Summary of the Board Meeting Minutes (28 September 2022)

On 28 September 2022, the APTLD Board held a regular teleconference meeting, which was attended by 7 Board Members, with one Director not being available for the Meeting and sharing her comments in writing, 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 preparations for the upcoming Members Meeting and found the progress in preparations to be quite satisfactory.

Discussion on the Reincorporation Process

The Board took a notice of the incorporation of APTLD Ltd in Singapore and of an inaugural Meeting of the APTLD Ltd (Singapore) Board, and resolved that from now all the APTLD Malaysia Board Members should enjoy the right to join the APTLD Ltd (Singapore) Board’s meetings.

The Board also considered nominations for the Corporate Secretary and the 2022 FY auditor for APTLD Ltd and recommended the APTLD Ltd (Singapore) Board consider nominating Stone Forest Ltd as Corporate Secretary and Paul Hooi & Company as the Auditor for APTLD Ltd (Singapore), to be decided upon at the APTLD Ltd (Singapore) AGM scheduled for 31 October 2022.

The Board also recommended APTLD Ltd (Singapore) Board agree to NIXI and KISA’s commitment to perform the Registrable Controller function for APTLD Ltd (Singapore) and also NIXI’s consent to perform the Nominator function with regard to the APTLD Ltd (Singapore) Nominee Director’s duties.

The Board also considered other administrative and financial matters pertinent to making APTLD Ltd (Singapore) fully operational at the earliest date possible and suggested GM and Secretariat work with both companies’ Board to complete all necessary procedural arrangements in that regard.

GM’s Update on the 2022 Budget

The Board received the GM’s update on the matter and suggested adjustments to the Budget with account of prospective administrative and logistics costs associated with the ongoing process of making APTLD Ltd (Singapore) fully operational.

GM’s Update on Progress in Preparations for APTLD82

The Board received the GM’s update on his visit to Vientiane, Lao P.D.R., to begin preparations for APTLD83 and noted with satisfaction that the inception mission was a success. The Board expressed thanks to the Ministry of Technology and Communications of Lao P.D.R. and LANIC for their administrative and logistical support of the inception mission.

The Board also considered other administrative and financial matters.