APAC Resources Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Andrew Ferguson

Chief executive officer

HK$4.7m

Total compensation

CEO salary percentage	99.6%
CEO tenure	14.3yrs
CEO ownership	n/a
Management average tenure	10.5yrs
Board average tenure	8.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andrew Ferguson's remuneration changed compared to APAC Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	HK$318m
Sep 30 2023	n/a	n/a	-HK$199k
Jun 30 2023	HK$5m	HK$5m	-HK$319m
Mar 31 2023	n/a	n/a	-HK$276m
Dec 31 2022	n/a	n/a	-HK$234m
Sep 30 2022	n/a	n/a	-HK$350m
Jun 30 2022	HK$5m	HK$5m	-HK$466m
Mar 31 2022	n/a	n/a	-HK$281m
Dec 31 2021	n/a	n/a	-HK$96m
Sep 30 2021	n/a	n/a	HK$631m
Jun 30 2021	HK$16m	HK$5m	HK$1b
Mar 31 2021	n/a	n/a	HK$1b
Dec 31 2020	n/a	n/a	HK$701m
Sep 30 2020	n/a	n/a	HK$136m
Jun 30 2020	HK$5m	HK$5m	-HK$429m
Mar 31 2020	n/a	n/a	HK$206m
Dec 31 2019	n/a	n/a	HK$841m
Sep 30 2019	n/a	n/a	HK$725m
Jun 30 2019	HK$5m	HK$5m	HK$608m
Mar 31 2019	n/a	n/a	HK$137m
Dec 31 2018	n/a	n/a	-HK$335m
Sep 30 2018	n/a	n/a	-HK$3m
Jun 30 2018	HK$5m	HK$4m	HK$328m
Mar 31 2018	n/a	n/a	HK$513m
Dec 31 2017	n/a	n/a	HK$698m
Sep 30 2017	n/a	n/a	HK$623m
Jun 30 2017	HK$4m	HK$4m	HK$549m

Compensation vs Market: Andrew's total compensation ($USD597.28K) is about average for companies of similar size in the German market ($USD691.02K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.

CEO

Andrew Ferguson (50 yo)

14.3yrs

Tenure

HK$4,674,000

Compensation

Mr. Andrew Charles Ferguson, BSc Hons, serves as Director of Mabuhay Holdings Corporation since August 2, 2021. He has been the Chief Executive Officer and Executive Director of APAC Resources Limited sinc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Andrew Ferguson	CEO & Executive Director	14.3yrs	HK$4.67m	no data
Kit Ling Tam	Chief Financial Officer	7.8yrs	no data	no data
Yung Kan To	Financial Controller	13.3yrs	no data	no data
Tung Ni Lau	Company Secretary	7.8yrs	no data	no data

10.5yrs

Average Tenure

50yo

Average Age

Experienced Management: FZV1's management team is seasoned and experienced (10.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Andrew Ferguson	CEO & Executive Director	14.3yrs	HK$4.67m	no data
Arthur George Dew	Non-Executive Chairman	8.1yrs	HK$872.00k	no data
Tai Chun Wong	Alternate Director	8.1yrs	HK$283.00k	no data
Seng-Hui Lee	Non-Executive Director	14.5yrs	HK$127.00k	no data
Lin Chu Lam	Non- Executive Director	3.9yrs	HK$127.00k	0.0055% HK$ 10.4k
Wing Kuen Wong	Independent Non-Executive Director	19.8yrs	HK$201.00k	no data
Hongqian Wang	Independent Non-Executive Director	4.9yrs	HK$201.00k	no data
Kwok Wing Chau	Independent Non-Executive Director	less than a year	no data	no data

8.1yrs

Average Tenure

59yo

Average Age

Experienced Board: FZV1's board of directors are considered experienced (8.1 years average tenure).

APAC Resources Management

Management criteria checks 4/4

Key information

Recent management updates

APAC Resources Limited Announces Board Changes

APAC Resources Limited Announces Retirement of Chang Chu Fai as Independent Non-Executive Director and Member of Audit Committee, Remuneration Committee and Nomination Committee

Less than half of directors are independent

APAC Resources Limited, Annual General Meeting, Dec 01, 2022

Less than half of directors are independent

Recent updates

Now 21% overvalued after recent price rise

Now 25% undervalued after recent price drop

First half 2024 earnings released: EPS: HK$0.46 (vs HK$0.033 loss in 1H 2023)

Now 21% undervalued

APAC Resources Limited to Report First Half, 2024 Results on Feb 23, 2024

New minor risk - Shareholder dilution

APAC Resources Limited Announces Board Changes

Upcoming dividend of HK$0.10 per share at 9.4% yield

Full year 2023 earnings released: HK$0.24 loss per share (vs HK$0.37 loss in FY 2022)

APAC Resources Limited Announces Interim (Semi-annual) dividend for the year ended 30 June 2023, Payable on 15 January 2024

Full year 2023 earnings released: HK$0.24 loss per share (vs HK$0.37 loss in FY 2022)

APAC Resources Limited Announces Retirement of Chang Chu Fai as Independent Non-Executive Director and Member of Audit Committee, Remuneration Committee and Nomination Committee

APAC Resources Limited to Report Fiscal Year 2023 Results on Sep 26, 2023

New minor risk - Share price stability

First half 2023 earnings released: HK$0.033 loss per share (vs HK$0.23 loss in 1H 2022)

APAC Resources Limited to Report First Half, 2023 Results on Feb 27, 2023

Apac Resources Limited Provides Earnings Forecast for the First Half of 2023

Upcoming dividend of HK$0.10 per share

Less than half of directors are independent

Full year 2022 earnings released: HK$0.37 loss per share (vs HK$1.11 profit in FY 2021)

APAC Resources Limited, Annual General Meeting, Dec 01, 2022

Now 21% undervalued after recent price drop

Full year 2022 earnings released: HK$0.37 loss per share (vs HK$1.11 profit in FY 2021)

APAC Resources Limited Proposes Final Dividend for the Year Ended 30 June 2022, Payable on 20 February 2023

APAC Resources Limited to Report Fiscal Year 2022 Results on Sep 27, 2022

Less than half of directors are independent

First half 2022 earnings: Revenues and EPS in line with analyst expectations

APAC Resources Limited Provides Earnings Guidance for the Six Months Ended 31 December 2021

APAC Resources Limited to Report First Half, 2022 Results on Feb 28, 2022

APAC Resources Limited Provides Group Earnings Guidance for the Six Months Ended December 31, 2021

Upcoming dividend of HK$0.20 per share

Full year 2021 earnings released: EPS HK$1.11 (vs HK$0.35 loss in FY 2020)

Full year 2021 earnings released: EPS HK$1.11 (vs HK$0.35 loss in FY 2020)

APAC Resources Limited Announces Special Dividend for the Year Ended 30 June 2021, Payable on 28 January 2022

APAC Resources Limited (SEHK:1104) completed the acquisition of 25.83% stake in Dragon Mining Limited (SEHK:1712) from Allied Group Limited (SEHK:373).

First half 2021 earnings released: EPS HK$0.97 (vs HK$0.039 in 1H 2020)

First half 2021 earnings released: EPS HK$0.97 (vs HK$0.039 in 1H 2020)

APAC Resources Limited to Report First Half, 2021 Results on Feb 25, 2021

Full year earnings released - €0.35 loss per share

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age