* ST days a programme intended to modify the remuneration
During pay high tube ST
Stock prices have skyrocketed, executives annual salary is going up. This abnormal phenomena today is one of ST day of the general meeting of shareholders. (000908) ST days a notice today, during the company ST, senior managers will pay.
May 30, ST day held its annual general meeting of shareholders in 2004. The meeting discussed the Director and executive remuneration package. The original motion as: "to determine the total annual remuneration of senior managers control in $ 2 million or less, average annual income of not more than 12 million, while the performance, effectiveness and wages of the pay system. "On this, a shareholder proposal ST days, the motion to modify the company ST during senior managers per capita annual income of not more than 6 million, the normal year does not exceed 10 million, based on the outstanding performance can be brought to the shareholders ' general meeting decided to give senior managers awards.
ST day that since the motion was modified, the motion fails, this amendment required the submission of the next general meeting of shareholders. It is learnt that the ST day of such period will bring in ST annual salary of executives, in listed companies are not rare.
It was recently announced the 2004 top corporate executives value shows that although Hu yesterday once dropped to 8 years of a new low, but the value of listed companies did not drop. One of kelon electric (000921) executives of highest salary to 450 million Yuan, ranking first, but the company last year earnings per share of $ 0.065 for losses. In 2003, has not yet been nominated for the highest yearly ranking top 20 double-crane pharmaceuticals industry (600062), ran up to 4-bit, high tube highest annual salary to $ 2 million. While the company last year earnings per share of $ 0.011, well below the earnings per share for 2003 only 0.144 element.
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