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.

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 , pay glc

Next In Business News

Coastal Contracts seeks to up capacity in Mexico
Lower input costs a plus for businesses
Sunview unit takes over solar plant for RM70mil
Sasbadi eyes growth via new curriculum tenders
TT Vision bags RM7mil worth of orders
Topmix set for stronger revenue, thanks to thriving property sector
Vietnam EV maker weighs overseas IPO
Cypark redeems RM235mil sukuk early
Can Bursa’s outperformers stay ahead?
Genting issues RM3bil MTN to refinance borrowings

Others Also Read