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Tuesday, March 31, 2009

Tahniah "Datuk" Dato' Seri Ir Nizar - malaysiakini

Kami dari BloggersNetwork@Perak ingin merakamkan setinggi-tinggi ucapan tahniah diatas penganugerahan pangkat tertinggi yang membawa kepada gelaran "Datuk" didalam keluarga Dato' Seri Ir Nizar.

Kepada para pembaca, Dato" Seri Ir Nizar baru sahaja dianugerahkan dengan gelaran "Datuk" oleh Allah s.w.t sebentar tadi diatas kelahiran cucu sulungnya yang dilahirkan seminggu lebih awal dari tarikh yang dijangkakan oleh Doktor iaitu pada 7hb. April, 2009.

Cucu perempuan Datuk Dato' Seri Ir Nizar dilahirkan lenih kurang jam 4 petang tadi di sebuah Hospital di Perak.

Tahniah dari kami.

53 comments:

tok iskandar said...

tahniah datuk seri nizar

tok iskandar said...

sumber www.genting.com

The Genting Story

When it comes to the Genting story, most Malaysians will recognise it as synonymous with the rise of its namesake hill resort,Genting Highlands Resort. Many though may not have truly appreciated the mammoth task involved in its construction and the vast resources and reserves mobilised to ensure what has proven today to be an unprecedented success in resort development.

Looking Back with Pride
The idea of a hill resort was chanced upon by late Tan Sri Lim Goh Tong amidst the crisp air of Cameron Highlands in 1964. Tan Sri Lim was then working on a hydro-electric power project at the popular hill resort, patronised mostly by British colonials seeking cool refuge from the tropical heat, when he foresaw a prosperous Malaysia of the future desiring a cool mountain holiday resort within the reach of all Malaysians.

The Challenges
A study of the maps and Kuala Lumpur’s vicinity located the ideal site - the 1,800-metre Gunung Ulu Kali, just 58 km from Kuala Lumpur. Amidst the dense virgin tropical jungle and rugged terrain, the task to transform a remote mountain into Malaysia’s premier holiday destination seemed impossible… but not for Tan Sri Lim.

The Mammoth Task Begins
Setting up a private company called Genting Highlands Berhad on 27 April 1965, with the late Tan Sri Haji Mohammed Noah bin Omar, Tan Sri Lim successfully obtained approval for the alienation of 12,000 acres and 2,800 acres of land from the Pahang and Selangor State Government respectively between the years 1965 and 1970.

On 18 August 1965, a technical and construction team began the herculean task that would take four years to complete the access road from Genting Sempah to the peak of Gunung Ulu Kali.

To ensure the sound and prompt construction of the hotel-cum-resort, Tan Sri Lim devoted all of his time, capital and resources, including the reserves of his family company, Kien Huat Berhad towards the making of this "dream resort".

The Beginning
On 31 March 1969, the late YTM Tunku Abdul Rahman, Malaysia’s first Prime Minister graced the official laying of the foundation stone for the company’s pioneer hotel, the then Highlands Hotel, marking the completion of the access road to Genting Highlands Resort.

Impressed that the private sector, without the assistance of the Government, could develop a mountain resort for the enjoyment of all Malaysians, a gaming licence was suggested to help accelerate the development of this remote area.

In 1971, the first hotel at Genting Highlands was successfully completed and was then named Highlands Hotel (now renamed Theme Park Hotel).

The Development - Genting Highlands Resort
Since the opening of the first hotel in 1971, Genting Highlands Resort continued to grow from strength to strength. The development of the area continued to this present day to enhance Genting Highlands Resort as the premier holiday destination in the region while ensuring that the natural beauty of the rain forest is maintained.

To date, Genting Highlands Resort has five hotels (namely Genting Hotel, Highlands Hotel, Resort Hotel, Theme Park Hotel and First World Hotel) and two apartment blocks (Ria and Kayangan Apartments) at the hilltop and Awana Genting Highlands Golf and Country Resort.

Together with integrated world-standard entertainment facilities encompassing various leisure, indoor and outdoor theme parks and gaming facilities, Genting Highlands Resort has become the "City of Entertainment" and Malaysia's Premier Resort.

In 1997, Genting Highlands Resort further boosted its facility attraction with Genting Skyway cable car system that provides a 3.38 km transport to the hilltop. Genting Skyway is also recognised as the "World's Fastest Mono Cable Car System" with a maximum speed of 21.6 km per hour and the "Longest Cable Car in Malaysia and Southeast Asia".

The Expansion - Genting Group
Genting Group, founded by Tan Sri Lim Goh Tong and with Tan Sri Lim Kok Thay as its Chairman and Chief Executive, has since expanded and diversified from its initial hotel and resort activities to plantation, power generation and oil and gas exploration and production.

Today, Genting Berhad is a leading multinational corporation in Malaysia that has constantly been acknowledged by various organisations for its exemplary leadership and management. Genting Berhad was acknowledged as the No.1 Leading Company in Malaysia for 10 years, i.e. in 2004 and from 1994 to 2002 by The Asian Wall Street Journal 200 (formerly Far Eastern Economic Review 200). Genting Berhad was also rated No.1 in Malaysia and No.2 in Asia for Overall Best Managed Company for the Decade by Asiamoney.

The Passing of a Great Man
Sadly, our Founder Tan Sri Lim Goh Tong passed away peacefully on 23 October 2007 and was laid to rest at Gohtong Memorial Park on 29 October 2007. He will be greatly missed by the management and staff of the Genting Group.


"Once the goals have been clearly defined, with the greatest amount of determination and hard work, one can conclusively realise one's goals."

- Tan Sri Lim Goh Tong, Founder

tok iskandar said...

