Due to the rain for the past few days I feel a bit down so I need something to cheer me up and I downloaded the MAS Annual report to have a look. I find one thing interesting and I summarized it below:
MAS ANNUAL REPORT 2011 PAGE 98 NOTES 7 & 8
|Total Employees Benefit Expenses||2,325,086||2,163,731||161,355|
|EXECUTIVE DIRECTORS PAY||3,713||2,613||1,100||42.10%|
While the company was making big losses, the Executive Directors received 42% increase in benefit. Interesting !!!
Got to burn all those stupid management books and read 1Q84.