Puncak Niaga Executive Chairman Tan Sri Rozali Ismail paid RM5.1 million in 2007
Friday, March 6th, 2009 |Puncak Niaga Holdings Bhd (PNHB) Executive Chairman, Tan Sri Rozali Ismail (b. Dec 1957) gets paid RM5.1 million in director’s fee/salary, according to the 2007 Puncak Niaga Holdings Berhad annual report.
That works out to be RM425,000 per month, RM16,346 per day or RM35 per minute.
That is among the top 10 in Malaysia.
He is Syarikat Bekalan Air Selangor (Syabas) chairman.
Sekinchan assemblyman Ng Suee Lim asked on 17th March 2009:
The company faced a critical economic crisis, RM2.9 billion in debt. Yet, what surprises us is that they could afford to pay the chairman such a high salary. Something is not right when a state government company chairman earned so much when the company was on the verge of bankruptcy.
He said Syabas last increased the water tariff in 2006 and could do so again next year with approval from the Energy, Water and Communications Ministry.
If this happens, then we will have to drink rain water or even petrol which is cheaper now.
According to Malaysian Business, he’s also the 33rd richest man in Malaysia.
Asked about his pay package, he said: “…If they want professionals to run the company, they will have to pay.”
New Straits Times, 18 March 2009
… with that kind of pay package, new breeches for the stable should be no problems …
