Poor Performance, Fat Paycheck
Directors’ remuneration is a contentious issue among investors. Locally, it is common to see directors remunerated handsomely despite poor financial performance. RC and LTIP committee are responsible for ensuring fair and transparent remuneration practices. However, their effectiveness and independence are sometimes questionable.
Little resistance on Ajiya’s RM250 mil loans to Chin Hin, RPT carried
Non-interested shareholders voted in favour of an RPT between Ajiya and its holding company Chin Hin Group, in an EGM, despite extensive debates and discussions on its capital management, Chin Hin Group’s credit profile and the management of cash flow, liquidity and risk.
Tex Cycle: Quiet AGM, Loud Expansion Plans & Intricate Board Connections
Be Aware of ESG Bogus
Companies must exercise caution when engaging ‘ESG experts’ due to risks of inadequate expertise.
Developing internal ESG capacities is crucial for tailored, sustainable long-term strategies and compliance.