Summary of the Board Meeting Minutes (18 May 2022)

On 18 May 2022, the APTLD Board held a regular teleconference meeting, which was attended by all the Board Members and considered a range of matters. A summary of the Meeting is published in this document.

GM’s Update on Progress in Preparations for APTLD82

The Board received the GM’s update on his visit to Oman and engagement with the .OM team and expressed satisfaction about the progress made to date. The Board also confirmed the commitment to enabling Members’ participation in the Meeting by using a dedicated platform and live streaming of the event.

GM’s Update on Progress in the APTLD Reincorporation

The Board received the GM’s update on the matter and resolved to nominate Mr. Choon Sai Lim as a nominee director for the future entity to be established in Singapore. The Board suggested Gm engage with Mr. Lim, as well as Stone Forest, Ltd, the legal consultancy in Singapore, to draft a contract with Mr. Lim. The Board also suggested GM requests a detailed clarification of the process of their transiting towards a new entity.

GM’s Update on the 2022 Budget

The Board received the GM’s update on the matter and concluded that the budget is executed in line with the original projections.

The Board also discussed other administrative and financial matters.