Benalec Holding Directors’ Remuneration.
The number of Directors (including a resigned Director) whose total remuneration falls within the following bands is as follows:-

No. of Directors - 6
RM50,001 to RM150,000 - 2 Independent Non-Executive Directors
RM150,001 to RM300,000 - 2 Independent Non-Executive Directors
RM300,001 to RM800,000 - 1 Executive Director
RM8,000,001 to RM9,000,000 - 1 Company Group Executive Director
Total Remuneration RM9,923,062

The Board is of the view that the transparency and accountability aspects of the MCCG 2017 as applicable to Directors’ remuneration are appropriately served by the “band disclosure” in accordance with the MMLR.

Directors’ Remuneration of Benalec Holding VS Muhibbah Engineering (M) Bhd.

2016 Benalec Holding Directors’ Remuneration.
From 2016 annual report. They boast that BENALEC management has been very transparent about it.
No. of Directors - 6
RM150,000 to RM200,000 – 2 Independent Non-Executive Directors
RM200,001 to RM250,000 - 1 Independent Non-Executive Director
RM250,001 to RM300,000 -1 Executive Director
RM450,001 to RM550,000 -1 Executive Director
RM7,000,001 to RM7,500,000 -1 Executive Director

Muhibbah Engineering (M) Bhd Directors’ Remuneration.
The number of Directors whose total annual remuneration falls within the following bands is as follows:-
No. of Directors - 9
Below RM100,000 – 3 Independent Non-Executive Directors
RM150,001 to RM200,000 – 1 Independent Non-Executive Director
RM800,001 to RM850,000 - 1 Executive Director
RM850,001 to RM900,000 - 1 Executive Director
RM900,001 to RM950,000 - 1 Executive Director
RM1,150,001 to RM1,200,000 - 1 Executive Director
RM1,450,001 to RM1,500,000 - 1 Executive Director


2015 Directors’ Remuneration of Benalec Holding VS Muhibbah Engineering (M) Bhd.

2015 Benalec Holding Directors’ Remuneration.
From 2015 annual report. They boast that BENALEC management has been very transparent about it.
No. of Directors - 4
RM150,000 to RM200,000 – 2 Independent Non-Executive Directors
RM200,001 to RM250,000 - 1 Independent Non-Executive Director
RM6,200,001 to RM6,250,000 -1 Executive Director

Muhibbah Engineering (M) Bhd Directors’ Remuneration.
The number of Directors whose total annual remuneration falls within the following bands is as follows:-
No. of Directors - 11
Below RM50,000 – 2 Independent Non-Executive Directors
RM50,001 to RM100,000 – 3 Independent Non-Executive Directors
RM100,001 to RM150,000 - 2 Independent Non-Executive Directors
RM700,001 to RM750,000 - 1 Executive Director
RM1,000,001 to RM1,050,000 - 2 Executive Directors
RM1,250,001 to RM1,300,000 - 1 Executive Director

The remuneration package paid to Benalec Holdings Bhd’s group managing director Datuk Leaw Seng Hai, which has been labelled “excessive”, has roused the ire of some minority shareholders.They claimed that Leaw’s remuneration ranges between RM7.5 million and RM8 million in the group’s financial year ended June 30, 2014 (FY14), which is comparable to Benalec’s full-year net profit that year, which was RM7.12 million.
https://www.theedgemarkets.com/article/benalec-md%E2%80%99s-remuneration-questioned

Listen to the Business Radio Station BFM 89.9 to hear how they comments the higher paid of Benalec Holding RM8million to MD remuneration.
https://www.bfm.my/podcast/morning-run/todays-biztalk/biztalk-dom-141223

Benalec Holding Directors’ Remuneration year 2011

The aggregate remuneration of Directors for the financial year ended
30 June 2011 is as follows:-
No. of Directors - 6
RM50,000 below – 1 Independent Non-Executive Director
RM50,001 to RM100,000 - 2 Independent Non-Executive Directors
RM750,001 to RM800,000 -2 Executive Director
RM900,001 to RM950,000 -1 Executive Director

Benalec Holding financial year ended June 30, 2011 (FY11), which is
Benalec’s full-year net profit that year was RM96,081 million,
dividend paid 2 Cent.