The Mammoth Task Begins

Setting up a private company called Genting Highlands Berhad on 27 April 1965, with the late Tan Sri Haji Mohammed Noah bin Omar, Tan Sri Lim successfully obtained approval for the alienation of 12,000 acres and 2,800 acres of land from the Pahang and Selangor State Government respectively between the years 1965 and 1970.

On 18 August 1965, a technical and construction team began the herculean task that would take four years to complete the access road from Genting Sempah to the peak of Gunung Ulu Kali.

To ensure the sound and prompt construction of the hotel-cum-resort, Tan Sri Lim devoted all of his time, capital and resources, including the reserves of his family company, Kien Huat Berhad towards the making of this "dream resort".

Genting Highlands Bhd adalah syarikat perkongsian di antara tan sri lim goh tong dengan arwah datuk najib dan hisham,tan sri mohamed noah b omar.
ditubuhkan pada 27 april 1965.

apa komen orang UMNO?pemimpin UMNO ada share dalam kasino?korang tak sambut ke ulang tahun ke 40 kasino tu hari ni?

ini lagi best.with the late Tan Sri Haji Mohammed Noah bin Omar, Tan Sri Lim successfully obtained approval for the alienation of 12,000 acres and 2,800 acres of land from the Pahang and Selangor State Government respectively between the years 1965 and 1970.

kedua-dua mereka berjaya ambik tanah pahang dan selangor untuk buat kasino 12 ribu ekar dan 2800 ekar di Pahang dan selangor dari 1965 hingga 1970

daLyaanoon said...

VOTE untuk AKi Nizar!

tok iskandar said...

The Genting Group is Malaysia’s leading multinational corporation and one of Asia’s best-managed companies. The Group has over 27,000 employees, 11,000 acres of prime resort land and more than 80,000 hectares of plantation land.

The Genting Group is the collective name for Genting Berhad and its subsidiaries, which comprise the following three listed entities, with a combined market capitalisation of about RM39 billion (US$10 billion). (*on 28 February 2009)

Genting Berhad

Resorts World Bhd

Asiatic Development Berhad

Genting International P.L.C

tok iskandar said...

Genting Berhad

Board of Directors

Tan Sri Lim Kok Thay
Chairman & Chief Executive

Tun Mohammed Hanif bin Omar
Deputy Chairman

Tan Sri Mohd Amin bin Osman
Executive Director

Dato’ Dr. R. Thillainathan
Non-Independent Non-Executive Director

Mr Quah Chek Tin
Independent Non-Executive Director

Dato' Paduka Nik Hashim bin Nik Yusoff
Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Independent Non-Executive Director

Mr Chin Kwai Yoong
Independent Non-Executive Director



Audit Committee

Tan Sri Dr. Lin See Yan
Chairman/Independent Non-Executive Director

Dato’ Paduka Nik Hashim bin Nik Yusoff
Member/Independent Non-Executive Director

Mr Quah Chek Tin
Member/Independent Non-Executive Director

Mr Chin Kwai Yoong
Member/Independent Non-Executive Director



Nomination Committee

Tan Sri Dr. Lin See Yan
Chairman/Independent Non-Executive Director

Dato’ Paduka Nik Hashim bin Nik Yusoff
Member/Independent Non-Executive Director



Remuneration Committee

Dato’ Paduka Nik Hashim bin Nik Yusoff
Chairman/Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Member/Independent Non-Executive Director

Tan Sri Lim Kok Thay
Member/Chairman & Chief Executive



Secretary

Ms. Loh Bee Hong

tok iskandar said...

Resorts World Bhd
Board of Directors

Tan Sri Lim Kok Thay
Chairman & Chief Executive

Tun Mohammed Hanif bin Omar
Deputy Chairman

Tan Sri Alwi Jantan
Executive Director

Mr Quah Chek Tin
Non-Independent Non-Executive Director

Tan Sri Wan Sidek bin Hj Wan Abdul Rahman
Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Independent Non-Executive Director

Tan Sri Clifford Francis Herbert
Independent Non-Executive Director

General (R) Tan Sri Mohd Zahidi bin Hj Zainuddin
Independent Non-Executive Director



Audit Committee

Tan Sri Clifford Francis Herbert
Chairman/Independent Non-Executive Director

Tan Sri Wan Sidek bin Hj Wan Abdul Rahman
Member/Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Member/Independent Non-Executive Director

Mr Quah Chek Tin
Member/Non-Independent Non-Executive Director



Nomination Committee

Tan Sri Wan Sidek bin Hj Wan Abdul Rahman
Chairman/Independent Non-Executive Director

Tan Sri Clifford Francis Herbert
Member/Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Member/Independent Non-Executive Director



Remuneration Committee

Tan Sri Wan Sidek bin Hj Wan Abdul Rahman
Chairman/Independent Non-Executive Director

Tan Sri Clifford Francis Herbert
Member/Independent Non-Executive Director

Tan Sri Dr. Lin See Yan
Member/Independent Non-Executive Director

Tan Sri Lim Kok Thay
Member/Chairman & Chief Executive



Secretary

Ms. Loh Bee Hong

tok iskandar said...

