The 2017 Annual General Meeting (“AGM”) of Ooredoo Maldives was held last night(Sunday, 1st October 2017), at 2030hrs at Dharubaaruge Rannabandeyri Maalam, Male’, Republic of Maldives.
The AGM was attended by 699 shareholders, with 202 shareholders being present in person and another 497 shareholders being present by proxy. The total number of shares represented at the AGM was 136,001,559 (one hundred and thirty six million one thousand five hundred and fifty nine) shares.
In accordance with the Agenda issued for the AGM,the minutes of the AGM held in 2016, the Financial Statements and Auditors Report 2016, the Directors’ Report 2016 and the appointment of Auditors for 2017 with their remuneration was approved by the shareholders. The nomination of a Director to the Board of Directorsby Wataniya International FZ-LLC was withdrawn by Wataniya International FZ-LLC and this agenda item was therefore not considered at the AGM. The general shareholders who attended the AGM voted for a Director to represent them on the Board of Directors and Mr. AhmedZuhoor of H. MaabandeyriAage,(who is the current Chief Executive Officer of the State Electricity Company Limited)was elected as the Public Director to represent them on the Board. On behalf of Ooredoo Maldives we would like to wish a very warm welcome to Mr. Ahmed Zuhoor as a Board member.
At this AGM it was also announced that the Managing Director and Board Director of Ooredoo Maldives Mr. Vikram Sinha was resigning from the Board. Mr. Vikram Sinha has also served as the Chief Executive Officer of Ooredoo Maldives for more than 3 years and has contributed tremendously to the growth journey of the company, for which our many thanks to Mr. Sinha.
Ooredoo Maldives would like to thank all the shareholders for their great support and assure them that we will always work in the best interest of our shareholders.
Ooredoo Maldives held Annual General Meeting .
