The 33rd Annual General Meeting of Dhivehi Raajjeyge Gulhun Plc (DHIRAAGU) was held on Thursday, 24th March 2022 at 08:26pm at Crossroads Maldives. The meeting was a hybrid meeting where our shareholders were able to participate in the meeting physically and online through the Fahivote (an online General Meetings Management System developed by Maldives Securities Depository Pvt Ltd). One hundred and twelve shareholders (71 shareholders and 41 shareholders represented by proxy) registered to attend the meeting. The following resolutions were passed by the required majority who were present and voting at the meeting.
1. Approval of the Annual Report 2021 including the Director’s Report and Audited Financial Statements for the year ended 31st December 2021.
2. Declaration of a full year dividend of MVR 471,200,00(Maldivian Rufiyaa four hundred and seventy-one million two hundred thousand) amounting to MVR 6.20 per share for the year 2021. The full year dividend is made up of
i. Interim Dividend of MVR 2.07 per share (total MVR 157,320,000) paid in 2021, and
ii. Final Dividend of MVR 4.13 per share (total MVR 313,880,000) declared at the 33rd Annual General Meeting.
3. Election of Mr. Ahmed Mohamed Didi as the Public Director of the Company’s Board of Directors until the conclusion of the 35th Annual General meeting of the Company; after receiving the necessary majority of votes from the public shareholders present and voting at the meeting.
4. Re-appointment of KPMG as the Company’s External Auditors for the year 2022, to hold office until the conclusion of the next Annual General Meeting to carry out the statutory audit for the year ending 31st December 2022, and the approval of External Auditors fees.
5. Granting the Board of Directors, the authority to approve and declare any interim dividend in accordance with the Company’s Dividend Policy during the financial year 2022.
