Up To 60% Increase In Directors' Fees for FGV Holdings?
Dr Edmund Terrence Gomez, Former Professor of Political Economy, Universiti Malaya
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At its 14th annual general meeting last month, FGV Holdings shareholders passed resolutions to increase the director fees for its chairman and non-executive directors by between 25% and 60%. So we look into the larger impact of high salaries for people in positions of power in GLCs, especially against the backdrop of #PotongGajiMenteri.
Image Source: Andrey_Popov, Shutterstock
Produced by: Natasha Fusil
Presented by: Lee Chwi Lynn, Sharmilla Ganesan
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Categories: controversies, government
Tags: glcs, shareholders, companies, government,