Anything can happen in malaysia, since we have the legendary chicken king and it's sifu ------ tongkat horse, which will bring malaysia to hell in near future.
Let us make this clear from the Edge Markets article mentioned above - the co is disputing the claims of SLEC and rigorously defending its position in the winding-up petition which is fixed for hearing on this 13 and 14 August. Just wait for the co's announcement to Bursa on further development of this case.
Once the management of any company gets used to a level of pay and esos, it is unrealistic to expect them to take a voluntary pay cut. In US companies, the management payouts are linked to the performance of the company such as profitability and share price but not in Malaysia.
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limweebeng
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Posted by limweebeng > 2019-05-24 21:12 | Report Abuse
Just change the fucxxxxx management