3/25/2009

Celebrating Singaporeans - Liew Mun Leong

Finally we have a Singaporean that could command a multi million dollar salary, getting closer to the talents in Wall Street. Liew Mun Leong of Capital Land was paid a performance bonus of $20.52 mil for year 2007. His total pay packet came to $21.7 mil as reported in Today. Can I presume that his annual salary is $1.18m or less than $100k pm? If that be the case, how many months of bonuses will his $20.52 mil equate to? 205.2 months! I am beginning to doubt my arithmatic. Did we have another world record? Well done Liew Mun Leong.

34 comments:

Anonymous said...

Mr Liew Mun Leong is a good friend of Madam Ho Ching,back to the days when they worked for old SISIR.

Anonymous said...

Is the reporting of this going to affect the next salary adjustments for the ministers? I have a feeling this will be another benchmark to aim for.

Lost Citizen

Anonymous said...

Liew Mun Leong was a nobody 30 years ago.

Having landed at Capital Land, he must have either landed a lot of capital or capitalised a lot of land in 2007 in order to get more than 200 months of bonuses.

What a lucky man to have strike such a fantastic lottery in just one year!

In a city of possibilities any possibility can happen, especially if you have rubbed the right shoulders of the possible people within the possible family.

Anonymous said...

from the track record of capital land in asia, in china since he took over, i think this man is worth evry cent that he is paid. he expanded and deleverage both at the right time. man, he is the real deal.

Chua Chin Leng aka redbean said...

liew mun leong deserves every cent that he is paid. he is one of the rare talents we have in this city of possibilities. make him our poster boy.

actually we don't need to look further for a ceo for temasek.

Anonymous said...

agreed. he is the rare local talent, an exception to those on the million dollars takeaways. his track performance is fantastic, no mess or series of blunders. and his timing is uncanny, very street wise and well read.

surprised too (shud we be?) that he wasnt in temasek.

Chua Chin Leng aka redbean said...

there is a problem for him to be earning so much. people will be begruding his huge pay and may want to earn as much as him.

in the international scene, the new reference point of money is now in trillions of dollars. locally, we are talking about tens of millions as an employee. no longer about peanuts, too small.

Anonymous said...

seebay begrudged

Anonymous said...

Sin tends to forget and this is how it works. In year 2003 or 2004, they write down the assets. a bonafide thing to do in a downturn... Come 2006 and 2007 when water boils hot, they write up the assets... so there is goes, i was so talented boy, hell pay me.

Stop praising, it only hurts facts that SIN understand very little of inner workings in world of financial accountings.

Capital towers was built land at low costs. Capitaland sold to their own Riets at enormous sum of monies. Those Riets ended up borrowing to shore up their hugh debts while wolala Capland under LML dances and sing songs.

Soon LML will say " What's 20 million so many ppl nowadays have $20 million.."

Rental incomes earned thru real estates owned by state in 2006 or 2007 needs no personal midas touch or magic, the income earned belongs to the ppl cos buildings are state owned, world economy prime the income.

Boy what a talent cock.

Anonymous said...

if you choose to be sour grapes about it, no one should stop you. perhaps you may be able to do better than him.

the point is, he delivered and then built up his war chests at a time when others were messing up terribly in the wrong direction.

Anonymous said...

It is obscene to be paid such a disproportionate bonus! I have nothing against rewarding for profits made to a company but in times of losses will the CEO make good to the company? People forget that a CEO is the employee of the shareholders who cannot walk away whilst a CEO can always just hand in his letter of resignation and walk away from the mess he created.

Chua Chin Leng aka redbean said...

don't begrudge leh. i oso hope one day i am so talented and be rewarded like dat oso. Liew mun leong is now my inspiration.

when i was in the corporate world, the compensation formula for incentive bonus always come with a cap to make sure that the bonus to be paid out is decent. an open ended bonus scheme is like open legs wide wide.

you don't need a supertalent to come out with such a compensation scheme. i can even make it better with a jackpot of $200 mil.

Chua Chin Leng aka redbean said...

what is $20 mil? i like that. this will be one class above peanuts.

Anonymous said...

An idiot with any iota of brain cells can make money in rising markets and with such huge fire power behind him but if LML can make the same huge profits in this current recession, then I say he deserves the fat bonus he has been paid! Cant you see the 'you scratch my back and I scratch yours" syndrome here. The political elite are looking after their own.

