The company stated that it goes beyond legal requirements by paying its employees more than the national minimum wage.
news 99 Speed Mart Refutes Low Salary Claims & Says Some Branch Managers Make More Than RM4,000 Cover image via 99 Speed Mart & Indeed Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news.
Chief operating officer Yong Eng Kwang said the company offers more than the national minimum wage of RM1,500 per month to its employees. Yong added that employees are also entitled to 98 days of maternity leave, a minimum of seven days paternity leave, and Haj leaves, reported The Rakyat Post.The company currently employs 22,000 staff members across 2,684 outlets nationwide.
This follows 99 Speed Mart's debut on Bursa Malaysia on Monday, 9 September, where it recorded a 12.1% increase over its initial public offering , making its founder, Lee Thiam Wah, one of the top 10 richest Malaysians. Some netizens also shared job vacancy posters showing that the convenience store chain offered a monthly salary of RM1,200.
Read the full story Employers Are Not Allowed To Dismiss Female Employees Who Take 90 Days Maternity Leave "We have to uphold the principle of law which is the Federal Constitution."
99Speedmart Bursamalaysia Wage Minimumwage Salary Conveniencestore
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
99 Speed Mart dijangka jana RM2.36b melalui IPO di Pasaran UtamaPETALING JAYA: 99 Speed Mart Retail Holdings Bhd. melancarkan tawaran awam permulaan (IPO) terbesar Malaysia dalam tempoh tujuh tahun yang dijangka menjana sehingga RM2.36 bilion untuk penyenaraian Pasaran Utama, Bursa Malaysia yang dijadualkan pada 9 September depan.
Read more »
99 Speed Mart IPO oversubscribed by 3.04 timesAnime series takes the Terminator saga in an offbeat direction that puts mankind under the lens – a red-smeared one.
Read more »
Malaysia’s biggest IPO in seven years: 99 Speed Mart oversubscribed by 3.04 timesKUALA LUMPUR, Aug 29 — 99 Speed Mart Retail Holdings Bhd’s initial public offering (IPO) has been met with strong demand, receiving oversubscriptions of 3.04 times. The...
Read more »
99 Speed Mart reports higher 2Q24 revenueVietnam was the second largest supplier of white fish (mainly tra fish or pangasius) to the United States in the first half of 2024.
Read more »
99 Speed Mart opens 12% higher on Main MarketBEIJING: China called on the Philippines to 'seriously consider the future' of a relationship 'at a crossroads' in a Monday (Sept 9) commentary published by the People's Daily, the newspaper of the governing Communist Party, amid tensions in the South China Sea.
Read more »
‘We are opportunistic’: After stellar IPO, 99 Speed Mart says may expand into Southeast AsiaKUALA LUMPUR, Sept 9 — Newly-listed 99 Speed Mart Retail Holdings Bhd does not rule out expanding into Southeast Asia if the opportunity arises, according to its alternate...
Read more »