Genting chairman takes voluntary pay cut


Taking haircut: A 20% pay cut from Lim’s pay is estimated to amount to RM10mil. — Bloomberg

PETALING JAYA: As the group copes with a hike in gaming taxes, Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay has taken a 20% voluntary pay cut.

According to China Press, Lim announced the decision during the group’s AGM yesterday, as shareholders applauded and cheered in response.

Limited time offer:
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RM13.90/month
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RM12.33/month

Billed as RM148.00/year

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