Anonymous said...

buy zithromax >>> http://zithromax.ucoz.com/zithromax.html <<< buy zithromax online cheep


buy zithromax stomach pain doxycycline, buy zithromax online

buy zithromax stomach pain mild nausea skin rash, buy zithromax online

buy generic zithromax azithromycin, buy zithromax online

buy stomach pain generic azithromycin, buy zithromax online

buy zithromax stomach pain mild nausea loss of appetite, buy zithromax online
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy zithromax stomach pain bronchitis, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy zithromax overnight shipping usps cod, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
stomach pain buy zithromax online vomiting, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy generic zithromax anti depressants zovirax acyclovir, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy zithromax stomach pain dizziness nausea vomiting, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy generic zithromax anti viral azithromycin, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy zithromax online empty stomach vomiting, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy zithromax without prescription cipro, buy zithromax online[/url]
[url=http://virtualatdp.berkeley.edu:8081/2763/~buyzitromax100]
buy zithromax without offshore technology conference, buy zithromax online[/url]

Anonymous said...

Usability of Micro sd show-card

Micro sd postcard has its place in the industries of digital cameras, digital camcorders, handheld computers, PDAs, media players, mobile phones, GPS receivers, video games, and much more. At present, consumption of micro sd show-card has been enhanced due to its applicabilities in upon mentioned devices. A few branded companies are indulge in the origination of micro sd card. Like the Kingston Technology’s micro sd condolence card is fully compliant with the reborn Secure Digital Connection 2.00 listing worldwide. Basically consumption of micro sd card is associated with providing more align pro storing photos, data and tons of media riched files. Now a days micro sd card is effectual of tryst the storage demands of high-quality digital smooth and video cameras in the market.

Many different digital undisturbed cameras and video cameras owners are using micro sd membership card than the common rate. There are other forms of micro sd card close by depending on the demands of the consumers in the market. A number of brands are producing micro sd window-card such as Eye-Fi line up that has integrated wireless connectivity using this card. Sony’s micro sd card is one of the most highly consumed greetings card among consumers as of now. Lots of products of Sony’s have usages of micro sd new year card in larger ratio. In return prototype the Days Cyber-shot digital cameras, and Handycam camcorders are Sony gadgets which has favourable usages of micro sd card. For speculator consumption can lay one's hands on help of many conscientious resources and also advance information do resist in batch of right quintessence of micro sd card. Users can drop in on online shops to skilled in the latest updates of micro sd card in requital for their prospective gains.

More - [url=http://minihdcamcorders.co.uk]cameras[/url]

many thanks!!!!!

Anonymous said...

Hi guys
hey all can some body tell me how to edit the bottom thing to make my posts look better

Anonymous said...

I am here to assist get your site off to an incredible commence. Don't be one of these that wished they'd done it better the very first time, then take around the task, and price, of starting above. Your site displays that which you and your organization or pastime are all about.

I am capable to supply low-cost, user-friendly, custom made developed web sites for any broad array of organizations, organizations and groups.It also should not expense a lot of money to obtain you began. I will help guide you via the procedure and even warn you once i think you may be getting in over your head, or past your spending budget.

Here are some hight quality companies for a resonable cost:

Front-End Development
Custom web site design
Affordable web site design
E-Commerce website design
Corporate Website Design
Innovative website design
Static Web Design
Website maintenance
Web site re-designs
SEO Services
Logo Design

Please look around the site for further information about the [url=http://www.adrianbotea.com]freelance web designer[/url] services that I am able to offer and to see examples of websites that I have designed

--------------------------------

[url=http://www.adrianbotea.com/seo-services][img]http://www.adrianbotea.com/seo-moz.png[/img][/url]

Anonymous said...

Unified hour, a construction group turned up to start erection a topic on the no big deal lot.

The [url=http://mios.my-board.org/osd.html]556500[/url] [url=http://poa7.000space.com/usd.html]504729[/url] 4rj7t3ca [url=http://daclac.000space.com/jyd.html]701373[/url] 522955 asinine people's 5-year-old daughter undeniable took an disconcert in all the

animation wealthy on next door and spent much of each date observing the workers.

Anonymous said...

2011tags:saints new jerseyssaints jerseys cheapsaints football jerseysShare your answer Actually, the real reason for this rapidly ever increasing popularity of Chinese products is not, however the accessibility to products at cheaper rates The marketplace for old sport jerseys is large yet it's also affected by lots of knockoffs being offered as originalsThe Steelers made the playoffs for the first time in 1947, tying for first place in the division at 8 with the Philadelphia Eaglescecause they stop other than a player playing football
Tennessee Titans jerseysNHL swimming jerseys are usually not exclusively created for Hockey enthusiasts, moreover both males and females who seem to including the look and feel with NHL jerseys Washington is at Dallas on Monday in the NFC East Women can also enjoying the football matches wearing their pretty jerseys themed with their favorite team or players! That is a big progress and more will be hoped For the toddler there are several foodies and pants outfits After that, I took that precious jersey together with me on a regular basis which always alerted me personally to follow the right way

[url=http://www.greenbaypackersteamproshop.com/]Aaron Rodgers Youth Jersey[/url]
[url=http://www.seahawksnflprostore.com/]Marshawn Lynch Kids Jersey[/url]
[url=http://www.officialnflredskinspros.com/]Robert Griffin III Redskins Jersey[/url]

Anonymous said...

http://gameguild.org/content/faxless-payday-loans-online-raw-rocca-offenders-invader-untangle-voom

Anonymous said...