Asiatic Development Berhad

Board of Directors

Tan Sri Mohd Amin bin Osman
Chairman

Tan Sri Lim Kok Thay
Chief Executive

Lt. Gen. (B) Dato' Haji Abdul Jamil bin Haji Ahmad
Independent Non-Executive Director

Encik Mohd Din Jusoh
Independent Non-Executive Director

Lt. Gen. (B) Dato' Abdul Ghani bin Abdullah
Non-Independent Non-Executive Director

Mr Quah Chek Tin
Independent Non-Executive Director

Gen. (B) Tan Sri Mohd Zahidi bin Hj Zainuddin
Independent Non-Executive Director



Audit Committee

Gen. (B) Tan Sri Mohd Zahidi bin Hj Zainuddin
Chairman/Independent Non-Executive Director

Lt. Gen. (B) Dato' Haji Abdul Jamil bin Haji Ahmad
Member/Independent Non-Executive Director

Encik Mohd Din Jusoh
Member/Independent Non-Executive Director

Mr Quah Chek Tin
Member/Independent Non-Executive Director

Lt. Gen. (B) Dato' Abdul Ghani bin Abdullah
Member/Non-Independent Non-Executive Director



Nomination Committee

Lt. Gen. (B) Dato' Haji Abdul Jamil bin Haji Ahmad
Chairman/Independent Non-Executive Director

Gen. (B) Tan Sri Mohd Zahidi bin Hj Zainuddin
Member/Independent Non-Executive Director

Encik Mohd Din Jusoh
Member/Independent Non-Executive Director



Remuneration Committee

Gen. (B) Tan Sri Mohd Zahidi bin Hj Zainuddin
Chairman/Independent Non-Executive Director

Lt. Gen. (B) Dato' Haji Abdul Jamil bin Haji Ahmad
Member/Independent Non-Executive Director

Encik Mohd Din Jusoh
Member/Independent Non-Executive Director



Secretary

Ms. Loh Bee Hong

tok iskandar said...

Genting International PLC

Board of Directors

Tan Sri Lim Kok Thay
Executive Chairman

Mr Justin Tan Wah Joo
Managing Director

Mr Lim Kok Hoong
Independent Director

Mr Tjong Yik Min
Independent Director

Mr Koh Seow Chuan
Independent Director

Mr Ong Moh Pheng
Alternate Director to Mr Justin Tan Wah Joo
& Country Sales Manager (H.K.)



Audit Committee

Mr Lim Kok Hoong
Chairman/Independent Non-Executive Director

Mr Tjong Yik Min
Member/Independent Non-Executive Director

Mr Koh Seow Chuan
Member/Independent Non-Executive Director

Mr Justin Tan Wah Joo
Member/Managing Director



Nomination Committee

Mr Tjong Yik Min
Chairman/Independent Non-Executive Director

Mr Lim Kok Hoong
Member/Independent Non-Executive Director

Tan Sri Lim Kok Thay
Member/Executive Chairman



Remuneration Committee

Mr Tjong Yik Min
Chairman/Independent Non-Executive Director

Mr Lim Kok Hoong
Member/Independent Non-Executive Director

Tan Sri Lim Kok Thay
Member/Executive Chairman


Company Secretary

Mr Declan Thomas Kenny


Assistant Company Secretaries

Ms. Loh Bee Hong
Ms Tan Cheng Siew

tok iskandar said...

tok dapat sumber ni dalam www.genting.com
ada bekas jeneral dan ketua polis negara jadi board of directornya

Tun Mohammed Hanif bin Omar
Deputy Chairman of Genting Bhd dan deputy chairman Resort world Bhd
(bekas ketua polis negara)

General (R) Tan Sri Mohd Zahidi bin Hj Zainuddin
Independent Non-Executive Director of Resort World Bhd
(betul ke dia ni dulu panglima angkatan tentera malaysia?)

ada lagi jeneral pencen kat atas tu korang boleh baca sendiri
sedih tok bila memikirkan bukan sikit elit kita yang dapat duit daripada kasino.

tok iskandar said...

Eloklah MP Pakatan tanya soalan ni kat parlimen.Rakyat perlukan penjelasan bagaimana tanah di Selangor dan Pahang diambil untuk dibuat kasino.
Arwah datuk najib dan hishamudin rupanya rakan kongsi lim goh tong.
tugas kengkawan bloggers dedahkan perkara ini kepada pengundi di Bukit gantang,bukit selambau dan batang Ai

Anonymous said...

semoga dngn kedatangan ahli baru dlm keluarga DSIN akan membawa seibu 1 rahmat...tahniah......

Shah said...

Tahniah DSIN...semoga ceria2 selalu dgn kedatangan cucu...

zali said...

tahniah papa nizar...kata mereka.

tak habis lagi rupanya cerita tipu tok
kandar dengan gentingnya.

saya cadangkan tok kandar pegi la
melancong ke genting dan lihat sendiri
besar mana sangat kasino yang ada kat
situ.

genting highland adalah resort bukan
sekadar kasino...jangan jadi dungu
sangat.

ramai melayu cari makan di situ dan
saya percaya termasuk pro pr sendiri.

cerita banyak tak ada guna tok
kandar...awak pegi cakap kat boss awak
tutup dulu segala magnum,toto dll
premis judi kat negeri malang yang pr
perintah...

lepas tu baru sambung 'cerita tipu tok
kandar' tu.

Anonymous said...

apa tah tok ni nyanyuk ker? org citer pasal baby baru lahir, dok meraban kt sini pasal kasino.

dah2 la tu dok citer, kami UMNO tak percaya tipu tok tu, genting bukan tmpt kasino, tmpt org melepaskan tensen lepas baca tulisan tok dan topeng yg merapu ni

-kwn zali-

berbulusenyum said...

