EX-99.1 2 d748158dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

GigaMedia Limited (“GigaMedia” or the “Company”) announced today the results of a general meeting of shareholders held on June 20, 2014. With respect to a resolution to adopt the Audited Financial Statements of the Company for the financial year ended December 31, 2013, voting results were as follows:

 

     No. of Ordinary Shares      Percentage  

For

     38,368,482         92.90   

Against

     1,479,356         3.58   

Abstain

     1,451,601         3.51   
  

 

 

    

 

 

 

Total

     41,299,439         100   
  

 

 

    

 

 

 

With respect to a resolution to appoint KPMG and KPMG LLP as the Company’s independent external auditor, voting results were as follows:

 

     No. of Ordinary Shares      Percentage  

For

     39,684,867         96.09   

Against

     1,500,255         3.63   

Abstain

     114,317         0.28   
  

 

 

    

 

 

 

Total

     41,299,439         100   
  

 

 

    

 

 

 

With respect to a resolution to limit remuneration of the Directors at an aggregate amount not exceeding US$350,000, voting results were as follows:

 

     No. of Ordinary Shares      Percentage  

For

     33,619,106         81.40   

Against

     6,184,170         14.97   

Abstain

     1,496,163         3.62   
  

 

 

    

 

 

 

Total

     41,299,439         100   
  

 

 

    

 

 

 

With respect to a resolution to authorize the Directors to allot and issue shares, voting results were as follows:

 

     No. of Ordinary Shares      Percentage  

For

     12,535,704         80.47   

Against

     2,854,663         18.32   

Abstain

     188,692         1.21   
  

 

 

    

 

 

 

Total

     15,579,059         100   
  

 

 

    

 

 

 

With respect to a resolution to authorize a share purchase mandate, voting results were as follows:

 

     No. of Ordinary Shares      Percentage  

For

     15,319,525         98.33   

Against

     201,927         1.30   

Abstain

     57,607         0.37   
  

 

 

    

 

 

 

Total

     15,579,059         100