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Hong Fok Corporation Ltd - Pay Without Performance

276 Views22 Jan 2026 16:36
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SUMMARY
  • Remuneration can be a thorny issue, particularly in listed companies (“listcos”) that are majority owned and managed by families.
  • Minority shareholders feel aggrieved when family members, who are often executive directors (EDs) and senior executives, are paid excessive remuneration, leaving minority shareholders with meagre dividends.
  • Excessive remuneration and meagre dividends are issues that dominated Annual General Meetings (AGMs) of Hong Fok Corporation Limited, which is a property investment business majority owned and managed by the Cheong family.
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  • Hong Fok Corporation Ltd - Pay Without Performance
    22 Jan 2026
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