-meeting-for-the-financial-year-2024-2025","status":"publish","type":"post","link":"https:\/\/mpe.gov.to\/?p=5711","title":{"rendered":"18th Feb, 2026: Annual General Meeting for Tonga Water Board for the Financial Year 2023\/2024 and Waste Authority Limited for the Financial Year 2024\/2025"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5711\" class=\"elementor elementor-5711\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2deaf5f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2deaf5f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-68a4871\" data-id=\"68a4871\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a874bae elementor-widget elementor-widget-text-editor\" data-id=\"a874bae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h6><img decoding=\"async\" class=\"aligncenter wp-image-5652\" src=\"http:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/sila-o-tonga-270x300.png\" alt=\"\" width=\"86\" height=\"95\" srcset=\"https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/sila-o-tonga-270x300.png 270w, https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/sila-o-tonga-922x1024.png 922w, https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/sila-o-tonga-768x853.png 768w, https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/sila-o-tonga.png 1200w\" sizes=\"(max-width: 86px) 100vw, 86px\" \/><br \/>GOVERNMENT OF TONGA<\/h6><h5>PRESS RELEASE\u00a0<\/h5><h5>&#8220;Annual General Meeting for Tonga Water Board for the Financial Year 2023\/2024 and Waste Authority Limited for the Financial Year 2024\/2025&#8221;<\/h5>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-eb01524 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"eb01524\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ba61f88\" data-id=\"ba61f88\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c8e787 elementor-widget elementor-widget-text-editor\" data-id=\"7c8e787\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Date<\/strong>: 18th February, 2026<\/p><p><strong>Venue<\/strong>: Tonga Power Limited Board Room at Matatoa, Tofoa<\/p><p>The Ministry announces the successful completion of the Annual General Meeting (AGM) for Tonga Water Board (TWB) for the Financial Year (FY) 2023\/24 and Waste Authority Limited (WAL) for the Financial Year (FY) 2024\/25 that was held on the 18<sup>th<\/sup> February, 2026 at the Tonga Power Limited Board Room, Matatoa.<\/p><p>The meeting, which was chaired by the Minister for Public Enterprises (Shareholder representative), Hon. Siaosi Ofa ki Vahafolau Sovaleni, focused on the adoption of the Audited Annual Report for the FY2023\/24 (TWB) and FY 2024\/25 (WAL), the declaration of dividends based on the audited financial performance, and the appointment of the External Auditor for the FY2024\/25 (TWB) and FY 2025\/26 (WAL).<\/p><p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-5713\" src=\"http:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-01.png\" alt=\"\" width=\"740\" height=\"347\" srcset=\"https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-01.png 726w, https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-01-300x140.png 300w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/p><p>A key outcome of the AGM was the declaration and mutual agreement of a dividend payout equivalent to 50.5% of TWB and 74.5% of WAL\u2019s Net Profit after Tax (NPAT) for the year to be paid to the shareholder \u2013 Government of Tonga.<\/p><p>Present at the AGM were members of the Board of Directors, the CEO Assistant &amp; Board Engagement, the Chief Executive Officer of the Ministry, and Senior Management for the Ministry.<\/p><p><img decoding=\"async\" class=\"aligncenter wp-image-5712\" src=\"http:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png\" alt=\"\" width=\"744\" height=\"326\" srcset=\"https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png 724w, https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-300x131.png 300w\" sizes=\"(max-width: 744px) 100vw, 744px\" \/><\/p><p>The Shareholder commended the Board, Management, and staff for their dedication and prudent stewardship, which have enabled TWB and WAL to achieve positive outcomes despite operational challenges they had come across during the financial year.\u00a0<\/p><p>TWB and WAL remains committed to strengthening service delivery, enhancing environmental sustainability, and supporting national development priorities in the years ahead.<\/p><p>\u00a0<\/p><p>\u00a0<\/p><p>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0&#8212;- <strong>ENDS<\/strong> &#8212;-<\/p><pre><strong>Issued by the: <\/strong><em>Ministry of Public Enterprises, Nuku\u00e1lofa, Tonga<\/em><strong>. Tel: <\/strong><em>(676) 7400251<\/em><\/pre><pre><em>For media enquiries<\/em><strong>: <em>Email:<\/em> <\/strong><a href=\"mailto:it@mpe.gov.to\"><strong>it@mpe.gov.to<\/strong><\/a><strong> <em>Website:<\/em> <\/strong><a href=\"http:\/\/www.mpe.gov.to\">www.mpe.gov.to<\/a><\/pre>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>GOVERNMENT OF TONGA PRESS RELEASE\u00a0 &#8220;Annual General Meeting for Tonga Water Board for the Financial Year 2023\/2024 and Waste Authority Limited for the Financial Year<span class=\"more-button\"><a href=\"https:\/\/mpe.gov.to\/?p=5711\" class=\"more-link\">Continue Reading<span class=\"screen-reader-text\">18th Feb, 2026: Annual General Meeting for Tonga Water Board for the Financial Year 2023\/2024 and Waste Authority Limited for the Financial Year 2024\/2025<\/span><\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":5712,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"vkexunit_cta_each_option":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-5711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"landscape":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"portraits":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"thumbnail":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-150x150.png",150,150,true],"medium":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-300x131.png",300,131,true],"large":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"1536x1536":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"2048x2048":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"post-thumbnail":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-470x264.png",470,264,true],"clean-enterprise-slider":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"clean-enterprise-header-inner":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"clean-enterprise-service":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-470x317.png",470,317,true],"clean-enterprise-choose-stats":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-70x70.png",70,70,true],"clean-enterprise-hero":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"clean-enterprise-portfolio-first":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00.png",724,317,false],"clean-enterprise-portfolio":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-470x317.png",470,317,true],"clean-enterprise-team":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-470x317.png",470,317,true],"clean-enterprise-testimonial":["https:\/\/mpe.gov.to\/wp-content\/uploads\/2026\/02\/AGM-TWB-WAL-2026-00-150x150.png",150,150,true]},"rttpg_author":{"display_name":false,"author_link":"https:\/\/mpe.gov.to\/?author=1"},"rttpg_comment":4,"rttpg_category":"<a href=\"https:\/\/mpe.gov.to\/?cat=1\" rel=\"category\">Uncategorized<\/a>","rttpg_excerpt":"GOVERNMENT OF TONGA PRESS RELEASE\u00a0 &#8220;Annual General Meeting for Tonga Water Board for the Financial Year 2023\/2024 and Waste Authority Limited for the Financial YearContinue Reading18th Feb, 2026: Annual General Meeting for Tonga Water Board for the Financial Year 2023\/2024 and Waste Authority Limited for the Financial Year 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