Ooredoo Maldives Wraps Up AGM 2025

The Annual General Meeting (AGM) of Ooredoo Maldives was held last Sunday at 21:30 hrs. Shareholders participated at the AGM both physically and virtually; physically at the Ooredoo Maldives Headquarters, K. Hulhumale’ and virtually through the Online Meeting Management System ‘FahiVote’ of the Maldives Securities Depository Company Pvt Ltd (MSD). 

The AGM was attended by 74 shareholders, with 60 shareholders present in person and another 11 proxy holders representing 14 shareholders. The total number of shares represented at the AGM was 134,282,487, representing 90.85% of the total issued shares.

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As proposed in the Agenda of the AGM, the Shareholders approved the Minutes of the Annual General Meeting held last Thursday, the Minutes of the Extraordinary General Meeting held on 15^th December 2024, the Audited Financial Statements with the Auditors’ Report for the year 2024, the Company’s Directors Report for the year 2024, the appointment of KPMG as the Auditors for the year 2025 and their remuneration. 

The Shareholders also approved MVR 3.43 Laari per share as the dividend for the year 2024. Additionally, the re-election and appointment of Mr. George Bowring Challenor, Mr. Vikram Sinha and Ms. Moza Mohd A Y Darwish on the Board of Directors of Ooredoo Maldives was approved by the majority Shareholder, Wataniya International FZ-LLC. 

“We take this opportunity to express our gratitude to our Shareholders for their continued support and trust in us. We reiterate our commitment to always work in the best interest of the Shareholders and we will continue our efforts towards enriching the lives of the Maldivians.” Ooredoo Maldives said in their statement.