2008 0r 2007?
Hi The HKAOA,
Great to see you posting here - shame there is so little informaton or DIRECTION/LEADERSHIP from the real HKAOA!
The writer of the letter seems to think that the bonus PAID in 2008 is to be foregone:
"In addition Chairman Christopher Pratt, Chief Executive Tony Tyler and Chief Operating Officer John Slosar will forego their 2008 bonuses, while the bonuses paid this year for other senior managers are being substantially reduced."
I agree with you that it probably reads as though any "potential" bonus for 2008 to be paid in 2009, will be forfeited.
Either way, it is difficult to see how the three of them will be able to survive on the remaining HK$ 18.505 million between them!
FF