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Permodalan Bumiputera Sabah Bhd (PBSB) Group Managing Director was paid RM16,700 per month

Permodalan Bumiputera Sabah Bhd (PBSB) is (or was?) the investment arm of Yayasan Bumiputra Sabah (YBS).

On 10th November 2007, Daily Express reported the following:
- former GMD Mohd Shukur Abd Mumin was hired by PBSB on 1st July 2001 on a 37-month contract. It was supposed to end 31st July 2004.

Basic salary: RM11,025/mth
Housing allowance: RM1,500/mth
Entertainment: RM1,000/mth
Annual contractual bonus: RM11,025/yr
Annual gratuity: RM11,025/yr
Transport allowance: RM8,800/yr
Housing loan interest subsidy: RM7,933/yr

That would work out to be about RM16,700 per month.

- However, his contract was terminated only 5 months later.

On 7th March 2003, the executive chairman of YBS, Datuk Amirkahar Tun Datu Hj Mustapha was quoted by Daily Express to have said that PBSB was presently insolvent and its closure was imminent. Its liabilities then have exceeded its assets by RM30 million.

Source
Daily Express, 10th November 2007, Page 4 (Local section)
Daily Express, 7th March 2003

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The Prime Minister of Singapore’s salary will be more than RM700,000 / month starting January 2008

Not just he will get an increase, but other senior officials, by up to 21%.

This follows the adjustment in April 2007.

This could make Lee Hsien Loong, 55 the best-paid Prime Minister in the world. Where previously he was paid S$3.1 million per year, he now stands to make S$600,000 more.

This is in line with Singapore’s policy of aligning the salary of the top job with salaries in the private sector.

Of course the President gets a little bit more, at S$3.8 million.

In comparison, the salary of cabinet ministers / Senior Permanent Secretaries is S$1.94 million per year (almost S$60,000 per month), where previously they’re getting S$1.6 million.

Further down the ladder, the salaries of “Entry Superscale Grade” and MPs are between S$13,000 and S$18,000 per month.

Source
jeffooi.com
psd.gov.sg

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