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NOTICE OF THE TWENTY-FOURTH ANNUAL GENERAL MEETING OF SHAREHOLDERS
GigaMedia LimitedIncorporated in the Republic of SingaporeRegistration No.: 199905474H REGISTERED OFFICE80 Robinson Road, #02-00Singapore 068898 TAIPEI, May
About this update from Gigamedia Limited
[{"type":"text","content":"GigaMedia LimitedIncorporated in the Republic of SingaporeRegistration No.: 199905474H\nREGISTERED OFFICE80 Robinson Road, #02-00Singapore 068898\nTAIPEI, May 19, 2023 /PRNewswire/ -- NOTICE IS HEREBY GIVEN that the 24th annual general meeting of the shareholders of GigaMedia Limited (the \"Company\") will be held on June 29, 2023 at 11 a.m. local time at 8F, No.22, Lane 407, Sec.2, Tiding Blvd., Neihu District, Taipei, Taiwan, R.O.C , for the following purposes:\nAS ORDINARY AND SPECIAL BUSINESS\nORDINARY RESOLUTIONS: \nTo consider and, if thought fit, to pass, with or without modification, the following resolutions which will be proposed as Ordinary Resolutions:\n1. Adoption of audited financial statements\nRESOLVED that the Statement by the Directors, Auditor's Report and Audited Financial Statements of the Company for the financial year ended December 31, 2022 are received and adopted.\n(Resolution 1)\n2. Approval of appointment of auditors\nRESOLVED that Deloitte & Touche and Deloitte & Touche LLP be and are hereby appointed as the independent external auditors of the Company until the next Annual General Meeting and that the Directors be and are hereby authorized to fix their remuneration for the financial year ended December 31, 2023.\n(Resolution 2)\n3. Approval of Directors' remuneration\nRESOLVED that the remuneration of all of the Directors is hereby approved in an aggregate amount not exceeding US$350,000 in respect of their professional services to the Company until the conclusion of the next Annual General Meeting of the Company.\n(Resolution 3)\n4. Approval for authority to allot and issue shares\nRESOLVED that pursuant to Section 161 of the Companies Act 1967 of Singapore (\"Companies Act\"), authority be and is hereby given to the Directors of the Company to:\n(1) (a) issue ordinary shares in the Company (\"Shares\") whether by way of rights, bonus or otherwise; and/or\n(b) make or grant offers, agreements or options (collectively, \"Instruments\") that might or would require Shares to be issued, including but not limited to the creation and issue of (as well as adjustments to) options, warrants, debentures or other instruments convertible into Shares, at any time and upon such terms and conditions and for such purposes and to such persons as the Directors may in their absolute discretion deem fit; and\n(2) notw...