According to Sheng Siong’s annual report, the CEO’s base salary was $303,000, with a variable bonus of $6.66 million. His brothers also received a variable bonus of $6.6 million.
Sheng Siong Group’s CEO Lim Hock Chee has received a total compensation of $7.064 million for the FY2024 ended Dec 31, 2024, up 20.6% y-o-y from the $5.86 million he received in FY2023.
Similarly, Lim’s two brothers Lim Hock Eng and Lim Hock Leng, who are co-founders of the supermarket chain, received compensation of $7.013 million and $7 million respectively.
