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UOB CEO sees 1.8% lift in pay to S$10.8m; bank to defer April 30 AGM

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The bank has also deferred the adoption of a revised directors' fee structure. Under a review done in 2019, the appointed consultant assessed that UOB directors' fees were "below market".

UOB is due to defer its annual general meeting, which was slated originally for April 30, given the restrictions of mass gatherings due to the virus outbreak, BT understands.

At the shareholders' meeting, investors were due to approve a final dividend payout of 55 Singapore cents per...

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