Benalec Holding MD remuneration is paid RM8million. But the total dividend to be paid to all shareholders’ is only RM2.4million. This is ridiculous !!!!!!

Directors’ Remuneration of Benalec Holding VS Muhibbah Engineering (M) Bhd.

Benalec Holding Directors’ Remuneration.
From annual report. They boast that BENALEC management has been very transparent about it.
No. of Directors - 6
RM250,000 to RM300,000 - 1 Independent Non-Executive Director
RM300,001 to RM350,000 - 2 Independent Non-Executive Directors
RM350,001 to RM400,000 - 1 Executive Director
RM400,001 to RM450,000 - 1 Executive Director
RM7,500,001 to RM8,000,000 -1 Executive Director

Muhibbah Engineering (M) Bhd Directors’ Remuneration.
The number of Directors whose total annual remuneration falls within the following bands is as follows:-
No. of Directors - 11
Below RM50,000 – 2 Independent Non-Executive Directors
RM50,001 to RM100,000 – 3 Independent Non-Executive Directors
RM100,001 to RM150,000 - 2 Independent Non-Executive Directors
RM700,001 to RM750,000 - 1 Executive Director
RM1,000,001 to RM1,050,000 - 2 Executive Directors
RM1,250,001 to RM1,300,000 - 1 Executive Director

The remuneration package paid to Benalec Holdings Bhd’s group managing director Datuk Leaw Seng Hai, which has been labelled “excessive”, has roused the ire of some minority shareholders.They claimed that Leaw’s remuneration ranges between RM7.5 million and RM8 million in the group’s financial year ended June 30, 2014 (FY14), which is comparable to Benalec’s full-year net profit that year, which was RM7.12 million.
http://www.theedgemarkets.com/my/article/benalec-md%E2%80%99s-remuneration-questioned

Listen to the Business Radio Station BFM 89.9 to hear how they comments the higher paid of Benalec Holding RM8million to MD remuneration.
http://www.bfm.my/biztalk-dom-141223.html

Losses but generous remuneration.

Bursa-listed companies continue to reward directors with large remuneration despite incurring losses. While some reduced payouts due to their losses, others increased total directors’ remuneration.

http://www.focusmalaysia.my/Mainstream/Losses%20but%20generous%20remuneration

Benalec Holding MD remuneration is paid RM8million. But the total dividend to be paid to all shareholders’ is only RM2.4million. This is ridiculous !!!!!!

Directors’ Remuneration of Benalec Holding VS Eco World Development Group Berhad.

Benalec Holding Directors’ Remuneration.
From 2014 annual report. They boast that BENALEC management has been very transparent about it.
No. of Directors - 6
Range of Remuneration Executive Directors Non-Executive Directors Total :
RM250,000 to RM300,000 - 1 Independent Non-Executive Director
RM300,001 to RM350,000 - 2 Independent Non-Executive Directors
RM350,001 to RM400,000 - 1 Executive Director
RM400,001 to RM450,000 - 1 Executive Director
RM7,500,001 to RM8,000,000 -1 Executive Director

Eco World Development Group Berhad Directors’ Remuneration.
The number of Directors whose total annual remuneration falls within the following bands is as follows:-
No. of Directors – 9
Below RM50,000 – 1 Independent Non-Executive Director
RM50,001 to RM100,000 – 4 Independent Non-Executive Directors
RM150,001 to RM200,000 – 2 Independent Non-Executive Directors
RM850,001 to RM900,000 - 1 Executive Director
RM1,200,001 to RM1,250,000 - 1 Executive Director

The remuneration package paid to Benalec Holdings Bhd’s group managing director Datuk Leaw Seng Hai, which has been labelled “excessive”, has roused the ire of some minority shareholders.They claimed that Leaw’s remuneration ranges between RM7.5 million and RM8 million in the group’s financial year ended June 30, 2014 (FY14), which is comparable to Benalec’s full-year net profit that year, which was RM7.12 million.
http://www.theedgemarkets.com/my/article/benalec-md%E2%80%99s-remuneration-questioned

Listen to the Business Radio Station BFM 89.9 to hear how they comments the higher paid of Benalec Holding RM8million to MD remuneration.
http://www.bfm.my/biztalk-dom-141223.ht

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