13-05-2015, 11:16 AM
Look at how Best World paid her 2 CEOs and COO in 2014:
Executive Directors
Dr Dora Hoan Beng Mui $1,000,000 to $1,200,000
Dr Doreen Tan Nee Moi $1,000,000 to $1,200,000
Mr Huang Ban Chin $600,000 to $800,000
Note: Must hide actual salary within 20% band. Lack transparency in top mgt pay.
NPAT: $4.1m and EPS: 1.86c
Versus
How Nordic Holding paid her 3 top management last year:
Chang Yeh Hong (Chairman) $715K
Dorcas Teo Ling Ling (CEO) $377K
Eric Lin Choon Hin (ED) $354K
Note: Very specific in disclosure. Good transparency in top mgt pay.
NPAT: $7.9m and EPS: 2c
From my assessment, Best World is paying her top management so well that they have been too complacent in developing her business and we shall not expect too much from her china play, which will take a long time as they would prefer to enjoy steady pay than rock the boat of enjoying so high salary per year.
Executive Directors
Dr Dora Hoan Beng Mui $1,000,000 to $1,200,000
Dr Doreen Tan Nee Moi $1,000,000 to $1,200,000
Mr Huang Ban Chin $600,000 to $800,000
Note: Must hide actual salary within 20% band. Lack transparency in top mgt pay.
NPAT: $4.1m and EPS: 1.86c
Versus
How Nordic Holding paid her 3 top management last year:
Chang Yeh Hong (Chairman) $715K
Dorcas Teo Ling Ling (CEO) $377K
Eric Lin Choon Hin (ED) $354K
Note: Very specific in disclosure. Good transparency in top mgt pay.
NPAT: $7.9m and EPS: 2c
From my assessment, Best World is paying her top management so well that they have been too complacent in developing her business and we shall not expect too much from her china play, which will take a long time as they would prefer to enjoy steady pay than rock the boat of enjoying so high salary per year.