GigaMedia Limited announced on June 26, 2025, that all resolutions presented at its Annual General Meeting (AGM) were duly passed by shareholders. The resolutions had been set out in the Notice of AGM dated May 27, 2025.
Key approvals included the adoption of the audited financial statements, which received 99.25% of votes in favor, and the appointment of auditors, approved with 96.22% of votes. Directors' remuneration was also approved with 98.80% support from shareholders.
Significantly, shareholders granted approval for the authority to allot and issue shares, with 97.65% of votes in favor. Additionally, a share purchase mandate was approved with 99.07% of votes, providing the company with the flexibility to potentially repurchase its own shares in the future.
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