Ooredoo Maldives Plc. held an Extraordinary General Meeting last night at Hotel Jen.
The EGM was attended by 91 Shareholders, with 59 Shareholders being present in person and another 32 Shareholders being present by proxy.
The EGM was held to propose amendments to the Memorandum and Articles of Association of the Company.
The main proposed amendment was defining a term of office for the Director to be elected by the general Shareholders, as requested at the Annual General Meeting (“AGM”) held on 3rd March 2019, by the general Shareholders. Along with this amendment, further amendments were proposed to align the operations with the Company’s objectives and provide more clarity to the Shareholders.
The amended Memorandum and Articles of Association will be published on Ooredoo Maldives website once the amended Memorandum and Articles of Association has been registered with the Ministry of Economic Development.