Thaniah Dato seri!!semoga kedatangan insan baru dalam hidup DS membawa kebahagian kepada DS dan keluarga

tok iskandar said...

biasalah umno,bila kena batang hidung baru panas punggung
sampai tak leh nak jawab
bila pulak korang lenyapkan kasino tu?
dengan bom c4 ke?
UMNO-BN ada kuasa ambik tanah buat kasino.....rakyat tak tahupun
sampai bila korang nak temberang rakyat?
dengan keuntungan kasinonal boleh buat yang lain-lain tu bahalol.
elok korang pegi sekolah balik
pasal tak pandai-pandai lagi

tok iskandar said...

korang tak nak komen ke najib dah luluskan 10 pusat judi lagi.....wahai pencacai umno.tak cukup kat genting tambah lagi 10 pusat judi.
kepada mereka yang berminat nak tahu boleh surf www.genting.com
so,korang boleh nilai sendiri tipu atau tak
zali dan penccai umno yang lain dah lama makan upah umno
hatipun dah berkarat,otakpun dah bebal

Lin said...

salam

apa kaitan mereka tu dengan UMNO? apa pasal kamu semua buat cerita fitnah macam ni? kalau begitu kalau moyang nizar tu dulu perompak maka PAS pu parti perompaklah..

kalau kamu nak hina seseorag tu, jaganlah kaitkan semua org yang tiada kaitan dengan UMNO.. cuba check keahlian mereka yang terlibat dalam projek ni adakah mereka ini ahli UMNO?

apalah mudah kamu membiakkan fitnah dalam blog kamu ini?

zali said...

oik kandar...itu magnum,toto sana pi yar negri kasi tutup...itu jam kalu genting boleh cerita.

kandar sudah lama ka duduk itu tempurung punya bawah?

kandar...chitt!
pi yar...thuiew!

soklan said...

tungaulangit, aku baru jer pi lawat blog pencacai umno, perakbangkit, baik ko gi nasihatkan dia jgn dok buat fitnah kata nizar ada girlfren, giler apa..

tuan blog ni tak pernah fitnah, penulis blog hanya menyatakan kebenaran dan kebobrokan umno munafikun..

tok iskandar said...

1.Dah sah kerajaan UMNO-BN luluskan lesen judi dan permit bukak kasino di ganting

2.dalam laman web genting sendiri kata arwah datuk najib dan hishamudin,arwah tan sri mohamed noah rakan kongsi lim goh tong dan sama-sama tubuhkan Genting Highlands Berhad pada 27 April 1965dan berjaya memperolehi 12,000 ekar dan 2,800 ekar tanah daripada kerajaan negeri Pahang dan Selangor dari 1965 hingga 1970.Setahu tok kerajaan negeri Pahang dan Selangor kerajaan UMNO-BN.

bubuhlah apa-apa namapun,kalau korang tukar nama judi kepada umnopun,judi tetap judi.dan haram tetap haram

kalau korang bangga makan duit judi,lantak koranglah
tanggungjawab tok bagitahu kepada mereka yang tak tahu

tok iskandar said...

bila kena batang hidung UMNO,cakap fitnah...senang hidup korang
bila pemimpin umno terlibat rasuah politik boleh bertanding lagi tak kena apa-apa tindakan daripada sprm.
bukaklah laman web genting kalau korang berani
www.genting.com
korang ni tok agak dah bebal pasal banyak makan duit kopi@rasuah

tok iskandar said...

cuba kau cakap ni fitnah bahlul tungaklangit dan zali.
ali rustam didapati bersalah oleh lembaga tatatertib umno kerana terlibat dengan rasuah politik dan dilarang bertanding timbalan presiden umno

tok iskandar said...

dalam umno semua ada.kaki judi,kaki pompuan,kaki rasuah,kaki samseng,penderhaka
nampaknya umno tinggal rangka je tak lama lagi

Songkok dah tak Tinggi said...

"saya tak jumpa ayat2 Al-Quran melarang judi"... itulah kata2 masa hot "Reformasi" dulu... rasanya sebab judi kat situ berlesen, tu yang jadi tak "Haram" judi kat situ...

sama juga rasanya seperti kata2 " wanita boleh berniaga "tubuh" mereka kalau terdesak" itu kata2 publisiti dari jiran yang bergaduh dgn jiran disebabkan rumput dikawasan luar pagar rumah.

atau sama kata2 berikut "saya tak tendang peti undi tersebut". Padahal banyak mata menyaksikan...

noel said...

Wah.. Tok.. Tok bongkar semua pasal genting.. Zali ngan Tunggakdungu(langit tak sesuai untuk hang) mcm cacing kepanasan.

Hujah depa dua ekoq tu mcm org bebal.. fikir mcm budak tak sekolah.. idea sebernas pak pandir.. Lepas rasa baru ckp.."ooo..TAIK.. nasib baik tak terpijak.."..

Hehe.. kamon la brader fact is fact la..hampa nak nafikan mcm mana?
Nak buat mcm najib?. sumpah kat masjid tak kenal, tak pernah jumpa altantuya.. alih2 satu dunia bukak citer.. najib tak berani bukak mulut..!!!!
Bukan setakat tak berani bukak mulut.. nak tutup mulut PR guna polis lak..
Kamon la brader.. berpijak dibumi nyata la..
It's ok if both of you are stupid.. BUT is that so great to show to Malaysian that both of you are the real stupidest?.. hahaha..

Credit goes to Tok Iskandar

Mrkolumpo said...

apa lah kebongok la juak juak umno celake nih...mmg la takkan satu bukit dia nak buat kasino...dia buat la resort nak bagi org berjudi senang la nak tido ada hotel..kok2 tension pair asek mati jer..blh la diaorg layan naik roller coaster ilang tension...mana yg nak berjudi bawak anak bini lagi, ada la jugak tempat anak bini tunggu sementara main..untung2 menang....takkan nak buat kasino aja tapi takde hotel ,takde tempat2 nak merewang2,takde tempat makan
..lembab betul...
tak tgk ke Las Vegas mcmana??
ada ker kat las vegas tu kasino semata2???takde hotel??takde kelab malam??takde stripper club???
bak kata org n9 ni...otak banirrr

tok iskandar said...

ini pendapatan adik najib,nazir razak sebagai ceo cimb

sources star biz, the star

http://biz.thestar.com.my/news/story.asp?file=/2008/12/13/business/2762941&sec=business

Saturday December 13, 2008
Are some CEOs worth their huge pay packets?
By TEE LIN SAY


Nazir the highest-paid GLC CEO

WHILE it was an issue that started as a financial cry for help, the automakers bailout plan in the US soon became an issue of accountability.

