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Central Wealth (0139) raises CEO's salary by 400%
Company announcement, 15-Feb-2019
The boost to HK$6m is "to provide incentive…to strive for the continual development and expansion of the Group" - but the pay is not performance-linked. Central Wealth is part of the Huarong-CMB network we warned readers about on 19-Oct-2018. The stock has dropped 64.1% since Mr Xu Ke joined the board as CEO on 27-Feb-2018.