Result of Annual General Meeting Held on 30 June 2017
TAIPEI, Taiwan, July 3, 2017 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM), an online games services provider, wishes to announce that at the Annual General Meeting ("AGM") of the Company held on 30 June 2017, all resolutions relating to the matters set out in the Notice of AGM dated 26 May 2017 was duly passed.
Poll Results
The results of the poll in respect of each of the resolutions put to vote at the AGM, as confirmed by scrutineer for the poll at the AGM, are as follow:
Resolution 1 -- Adoption of audited financial statements
FOR AGAINST ABSTAIN
--- ------- -------
No. of % of total votes No. of votes % of total votes No. of votes % of total votes
votes exercised at AGM exercised at AGM exercised at AGM
------ ---------------- ------------ ---------------- ------------ ----------------
8,205,739 98.46 82,728 0.99 45,398 0.55
--------- ----- ------ ---- ------ ----
Resolution 2 -- Approval of appointment of auditors
FOR AGAINST ABSTAIN
--- ------- -------
No. of % of total votes No. of votes % of total votes No. of votes % of total votes
votes exercised at AGM exercised at AGM exercised at AGM
------ ---------------- ------------ ---------------- ------------ ----------------
8,121,703 97.46 186,941 2.24 25,221 0.30
--------- ----- ------- ---- ------ ----
Resolution 3 -- Approval of Directors' remuneration
FOR AGAINST ABSTAIN
--- ------- -------
No. of % of total votes No. of votes % of total votes No. of votes % of total votes
votes exercised at AGM exercised at AGM exercised at AGM
------ ---------------- ------------ ---------------- ------------ ----------------
3,545,677 97.00 100,209 2.74 9,618 0.26
--------- ----- ------- ---- ----- ----
Resolution 4 -- Approval for authority to allot and issue shares
FOR AGAINST ABSTAIN
--- ------- -------
No. of % of total votes No. of votes % of total votes No. of votes % of total votes
votes exercised at AGM exercised at AGM exercised at AGM
------ ---------------- ------------ ---------------- ------------ ----------------
3,516,115 96.19 122,562 3.35 16,827 0.46
--------- ----- ------- ---- ------ ----
Resolution 5 -- Approval for share purchase mandate
FOR AGAINST ABSTAIN
--- ------- -------
No. of % of total votes No. of votes % of total votes No. of votes % of total votes
votes exercised at AGM exercised at AGM exercised at AGM
------ ---------------- ------------ ---------------- ------------ ----------------
3,584,039 98.04 64,288 1.76 7,177 0.20
--------- ----- ------ ---- ----- ----
About GigaMedia
Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of online games. GigaMedia's online games business is an innovative leader in Asia with growing game development, distribution and operation capabilities, as well as platform services for games; focus is on mobile games and social casino games. More information on GigaMedia can be obtained from www.gigamedia.com.
The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. GigaMedia cautions readers that forward-looking statements are based on the company's current expectations and involve a number of risks and uncertainties. Actual results may differ materially from those contained in such forward-looking statements. Information as to certain factors that could cause actual results to vary can be found in GigaMedia's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission in April 2017.
For further information contact:
Annie Sun
Investor Relations Department
Tel: +886-2-2656-8096
IR@gigamedia.com.tw
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SOURCE GigaMedia Limited
