In a press release issued yesterday, the oil and gas solutions provider said the top management’s salaries would be trimmed by 25%, while for other levels, the cuts would be between 15% and 25%
KUALA LUMPUR: Amid oil price volatility and the Covid-19 pandemic, Handal Energy Bhd
has undertaken cost-cutting measures in 11 key areas including staff costs, travelling expenses and overheads.
In a press release issued yesterday, the oil and gas solutions provider said the top management’s salaries would be trimmed by 25%, while for other levels, the cuts would be between 15% and 25%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
