SUBSCRIBERS
Thomson Medical directors take 20% fee cut, managers forgo bonus
Published Thu, May 21, 2020 · 09:50 PM
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results