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Maldivian Operator Dhiraagu Holds its First Virtual AGM

Maldivian Operator Dhiraagu Holds its First Virtual AGM Image Credit: Dhiraagu

Dhiraagu has successfully hosted its 31st Annual General Meeting (AGM) on a virtual platform using ‘Fahivote’, an online General Meeting Management System developed by Maldives Security Depository.

This is also the first time a virtual AGM has been held through ‘Fahivote’. With 68 shareholders in person and by proxy registered to attend and participate, the AGM concluded successfully by passing all the resolutions proposed.  

Despite the multifaceted challenges, Dhiraagu said that it continued to defend its market leadership position in all our key markets and product portfolio during the year.

 

At the meeting shareholders resolved to approve a full year dividend of MVR 12.00 per share which compromises of MVR 4.14 per share paid as interim dividend in 2019 and MVR 7.86 per share approved by the shareholders as the final dividend during the 31st AGM. 

Looking at Dhiraagu's corporate highlights from 2019, the Operator achieved major milestones by launching the first 5G network in the Maldives and South Asia region, and became the first operator to roll-out Fibre Broadband services to 75% of the households in the country.

Ismail Rasheed, CEO and Managing Director, Dhiraagu
We are very excited to host our first virtual AGM, as it reflects our efforts to digitize the way our community lives and works. With the current situation, it has also enabled our shareholders across the country to participate at the Meeting.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

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