After being criticised during their last trip for arriving in Washington in corporate jets, not only did the chief executives of Ford, GM and Chrysler drive to the nation’s capital in hybrid cars, but they agreed to accept annual salaries of US$1 if the US Congress okayed their bailout plan. The pledges were part of the automaker’s proposal delivered to Congress, for the Detroit 3’s request to win a piece of US$14bil in emergency loans.

Huge sacrifices are made by these corporate chieftains in their aim to prevent the auto companies from collapsing, saving thousands of factories and millions of related jobs in the US recession.

Meanwhile, the proposed US$14bil bailout plan has been opposed by the US Senate, raising the spectre of an industry collapse.

The question arises: will Malaysian corporate leaders do the same should they be faced with the same grim scenario?

CEOs’ compromise

As the economy grapples with an enduring credit crisis, paycuts by senior executives are expected to be more widespread.

Last month, it was announced that Singapore’s Prime Minister Lee Hsien Loong will lose 19% of his salary because of the global economic turmoil but will still earn almost US$2mil a year.

South-East Asia’s biggest property developer CapitaLand has also announced that its chief executive Liew Mun Leong will take a pay cut of 20% as part of company-wide measures to cope with a global downturn.

Moving into 2009, as public-listed companies (PLCs) cut cost and freeze recruitment, many expect a similar stance to be taken by their chief executive officers (CEOs).

“It will be a case of leadership by example. Times are bad, so the CEO makes a sacrifice to show his sincerity to his troops. There is also a likelihood that a stronger trend of performance-based bonuses will emerge. The key performance index (KPI) will be a stronger measurement for rewarding staff,” says a human resource consultant.

He adds that in recessionary times, sooner or later, the issue of headcount will transpire.

A director of a consultancy firm says that for now, Malaysia has yet to see any retrenchment or voluntary separation schemes.

Minority Shareholder Watchdog Group CEO Abdul Wahab Jaafar Sidek says that if there is any retrenchment, it has to be carried out smoothly, quickly and cordially, with least disruption to business.

“The CEOs and executive directors should be the first to make sacrifices and if need be, even forgo their directors’ fees,” he says.

Abdul Wahab says that what is important is how the CEO can raise productivity and efficiency during hard times under his leadership. “The outstanding CEOs must be rewarded appropriately. For, in difficult economic situation there will be some outstanding CEOs who can still shine.”
Reporting compensation of CEOs on an individual basis is the practice in the United States, Britain and Australia.

Generally in Asia, share owners do not know exactly how much corporate funds are going to the individuals entrusted to run the business. Reasons for this are a lack of regulatory measures and inadequate information in financial reports.

In Malaysia, while remuneration to company directors is listed on the annual report, it is hard to gauge as salaries of its directors are lumped together.

Most of the PLCs disclose the directors’ remuneration in bands.

“Unless there is greater transparency on the amount paid to directors or CEO, shareholders will find it difficult to assess whether they are fairly compensated, and more importantly whether the remuneration is linked to corporate and individual performance,” says Abdul Wahab.

There are also instances where the CEOs are not members of the board, therefore their remuneration is not disclosed in the annual report.

“In my opinion, the renumeration packages of Malaysian CEOs are quite fair. Even in good times, it isn’t exorbitant, hence in bad times, there isn’t likely to be a huge pay cut,” says the director of a consulting firm.

Malaysian CEOs (after converting to dollar terms) are regarded as the lowest paid in Asia Pacific, says a director of the consulting firm, adding that the salaries of CEOs who run big government linked companies are “honourably low and hardly exciting.”

At the same time, he opines that the American model of richly rewarding their CEOs as a bit of an overkill.

“In America, everybody wants to be a CEO, because the packages are so lucrative. Yet during bad times, or when earnings are poor, the CEO is punished ruthlessly. That is why they say CEOs in the US live quarter to quarter!”

He adds that there are many factors that determine a decent CEO package. To link the CEO’s pay package to the economic environment could be a double-edge sword.

“For instance, if Malaysian plantation CEOs were to tie their salaries to their KPIs, would this mean that when CPO prices increase three-fold, there would also be a three-fold increase in the CEO’s pay?” he asks.

Likewise in bad times, does the CEO deserve a big pay cut when it might be market forces bringing demand down?

Abdul Wahab makes some interesting observations from its MSWG-NUBS Corporate Governance Survey 2008.

“It was surprising to find instances of good Samaritans on the boards of corporate Malaysia in the context of directors’ remuneration,” he says.

The survey noted that two companies did not pay salary to their executive directors (EDs) for the financial year 2007. They are Integrax Bhd and Borneo Oil Bhd.

While the ED of the former only received directors’ fees even though the company was reporting a profit, the ED of the latter company – which reported a loss – was remunerated substantially with share-based payments.

In the case of Sinora Industries Bhd, the ED was not remunerated at all even though the company reported operating profit for the year.

Invisible perks

Many have surely heard of CEOs who charge meals costing a week’s wages to their company’s expenses.

Or those that travel business class and stay in luxury hotels? These are perks which are clearly not seen in annual reports.

