News Formal

Want bonus, company trip? Get ministerial approval first, DPM Fadillah tells GLCs, GLICs

  • 📰 malaymail
  • ⏱ Reading Time:
  • 19 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 86%

Fadillah Yusof News

Glcs,Glics,Company Trip

KUALA LUMPUR, Nov 7 — All government-linked companies (GLCs) and government-linked investment companies (GLICs) will now require ministerial approval for bonuses, incentives, and...

MACC freezes personal, company bank accounts of Vivy Yusof, Fadzarudin Shah worth RM1.1m; seizes 11 handbags and luxe watch for FashionValet investigation

He was responding to news reports of an alleged company retreat by Pelaburan Hartanah Berhad to Bali. Fadillah reportedly confirmed that the retreat did not take place and that there was no separate retreat to any other country. The GLC’s CEO was said to have been granted a bonus amounting to RM210,00 despite the company only achieving 42 per cent of its targets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What Makes GLCs Different From Other Companies? Here's A Look At The Unique Role They PlayBeyond making a profit, GLCs have to balance various social agendas.
Source: saysdotcom - 🏆 9. / 63 Read more »