How low should GLC executives be paid?


Raja Shahreen Raja Othman, who is currently the CEO of Selangor

A YEAR ago, a chief executive of a government-linked investment company (GLIC) was supposed to be replaced by a senior executive from Khazanah Nasional Bhd.

However, the move did not happen because of a huge gap in the salary structure between the two organisations. The senior executive from Khazanah was earning more than the CEO of the GLIC.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Business News

TSMC fourth-quarter profit leaps to record driven by AI boom
Bursa Malaysia slips as profit-taking hits heavyweight counters, KLCI down 0.33%
Malaysia's construction, sub-contractor industries urged to expand into Asean, India- AIEC
Kerjaya Prospek unit bags RM201.25 construction contract in Sungai Buloh
Oil drops as Trump calms Iran fears; tech stocks slide in Asia
Bank Negara's OPR expected to remain at 2.75% throughout 2026 - BMI
Ringgit edges up as softer US yields weigh on greenback�
Global trade finance gap at US$2.5 trillion as global trade tensions rise, ADB says
FBM KLCI hovers above 1,700 support
Former army chief Zamrose resigns as Boustead Heavy Industries director

Others Also Read