The human resource consultant says that he does not see many PLCs abusing their invisible perks.

“In reality, it happens less nowadays. Especially for executives in listed companies, they are pretty wary of being scrutinised for such things. Even family-owned businesses are subject to public disclosures.”

“I think CEOs would rather demand better bonuses, stock options or fringe benefits for themselves. As a CEO of a public listed company, there is a reputation to maintain,” he says.

Wahab agrees that flagrant abuses are not rampant in Malaysia. He sums it up by saying that while there is a need to pay CEOs attractively to run the company successfully, there is also a need to link rewards to corporate and individual performance.

BUMIPUTRA-COMMERCE Holdings Bhd’s chief Datuk Nazir Razak, stood out as the highest paid CEO with a disclosed remuneration of RM9.35mil for 2007. This doesn’t come as a surprise considering Nazir is seen as the single force behind CIMB’s dominance and aggressive venture into Thailand, Indonesia and China.

The salaries of other GLC heads pale by comparison. In 2007, the other highest paid CEOs in GLCs include the then Maybank CEO Tan Sri Amirsham Abdul Aziz (RM2.71mil); Sime Darby Bhd’s Datuk Seri Ahamd Zubir Murshid (RM2.05mil); Bursa Malaysia Bhd’s Datuk Yusli Mohamed Yusoff (RM1.97mil) and Boustead Holdings Bhd’s Tan Sri Lodin Wok Kamaruddin (RM1.85mil).

For his efforts in turning around Malaysia Airlines, Datuk Seri Idris Jala received a remuneration of between RM950,000 and RM1mil in 2007.

It would appear that many of the GLC heads receive lower pay compared to their non-GLC peers.

The highest paid CEO in Corporate Malaysia continues to be Genting Bhd’s Tan Sri Lim Kok Thay at RM86.5mil. Other highly paid heads are those from family-owned businesses such as IOI Corp Bhd, OSK Holdings Bhd and YTL Corp Bhd.

Astro All Asia Network Plc’s group CEO Ralph Marshall received RM3.4mil while Puncak Niaga Holdings Bhd executive chairman Tan Sri Rozali Ismail received RM5.2mil.

It is interesting to note that many main board and second board companies pay their CEOs less than RM400,000 a year. These include Mycron Steel Bhd, Scientex Packaging Bhd and Jobstreet Corp Bhd among others.

pro Umno said...

BN ada kelebihan di 2 bukit 1 batang. sila layari http://proumno.blogspot.com/

Faz Fazrin said...

tahniah datuk!!

tok iskandar said...

Menurut sumber star biz,the star bertarikh 13 disember 2008(sabtu)
Nazir razak(adik najib)selaku ceo cimb terima RM9.35 juta apada tahun 2007.bulanan or tahunan?
elok MP Pakatan rakyat tanya kat parlimen

zali said...

sekadar iklan saja.

kandar : boss ni depa mintak suruh tutup magnum ni boss

boss : kau tipu ke kau dah gila kandar?

kandar : kena tegakkan islam boss itu perjuangan kita.

boss : perjuangan islam tu untuk rockers nike lajis saja...bukan aku.

kandar : abis tu nak tutup ke tak ni boss

boss : habis tu yang korang mencekik duit parti tu dari mana datang duit tu kau ingat?

kandar : dari mana boss?

boss : dari magnum la bahalol...kan hari tu aku ada sapu...tu bawah tilam tu ada balance lagi sikit...kau nak ambil la.

kandar : saya ambil la sikit boss...nak buat tambang pegi genting.

boss : haa...kau jangan berjudi pulak...haram.

kandar : baik boss...panjang umur boss...takbirr!

tok iskandar said...

kau dah gila ke zali
daripada kau merapu perabihkan duit umno yang upah kau elok kau masuk tidur je
apa kau nak jawab gaji nazir,adik najib paling mahal antara semua ceo GLC.
judi tak leh jawab sampai gila kau
apasal tak tukar je nama judi kepada umno
kau boleh cakap tak salah masuk umno?kau boleh cakap tak salah terlibat dengan umno.wakakakak.pinjam gelak wak

zali said...

gaji nazir banyak?

tahniah!
itu kejayaan dan rezeki yang Dia
bagi kat nazir.

awak jealous ke kandar?

Lin said...

salam

kalau perakbangkit kata mereka ada bukti menunjukkan nizar ada pacar kenapa kamu nak marah..

disini kamu punyalah fitnah tak apa atas nama Islam...

setiap manusia ada perangainya.. kita yang mengaku Islam ni janganlah terikut perangai syaitan yang suka membuat fitnah

tok iskandar said...

zali,
kalau setakat judi laga ayam,tak perlulah hotel,roller coaster dll
ini pusat judi@kasino terbesar di asia tenggara yang umno beri lesen dan permit untuk beroperasi
tentulah grand.ada hotel,spa,resort dan bermacam-macam hiburan dan taman tema untuk berjudi sambil berhibur
kalau orang umno habis duit pun boleh happy sambil naik roller coaster

tok iskandar said...

setahu tok sekarang CIMB ada masalah sampai nazir suruh staffnya cari keja part time
beli bank indonesiapun lebih daripada harga asal.sampai jatuh saham maybank.itulah tindakan najib jadi menteri kewangan.lepas tu bagi nazir gaji paling mahal dalam syarikat GLC.
kalau duit dia sendiri,rakyat tak marah
tapi duit pembayar cukai
penyokong PRpun bayar cukai
lainlah zali dan tungaklangit makan duit haram hasil judi.itu yang marah sangat
goyang kaki makan upah umno
layan sejam dua kat sini
syok sendiri
lepas tu claim kat umno,kami dah serang blog PR sampai lumpuh
bos korang yang bodoh tu percaya
bagi upah lumayan untuk korang

zali said...

hangat nih...

kalau ada pacar boleh la bawa ke genting...tak gitu kandar?

tok iskandar said...

