**Have you heard that the salaries of directors of listed companies on Bursa Malaysia are very high? Some say their salaries are excessive and unreasonable. For this list,**
**we will only focus on the Top 30 Companies Listed on FBM KLCI. So, what is FBM KLCI?**
**FBM KLCI as a Benchmark for Bursa Malaysia**
Just like stocks, FBM KLCI also experiences fluctuations, but while stocks use price to evaluate them, FBM KLCI uses a points system.
It consists of the 30 largest companies on Bursa Malaysia based on their market capitalization.
**Note:**
Market Capitalization = The value of a stock
Market Capitalization = Stock Price x Total Volume of Shares
In simple terms, the FBM KLCI is formed by combining the 30 largest companies on Bursa Malaysia.
**Top 30 Companies in Malaysia**
Now that you know what FBM KLCI is, let’s look at the following Top 30 list:
**As of February 12, 2020**
You must be familiar with these prominent companies, right? Whether we use their services or have bought their products.
Now that you know the 30 largest companies in Malaysia, let's check out the salaries of their directors.
1. **Maybank Director’s Salary**
Source: Maybank Annual Report 2018 – Corporate (English)
Highest Income: Datuk Abdul Farid Alias – RM9,599,293 per year or RM799,941 per month
2. **Tenaga Nasional Berhad (TNB) Director’s Salary**
Source: TNB Annual Report 2018
Highest Income: Datuk Seri Ir. Azman bin Mohd – RM11,499,461 per year or RM958,288 per month
3. **Public Bank Director’s Salary**
Source: 2018 Public Bank Annual Report
Highest Income: Tan Sri Dato’ Sri Dr. Teh Hong Piow – RM42,389,000 per year or RM3,532,416 per month
4. **Petronas Chemicals Director’s Salary**
Source: Corporate Governance Report 2018
Highest Income: Datuk Md Arif Mahmood – RM312,500 per year or RM26,041 per month
5. **CIMB Director’s Salary**
Source: CIMB 2018 Annual Report
Highest Income: Tengku Dato’ Sri Zafrul bin Tengku Abdul Aziz – RM8,689,000 per year or RM724,083 per month
6. **IHH Healthcare Director’s Salary**
Source: Annual Report 2018
Highest Income: Dr Tan See Leng – RM36,175,000 per year or RM3,014,583 per month
7. **Maxis Director’s Salary**
Source: Annual Report Year 2018
Highest Income: Raja Tan Sri Dato’ Seri Arshad bin Raja Tun Uda – RM537,891 per year or RM44,824 per month
8. **Axiata Director’s Salary**
Source: Integrated Annual Report 2018
The Axiata Board of Directors announced they would not disclose the names or salaries of senior management.
Source: Integrated Annual Report 2018
It was disclosed that the Chairman receives RM30,000 per month, while the Directors receive RM20,000 per month.
9. **Sime Plantation Director’s Salary**
Source: SDP Annual Report 2018
Highest Income: Tan Sri Dato’ Seri Mohd Bakke Salleh – RM2,150,000 per year or RM179,167 per month
10. **MISC Berhad Director’s Salary**
Source: MISC Annual Report 2018
Highest Income: Datuk Nasarudin Md Idris – RM474,260 per year or RM39,521 per month
11. **Hong Leong Bank Director’s Salary**
Source: Hong Leong Bank Annual Report 2018
Highest Income: Mr Domenic Fuda – RM12,024,000 per year or RM1,002,000 per month
12. **Nestle Director’s Salary**
Source: Nestle Corporate Governance and Financial Report 2018
Highest Income: Alois Hofbauer – RM6,145,965 per year or RM512,163 per month
13. **Digi Director’s Salary**
Source: Annual Report Year 2018
Highest Income: Tan Sri Saw Choo Boon – RM279,399 per year or RM23,283 per month
14. **Petronas Gas Director’s Salary**
Source: PGB Corporate Governance Report 2018
Highest Income: Datuk Mohd Anuar Taib – RM309,000 per year or RM25,750 per month
15. **IOI Corporation Director’s Salary**
Source: Annual Report 2019
Highest Income: Dato’ Lee Yeow Chor – RM15,608,000 per year or RM1,300,667 per month
16. **PPB Group Director’s Salary**
Source: PPB Group Annual Report 2018
Highest Income: Lim Soon Huat – RM3,404,000 per year or RM283,667 per month
17. **KL Kepong Berhad Director’s Salary**
Source: KL Kepong Annual Report 2019
Highest Income: Tan Sri Dato’ Seri Lee Oi Hian – RM8,711,000 per year or RM725,917 per month
18. **Hap Seng Consolidated Director’s Salary**
Source: Corporate Governance Report 2018
Hap Seng also did not disclose the income of its board members.
