Hi Fifth Person,
I’m assessing a company called New Toyo International which is in the business of the sale and printing of packaging materials.
When assessing the Management renumeration, I noticed that some of their Board members are also on the Board of a subsidiary, Tien Wah Press Holdings Berhad which is 54% owned by New Toyo.
I have 2 questions:
- Do we take into account the director’s fee from the subsidiary when assessing the management renumeration for the New Toyo Management?
- Is this a red flag if the director’s are also receiving income from a subsidiary (which is listed on the Bursa Malaysia)?
Please login or Register to submit your answer