Ooredoo Maldives has announced a profit of MVR 3.43 per share for the past financial year, with shareholders approving the distribution of dividends. The decision was finalized at the company’s Annual General Meeting (AGM), held at its headquarters.
A total of 134,282,487 shares were represented at the AGM, accounting for 90.85% of the company’s total issued shares. The meeting was attended by 74 shareholders, with 60 participating in person. Additionally, 11 proxies represented 14 shareholders.
During the AGM, shareholders approved key resolutions, including the audited financial statements, directors' report, and auditors' report for the year. The minutes of the Annual General Meeting held on March 7 and the Extraordinary General Meeting on December 15 were also approved.
Furthermore, KPMG was reappointed as the company’s auditors for the upcoming financial year, with shareholder approval for their remuneration. The dividend payout of MVR 3.43 per share was confirmed as part of the financial resolutions.
In terms of leadership, Wataniya International FZ-LLC, the majority shareholder, approved the re-election and appointment of three board members: Mr. George Bowring Challenor, Vikram Sinha, and Ms. Moza Mohd A Y Darwish.