Elit atau bangsawan dalam UMNO sampai susahkan rakyat untuk hidup mewah
tok percaya kalau tanah genting tu buat prasarana atau kemudahan awam untuk rakyat lagi bagus
semua agama termasuklah islam haramkan judi
buat kasino boleh datangkan banyak fulus
umno juga yang untung
Pahang sampai sekarang miskin.nak bayar gaji kakitangan awam sendiri pun tak mampu sampai mintak kat kerajaan pusat

tok iskandar said...

kau nak bawak pacar kau ke genting
nak berjudi ke?
lantak kaulah zali
misi tok dah tercapai hari ni
tok nak masuk tidur
wakakakakakak
korang dah panas hati
syoklah sendiri kat sini
perabihkan lagi duit korang dan umno@judi

Lin said...

salam

sdr empunya blog

kamu mengatakan "lainlah zali dan tungaklangit makan duit haram hasil judi.itu yang marah sangat
goyang kaki makan upah umno"

kami m mengatakan rezki yang kami m makan adalah dari sumber yang kami usaha sendiri yang disediakan oleh Allah untuk hambaNya..

tak tahulah macam mana kamu mendapat maklumat yang mengatakan kami makan upah UMNO dan dari sumber judi.. berat tuduhan saudara tu.. melibatkan maruah dan sumber yang membina tubuh badan seseorang

saya nak ingatkan ayat al-hujurat yang kamu gunakan sebagai motto blog kamu iaitu
" Wahai orang-orang Yang beriman! jika datang kepada kamu seorang fasik membawa sesuatu berita, maka selidikilah (untuk menentukan) kebenarannya, supaya kamu tidak menimpakan sesuatu kaum Dengan perkara Yang tidak diingini - Dengan sebab kejahilan kamu (mengenainya) - sehingga menjadikan kamu menyesali apa Yang kamu telah lakukan"

siapakah yang mebawa berita yang mengatakan kami makan duit UMNO dan bersumberkan judi.. masyallah

beginikah sikap Islam yang kamu pejuangkan...

hari pembuangan undi masih jauh lagi... janganlah kamu bongkak dan riak dengan kekuatan calon kamu itu..

sekiranya Allah berkehendakkan UMNO menang maka menanglah UMNO..

wahai saudara ku... saya melihat banyak penipuan dan fitnah dalam blog ini.. maka adalah menjadi tanggungjawab untuk memberi penerangan seboleh yang mungkin supaya kalian selamat dari fitnah..

salam

Unknown said...

thanks tungaulangit dan zali.... tak sangka dengan info terkini lagi sensasi ini, maka berkemungkinan besar 100,000 orang akan keluar PAS dan masuk UMNO kut... maklumlah, PAS parti yang tak islamik, dan UMNO adalah parti melayu islam terbesar di antero dunia.... malah, presiden barunya pula adalah ulama terkenal di negara arab saudi, imam mekah pun sanggup suruh beliau jadi imam di masjidil haram....

kalau jadi 100 ribu orang keluar PAS ni, mungkin boleh jadi tsunami pula.... mungkin 1 juta orang pula keluar DAP dan PKR.... eh, tak mungkin sebab.... sejak pilihanraya yang lepas, dah beratus ribu orang keluar Pakatan Rakyat masuk BN.... campur 400 orang lagi dari Bukit Selambau tu.... aku rasa, Pakatan Rakyat sekarang dah takde ahli kut.... apa2 pun kita tunggu.... dan lihat siapa yang kena???

Sekian....

Joe Labu said...

Tahniah DSIN,

Apa kata Nazir amik cuti tanpa gaji 6 bulan dulu.. Boleh save RM4 juta dah 2..

FOR TUNGAK said...

tungaklangit..ko xadil..ko hanye kondem sblah je..perakbangkit trg2 buat fitnah ko xsound po..ko hanye kate klu perakbangkit mgatkan ade pacar ape slh..wth???ape bukti die??hanye sekeping gmbar dr blog yg sparuh siap tu??ko suh pompuan tu pegi tv3suku buat interview..biar satu dunia tau..klu tu btol laa..stakat bg gmbar aku pon bleh..aku kte ni pmpuan simpanan ko..amacam??mau??jggn pergunakan agama laa..ini laa jd nye sbb asik tlalu taksub ngan sumpah sumpah..parpukari lg byk fitnah..nape ko xnk tgur???pelik laa..korgnye geng semua suci ke??ayat2 kasar hanye bleh digunakan untuk pihak2 korg ke??nape sbb halal bg korg eh???tensen aku bc komen ko kt stiap post..1st bc nmpak ko mcm ade niat nk insafkan org..tp bile lame2 bc aku sdr yg ko hanyemmpergunekan ilmu agama ko untuk mmbidas org2 kt cni..pasal genting..ape yg fitnahnye..mmg tu d iambil dr website genting..n btolla time tu umno pgg negeri tersebut..ke genting tu wujud tnpa pegetahuan pemrintah time tu???jgn laa tgkkan bng yg basah lencun tu..ko ptt trime je..klu ko xnk join PR pon xpe..ko eg sdrkan kwn2 ko tu dlu..biar diorg insaf n then pasti UMNO akan pulih semula..jgn perbodohkan diri ko kt blog2 PR..tu je..

Anonymous said...

