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Thomson Medical directors take 20% fee cut, managers forgo bonus

Fiona Lam

Fiona Lam

Published Thu, May 21, 2020 · 09:50 PM

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Singapore

WITH effect from June 1, the board of Thomson Medical Group (TMG) will take a 20 per cent cut in directors' fees.

Meanwhile, the senior management have volunteered to forgo their annual wage increment, performance bonus and annual wage supplement (also called the "13th month payment") this year, the healthcare group said on Thursday.

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