The Business Times
SUBSCRIBERS

Sembcorp CEOs and senior executives take voluntary pay cut

google-preferred-sourceAdd BT as a preferred source

Ann Williams

Published Thu, Mar 29, 2018 · 09:50 PM

    Singapore

    THE senior management of Sembcorp Marine and Sembcorp Industries took voluntary pay cuts of between 10 and 15 per cent in 2017, annual reports showed on Thursday.

    In the annual report, the chairman and CEO of Sembcorp Marine noted that wage cuts and wage freezes remain in place as measures to manage costs.

    sembcorp industries

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More