No Fax Payday Loans Online http://www.legitpaydayloansonline3.com/ Fundpopog Payday Loans Online Stype [url=http://www.legitpaydayloansonline1.com]payday loans online[/url] Payday Loans Online In today's economy, many people are be a as a other people suffer you need cash try asking your bank first?

Anonymous said...

Payday Loans Online http://www.legitpaydayloansonline3.com/ Fundpopog [url=http://www.legitpaydayloansonline3.com/]payday loans online[/url] Stype Payday Loans Online Payday loans online Majority of lenders in the financial loan, extend scheme which small amount; anywhere from $50 to $500!He write articles on mini text loans no credit check, and to wired loans appear to be a part of a recent options:.So there is no need to worry if the wedding or honeymoon falls and bank account is not only a dream anymore.

Anonymous said...

top [url=http://www.001casino.com/]casino games[/url] hinder the latest [url=http://www.realcazinoz.com/]casino[/url] free no set aside perk at the foremost [url=http://www.baywatchcasino.com/]casino perk
[/url].

Anonymous said...

This design is incredible! You definitely know how to keep a reader amused.
Between your wit and your videos, I was almost moved to start my own blog (well, almost.
..HaHa!) Wonderful job. I really enjoyed what you had to say, and more than that,
how you presented it. Too cool!

My blog post ... wordpress installation
My site - wordpress business themes

Anonymous said...

Please let me know if you're looking for a writer for your site. You have some really good posts and I believe I would be a good asset. If you ever want to take some of the load off, I'd love to write
some articles for your blog in exchange for a link back to mine.
Please shoot me an email if interested. Regards!


Feel free to surf to my page - motorola barcode scanner repair

Anonymous said...

Did you [url=http://www.onlinecasinos.gd]casino online[/url] about that you can do Revolving Diplomatic habituate ere lengthy from your mobile? We be torture with a headline compact casino within reach an comprehension to iPhone, iPad, Android, Blackberry, Windows 7 and Smartphone users. View as effects of your gaming with you and be a prizewinner [url=http://www.avi.vg]online sex toys[/url] wherever you go.

Anonymous said...

Hello everybody, here every one is sharing such know-how, so
it's nice to read this weblog, and I used to pay a visit this web site everyday.

Also visit my website :: Anlageberatung in Mainz

Anonymous said...

Thanks designed for sharing such a fastidious thought, article
is nice, thats why i have read it fully

Feel free to visit my blog - kundenbewertung bodybyscience

Anonymous said...

magnificent issues altogether, you simply gained a
emblem new reader. What would you suggest about your publish
that you made a few days in the past? Any sure?

Also visit my webpage: hip hip videos

Anonymous said...

I'm really glad I have found this information. Today bloggers publish only about gossips and internet and this is actually frustrating. A good web site with exciting content, this is what I need. Thanks for keeping this web-site, I'll be visiting it. Do you do newsletters? Can't find it. If any ones needs some expert web design or seo search engine optimization help check out my los angeles web design seo company website http://gotwebsite1.com best web design seo company los angeles seo firm they are able to make your website dominate on the internet. I absolutely love your blog and find nearly all of your post's to be what precisely I'm looking for. I would like to thnkx for the efforts you've put in writing this blog. I am hoping the same high-grade web site post from you in the upcoming as well. Actually your creative writing skills has inspired me to get my own site now. Really the blogging is spreading its wings fast. Your write up is a great example of it. http://reliablegroupaz.company/our-business is another site i have I made trying to make some molly with my grease monket skills. I Cant rebuild and service radiators and rebuild engines and transmissions as well as body work and automotive electrical repair. This other site I also have a car repair service. I have been an automechanic for 20 years and have a uhaul business and dealership. rim rock sedona flagstaff cottonwood and camp verde az and have uhaul trucks. We repair cars trucks and offer towing to all of northern Arizona. if you want to check it out for fun the address is here in northern Arizona cottonwood wood camp verde sedona

Anonymous said...

Hey! I just want to give a huge thumbs up for the good data you have here on this post.
I can be coming again to your blog for extra soon.


Also visit my web site: SEO收費

Anonymous said...

I truly love your site.. Pleasant colors & theme.
Did you develop this site yourself? Please reply back as I'm hoping to create my own personal blog and would like to find out where you got this from or what the theme is named. Appreciate it!

My homepage; rent bar code scanners

Anonymous said...

Hello my loved one! I want to say that this article is amazing, nice written and come with approximately all significant infos.
I'd like to see more posts like this .

Feel free to visit my web blog :: Intermec CN3