• GigaMedia Limited's 26th annual general meeting to be held on June 26, 2025.
• 11 a.m. local time at 8F, No.22, Lane 407, Sec.2, Tiding Blvd., Neihu District, Taipei, Taiwan.
• To consider adoption of audited financial statements for FY2024.
• To approve appointment of auditors Deloitte & Touche.
GigaMedia Limited (NASDAQ: GIGM), a leading provider of digital entertainment services and software solutions, is set to hold its 26th annual general meeting (AGM) on June 26, 2025, at 11 a.m. local time in Taipei, Taiwan. The meeting, scheduled to take place at 8F, No.22, Lane 407, Sec.2, Tiding Blvd., Neihu District, Taipei, Taiwan, will address several critical resolutions, including the adoption of audited financial statements for the fiscal year ended 2024 and the appointment of Deloitte & Touche as auditors.
The AGM will consider the adoption of the 2024 financial statements, which have been prepared in accordance with both U.S. GAAP and Singapore GAAP. These statements will provide shareholders with a comprehensive view of the company's financial performance over the past year. Additionally, the meeting will approve the appointment of Deloitte & Touche as the auditors for the fiscal year 2025, a significant decision that underscores the company's commitment to maintaining high standards of corporate governance and financial reporting.
The meeting agenda will also include other important resolutions, such as the approval of directors' remuneration and authority for share issuance and purchase mandates. These resolutions are pivotal for the company's governance and financial strategy, impacting shareholder value and corporate operations.
GigaMedia Limited is a company incorporated in the Republic of Singapore, with a focus on the Asian market. The company's stock has been rated as Neutral by Spark, TipRanks' AI Analyst, reflecting a robust balance sheet but weighed down by declining revenues and persistent losses. Despite these challenges, the company's financial statements for 2024 will offer investors valuable insights into its financial health and strategic direction.
In summary, GigaMedia Limited's 26th AGM will be a crucial event for shareholders, providing an opportunity to review the company's financial performance and participate in key governance decisions. The meeting is expected to shed light on the company's financial health and strategic direction for the coming year.
References:
[1] https://www.investing.com/news/sec-filings/gigamedia-announces-annual-shareholder-meeting-93CH-4064523
[2] https://www.tradingview.com/news/reuters.com,2025-05-23:newsml_MFN2X9fD7:0-notice-of-the-annual-general-meeting-of-kruk-s-a-and-draft-resolutions/
[3] https://www.tipranks.com/news/company-announcements/gigamedia-announces-26th-annual-general-meeting-and-key-resolutions
[4] https://quantisnow.com/insight/sec-form-6k-filed-by-gigamedia-limited-6057942
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