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Cover Story 2: How much did Malaysia's top guns take home in 2020?


THE Covid-19 pandemic has caused many companies to be in financial distress, forcing some to temporarily shut down factories and operations for at least two months from mid-March in 2020 and experiencing lower demand after that.
With numerous firms seeing a decline in earnings, and many falling into the red, one wonders how much Malaysia’s top brass were paid in 2020 versus the year before.
According to data compiled by The Edge, among the top 50 companies by market capitalisation, the heads of 15 firms took a pay cut, 13 saw a bump in their paycheques and only two those of Supermax Corp Bhd and Time dotcom Bhd had no change in pay. ....

Datuk Abdul Rahman Ahmad , Kong Khoon , Afzal Abdul Rahim , Datuk Sulaiman Mohd Tahir , Azman Mohd , Roland Bala , Tenaga Nasional Bhd , Kuan Eng , Cheah Phoy Ken , Chee Keong , Amir Hamzah Azizan , Kuan Mun Leong , Khoo Chin Leng , Abdul Rahman , Hartalega Kuan , Juan Aranols , Kelvin Loh Chi Keon , Mi Technovation Bhd , Mohamad Helmy Othman Basha , Kwee Shyan , Imri Mokhtar , Zafrul Aziz , Chu Jin , Top Glove Corp Bhd , Rubberex Corpm Bhd , Groupm Bhd ,

Heineken Malaysia net profit climbs in Q1


posted a 30% jump in net profit to RM73.54mil for the first quarter ended March 31, 2021 (Q1FY21) from RM56.96mil a year earlier due to higher sales, easing of the movement control order (MCO) and cost savings measures.
In a filing with Bursa Malaysia, the group posted a 6% jump in revenue to RM547.74mil in Q1 compared to RM515.89mil previously.
“In comparison, the improved performance in Q1FY21 versus Q1FY20 is also attributed to the first MCO which required the group to fully suspend operations from March 18, 2020,” Heineken Malaysia said.
For the quarter under review, its earnings per share stood at 24.34 sen, higher than 18.86 sen a year ago. ....

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