MAS non-executive directors decline fees in highly charged AGM


Md Nor (left) and Ahmad Jauhari the press conference.

SUBANG: There was high drama at Malaysia Airlines (MAS) annual general meeting (AGM) with minority shareholders voting against a resolution on the remuneration for directors by show of hands.

Although the resolution eventually went through after a poll, the non-executive directors decided to decline the RM396,000 in fees that was accrued to them for the financial year ended December 31, 2013.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , mas salary

Next In Business News

Nestle's stake in L'Oreal is a financial investment, Nestle CEO says
Stratus Global eyes Main Market listing
Six enterprises face possible penalties for alleged bid-rigging cartel
Thailand's baht, Malaysian ringgit hit multi-year highs; Singapore stocks at fresh peak
Amova AM to raise stake in AHAM Asset Management to 97.7%
Stocks, precious metals rise; yen on intervention watch
Gold hits record high on safe-haven demand; silver climbs to new peak
OCBC, Bank of Ningbo partner with Johor Govt, agencies to promote JS-SEZ in Beijing
FIMM Reprimands five active/former unit trust scheme consultants for misconduct
China's new-style tea brands find a hot new market in US

Others Also Read