The richest employee in Hong Kong, Canning Fok Kin-ning, co-managing director of CK Hutchison (0001), pocketed more than HK$213 million last year.
According to the company's 2015 annual report, the 64-year old Fok received bonus payments of HK$202.51 million, while basic salary and welfare remuneration stood at HK$11.1 million, taking his grand total to HK$213.61 million.
The 20 percent increase in bonus from 2014 came as CK Hutch embarked on more acquisition deals, including the ongoing attempt of its Three mobile unit in Britain to take over local rival O2.
Britain's competition regulator yesterday urged the European Commission to reject the 10.25 billion (HK$113 billion) deal. The Competition and Markets Authority chief wrote to its EU Commission saying Britain should have at least four mobile network providers. If the merger goes through, only three would be left in the market.
CK Hutch would own the biggest network provider in Britain, with a market share of more than 44 percent.
The final decision should be made by the European Commission in May, a month ahead of Britain's referendum on whether it should leave the European Union.
Fok holds some four million shares of the CK conglomerate, translating into slightly more than 0.01 percent of issued shares.
He joined CK Hutch in 1984 and has pocketed at least HK$2.7 billion since then. He was made a board member of the company in 1985, at age 33.
