Ooredoo Maldives Shareholders Approve MVR 3.43 Dividend for 2024

Ooredoo Maldives Plc held its Annual General Meeting (AGM) on Sunday, 9th March 2025, where shareholders approved key resolutions, including the declaration of a dividend of MVR 3.43 per share for 2024.

The AGM took place at the company’s headquarters in Hulhumale’ and was accessible virtually via the Maldives Securities Depository’s “FahiVote” platform. A total of 74 shareholders attended, with 60 present in person and 11 proxy-holders representing 14 additional shareholders. In total, 134,282,487 shares were represented, accounting for 90.85% of the company’s total issued shares.

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During the meeting, shareholders approved several agenda points, including the minutes of previous meetings, the audited financial statements and directors’ report for 2024, and the appointment of KPMG as auditors for 2025. The re-election and appointment of directors Mr. George Bowring Challenor, Mr. Vikram Sinha, and Ms. Moza Mohd A Y Darwish were also confirmed by the majority shareholder, Wataniya International FZ-LLC.

Ooredoo Maldives expressed its gratitude to shareholders for their continued trust and reaffirmed its commitment to enhancing services for Maldivians.

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