FOR TUNGGAK..jangan tension tunggak langit & zali tu mmg mcm tu..2 org ni bukti kebodohan & jumud org UMNO ni...maklum la jd ustaz dgn ngaji kitab surat khbar & berita harian & Utusan Malaysia....biarkan diorg berhujah yg xda hujah tu...semakin ramai org baca makin bagus....Diorg 2 org ni just x dpt nk terima hakikat UMNo dh lemah & penuh rasuah, semakin ditepis semakin nyata kebodohan diorg..teruskan 'jerat' diorg dgn hujahan bernas...diorg 2 org ni mmg 'ditugaskan' di blog ni he he...

Anonymous said...

tungaklangit,

sumber kewangan kerajaan diragui.

adakah sumber krajaan bercampur dengan hasil cukai judi, arak, kelab malam dsb yg haram???

pastu kerajaan bg duit kat rakyat cth duit rebet tunai kenderaan.

seluruh rkyat makan duit haram. habis gelap hati, bebal rakyat malaysia nih...

mrL

tok iskandar said...

Macamana dengan fitnah dan penyelewengan yang dilakukan oleh UMNO.Tungaklangit dan zali tak pegi blog totok umno ke untuk berdakwah.
berhentilah jadi sesumpah.memang
sah korang makan duit umno

cuping merah said...

layan jangan tk layan..
zali ngan tungaklangit tu tengah mencari ilmu..sebab itu dia masih setia ngan blog ni..
klau nk harap blog pencacai amano!! mampus tk dapat ilmu
(kampungan)

Anonymous said...

tungaklangit n zali BODOHHHHHH

Anonymous said...

Assalammualaikum...daripada 50 kamen yang saya baca saya tak tergerak langsung nak ngundi PAS apatah lagi nak join PAS.... Rasa macam menyampah aje..... yang best cuma ada perkataan Islam sahaja dalam parti itu.... Lepas TG NIK AZIZ rasanya PAS sama saja macam parti politik lain di MALAYSIA....salam

Anonymous said...

wah.. kasino kat genting tu kecik??
gile kentang.. kasino terbesar diasia tenggara tu kecit??
kekeke.. nak terbesar didunia ke??

Anonymous said...

Pro-UMNO MCA Is Anti Buddhist !
Contributed by Anak Mami

Ven. Phra Piya Thammo,
Rumah Pangsa
Blk A-7-9- Jln Padang Tembak,
11400 Pulau Pinang,
Malaysia

Dear Devotees,

Before I commence of my letter-writing toward. All of you, I would like to inform all of you that I am not satisfy with the lawyer, Dato YIP KUM FOOK (MCA chairman Gombak) due to his bad inspirit impressions because he sent an inspector to come to our SAMNAK SAMBODHI BUDDHIST TEMPLE, 19 Jalan 38 Taman Desa Jaya Kepong, Kuala Lumpur, Malaysia to arrest me without any good reason, moreover, the lawyer, YIP KUM FOOK is not satisfy with Chief monk.

When the Chief monk had me to go to his Temple already and he went away and left me alone to take care until Chief monk come back to the Temple first and he also told me not to leave the Temple if any committees or the chairman want to chase me out, you don’t leave the Temple at all understand? Then I said, alright? To the chief monk! On the second Day, YIP KUM FOOK(MCA Man) came to our Temple and talk to me. He tired to make some inquiry from me and he asked me, where I come from? I told him that I came from Penang.

Then, I told to the lawyer (YIP KUM FOOK, MCA Man) that the chief monk came to Penang and fetch me and invited me to accompany him to go to his temple in K.L. I am not aware that YIP KUM FOOK(MCA chairman Gombak) is not in a good terms with the chief monk, chief monk already in this way, YIP KUM FOOK try to create trouble with me unnecessary. That is why, the lawyer want to chase me out of the Temple. Then I asked the lawyer, why you want to chase me out of the temple? Moreover, the Temple is not belonging to you, UNDERSATAND? Then, I asked him, who are you? I don’t know you at all, you have no right to chase me or control me at all, UNDERSTAND? You are just like a layman only. Do you know the regulations that any the chairman or committee cannot control the monks and the Nuns at all, also UNDERSTAND?

I scolded him like that. Then the lawyer (YIP KUM FOOK, MCA Man) is not satisfy with me and he told me that he will called the police to come to the Temple and arrest me. I told him to go ahead and called the police to come and arrest me. I won’t run away, I said to him like that. I have done nothing wrong toward you, why you want to arrest me? He said, he doesn’t like me to stay here. I asked him, why? Again. After this he got very angry with me, then he phoned up to the police and the police came to the Temple and told me to leave the Temple.

I told to the inspector of the again, I am sorry, I won’t leave the Temple because the chief monk had instructed me not to leave the Temple without his consent, UNDERSTAND? Then the inspector told me to leave, again. I told him I cannot leave the Temple because the Chief Monk hasn’t come back yet. This time, the inspector got very angry with me and he took out his handcuff and try to threaten me, then I immediately show off my hands for him to lock me up but he scare, then again, the inspector told me leave the Temple again but I still don’t want to leave the Temple.

Then I phoned up to the chief monk again and I told him that the inspector insisted want to arrest me, you better come back to settle the case for me. After this incident, Chief Monk came back to the Temple and take me to go to another temple and stay their. That’s all about this incidents! Last of all, I would like to inform all of you, that no committees or the chairman can control all the monks and Nuns at all also UNDERSTAND? “They are higher than the King,” also! So how can the laymen, the committees and the chairman to control them: – EVEN THE KING ALSO RESPECTED THE MONKS AND NUNS. Why the chairman doesn’t respect the monks and nuns? They will carry the sins later on, UNDERSTAND?

Yours in Dhamma

Ven. Phra Piya Thammo
Penang, Malaysia