Ooredoo successfully concludes virtual AGM with FahiVote

Ooredoo launches the first ever commitment based Prepaid plans in the Maldives - “Aachaa Prepaid” | Photo: Corporate Maldives

Malé, Maldives – Ooredoo Maldives has successfully concluded their Annual General Meeting for the year 2020. The virtual meeting on Tuesday night was held via the Online Meeting Management System “FahiVote” of the Maldives Securities Depository Company Pvt Ltd (MSD).

A total of 44 shareholders attended the meeting, with 36 shareholders being present in person while the remaining 8 shareholders were present by proxy.

The total number of shares represented at the meeting amounted to 134,138,633 (hundred and thirty four million one hundred and thirty eight thousand six hundred and thirty three) shares which is 90.76% of the total issued shares of the company. The shareholders approved MVR 2.34 per share as dividend for the year.

The virtual AGM was concluded with MVR 2.34 approved per share as dividends for the year 2020 by shareholders in attendance.

The shareholders at the meeting also approved various agendas including the minutes of the Annual General Meeting, the Audited Financial Statements with the Auditor’s Report for the year 2020, the Company’s Directors Report for the year 2020 and the appointment of Price Waterhouse Coopers (PWC) as the Auditors for the year 2021 and their remuneration.

Ooredoo Maldives expressed their commitment to enriching the lives of the communities they operate in both socially and economically. The company also conveyed their gratitude and appreciation to all the shareholders in a statement, for their continued support and their confidence in in the company during 2020, helping to achieve many milestones despite the challenges they faced due to the Covid-19 pandemic.