However, if we take the average income of the five senior management members, which is RM14,446,236 per year, then one would earn RM2,889,247 per year or RM240,770 per month.
19. **RHB Bank Director’s Salary**
Source: Annual Report 2018 – Financial Section
Highest Income: Dato’ Khairussaleh Ramli – RM4,506,000 per year or RM375,500 per month
20. **Petronas Dagangan Director’s Salary**
Source: Integrated Report 2018
The specific highest earner was not disclosed; however, it is known that the Chairman receives RM24,000 per month, while the other Board Members receive RM12,000 per month.
21. **Genting Berhad Director’s Salary**
Source: Annual Report 2018
Highest Income: Tan Sri Lim Kok Thay – RM183,070,000 per year or RM15,255,833 per month
22. **Hartalega Director’s Salary**
Source: Annual Report 2019
Highest Income: Kuan Mun Leong – RM2,067,557 per year or RM172,296 per month
23. **Press Metal Director’s Salary**
Source: Press Metal Aluminium Holdings Berhad – CG Report 2018
Highest Income: Koon Poh Ming – RM2,100,000 per year or RM175,000 per month
24. **Dialog Group Director’s Salary**
Source: Dialog Annual Report 2019
Highest Income: Tan Sri Dr Ngau Boon Keat – RM9,362,000 per year or RM780,167 per month
25. **Hong Leong Financial Group Director’s Salary**
Source: Annual Report 2019
Highest Income: Mr Tan Kong Khoon – RM12,047,000 per year or RM1,003,917 per month
26. **Genting Malaysia Director’s Salary**
Source: Annual Report 2018
Highest Income: Tan Sri Lim Kok Thay – RM93,516,000 per year or RM7,793,000 per month
27. **Sime Darby Director’s Salary**
Source: Annual Report 2018
Highest Income: Jeffri Salim Davidson – RM2,887,000 per year or RM240,583 per month
28. **Top Glove Corporation Director’s Salary**
Source: Annual Report 2019
Highest Income: Tan Sri Dr Lim Wee Chai – RM3,524,014 per year or RM293,668 per month
29. **AmBank Group Director’s Salary**
Source: Annual Report 2019
Highest Income: Tan Sri Azman Hashim – RM2,479,000 per year or RM206,583 per month
30. **Malaysia Airports Holdings Berhad (MAHB) Director’s Salary**
Source: Annual Report 2018
Highest Income: Rosli Abdullan – RM432,696 per year or RM36,058 per month
**Directors with the Highest Annual Salary**
1. Genting Berhad: Tan Sri Lim Kok Thay – RM183,070,000 per year or RM15,255,833 per month
2. Genting Malaysia: Tan Sri Lim Kok Thay – RM93,516,000 per year or RM7,793,000 per month
3. IHH Healthcare: Dr Tan See Leng – RM36,175,000 per year or RM3,014,583 per month
**Directors with the Lowest Annual Salary**
1. Digi: Tan Sri Saw Choo Boon – RM279,399 per year or RM23,283 per month
2. Petronas Gas: Datuk Mohd Anuar Taib – RM309,000 per year or RM25,750 per month
3. Petronas Chemicals: Datuk Md Arif Mahmood – RM312,500 per year or RM26,041 per month
With great money comes great responsibility. Hopefully, those with such high salaries are
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