Kerry Properties Management

Management criteria checks 3/4

Kerry Properties' CEO is Khoon Hua Kuok, appointed in Jun 2019, has a tenure of 4.92 years. total yearly compensation is HK$13.92M, comprised of 43.1% salary and 56.9% bonuses, including company stock and options. directly owns 0.42% of the company’s shares, worth €11.49M. The average tenure of the management team and the board of directors is 2 years and 2 years respectively.

Key information

Khoon Hua Kuok

Chief executive officer

HK$13.9m

Total compensation

CEO salary percentage	43.1%
CEO tenure	4.9yrs
CEO ownership	0.4%
Management average tenure	2yrs
Board average tenure	2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Khoon Hua Kuok's remuneration changed compared to Kerry Properties's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	HK$14m	HK$6m	HK$3b
Sep 30 2023	n/a	n/a	HK$2b
Jun 30 2023	n/a	n/a	HK$2b
Mar 31 2023	n/a	n/a	HK$2b
Dec 31 2022	HK$21m	HK$6m	HK$3b
Sep 30 2022	n/a	n/a	HK$6b
Jun 30 2022	n/a	n/a	HK$9b
Mar 31 2022	n/a	n/a	HK$10b
Dec 31 2021	HK$25m	HK$5m	HK$10b
Sep 30 2021	n/a	n/a	HK$9b
Jun 30 2021	n/a	n/a	HK$8b
Mar 31 2021	n/a	n/a	HK$7b
Dec 31 2020	HK$17m	HK$5m	HK$5b
Sep 30 2020	n/a	n/a	HK$5b
Jun 30 2020	n/a	n/a	HK$4b
Mar 31 2020	n/a	n/a	HK$6b
Dec 31 2019	HK$11m	HK$3m	HK$7b
Sep 30 2019	n/a	n/a	HK$7b
Jun 30 2019	n/a	n/a	HK$7b
Mar 31 2019	n/a	n/a	HK$7b
Dec 31 2018	HK$320k	n/a	HK$7b
Sep 30 2018	n/a	n/a	HK$9b
Jun 30 2018	n/a	n/a	HK$10b
Mar 31 2018	n/a	n/a	HK$10b
Dec 31 2017	HK$320k	n/a	HK$9b

Compensation vs Market: Khoon Hua's total compensation ($USD1.78M) is below average for companies of similar size in the German market ($USD2.58M).

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

CEO

Khoon Hua Kuok (44 yo)

4.9yrs

Tenure

HK$13,920,000

Compensation

Mr. Khoon Hua Kuok is Chief Executive Officer of Kerry Properties Limited since June 1, 2019 and its Chairman since May 19, 2022. He serves as Vice Chairman of the Board and Non Executive Director at Kerry...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Khoon Hua Kuok	Chairman & CEO	4.9yrs	HK$13.92m	0.42% HK$ 11.5m
Hing Lun Au	Deputy CEO & Executive Director	2yrs	HK$12.92m	0.0034% HK$ 95.1k
Wai Sin Cheng	CFO & Company Secretary	1.5yrs	no data	no data
Edwardo Erni	Managing Director of Kerry Eas Logistics Limited	no data	no data	no data

2.0yrs

Average Tenure

54.5yo

Average Age

Experienced Management: KR3's management team is considered experienced (2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Khoon Hua Kuok	Chairman & CEO	8.9yrs	HK$13.92m	0.42% HK$ 11.5m
Hing Lun Au	Deputy CEO & Executive Director	2yrs	HK$12.92m	0.0034% HK$ 95.1k
Kwan Chum	Independent Non-Executive Director	2yrs	HK$485.00k	no data
Yu Pok Wong	Independent Non-Executive Director	16yrs	HK$605.00k	no data
Shao Ming Tong	Non-Executive Director	less than a year	HK$85.00k	0.0034% HK$ 95.1k
Rui Li	Independent Non-Executive Director	less than a year	HK$85.00k	no data
Chun Yue Hui	Independent Non-Executive Director	4yrs	HK$565.00k	no data

2.0yrs

Average Tenure

51yo

Average Age

Experienced Board: KR3's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Kerry Properties Management

Management criteria checks 3/4

Key information

Recent management updates

Kerry Properties Limited, Annual General Meeting, May 20, 2024

Kerry Properties Limited Announces Director Appointments with Effect from November 1, 2023

Kerry Properties Limited Announces Resignation of Mr. Cheung Leong as Independent Non-Executive Director, Effective on June 30, 2023

Kerry Properties Limited Appoints Cheng Wai Sin, Suzanne as Chief Financial Officer

Chairman & CEO recently bought €234k worth of stock

Kerry Properties Limited Announces Executive Changes

Recent updates

Full year 2023 earnings released: EPS: HK$2.24 (vs HK$1.90 in FY 2022)

Final dividend of HK$0.95 announced

Kerry Properties Limited, Annual General Meeting, May 20, 2024

Full year 2023 earnings released: EPS: HK$2.23 (vs HK$1.90 in FY 2022)

Kerry Properties Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 05 June 2024

Kerry Properties Limited to Report Fiscal Year 2023 Results on Mar 20, 2024

Now 24% undervalued after recent price drop

Now 21% undervalued after recent price drop

Kerry Properties Limited Announces Director Appointments with Effect from November 1, 2023

Now 21% undervalued after recent price drop

Upcoming dividend of HK$0.40 per share at 9.1% yield

First half 2023 earnings released: EPS: HK$1.20 (vs HK$1.89 in 1H 2022)

Kerry Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 28 September 2023

Now 20% undervalued after recent price drop

Kerry Properties Limited to Report First Half, 2023 Results on Aug 29, 2023

Kerry Properties Limited Announces Resignation of Mr. Cheung Leong as Independent Non-Executive Director, Effective on June 30, 2023

Upcoming dividend of HK$0.95 per share at 7.6% yield

Full year 2022 earnings released: EPS: HK$1.90 (vs HK$7.11 in FY 2021)

Investor sentiment improved over the past week

Kerry Properties Limited Appoints Cheng Wai Sin, Suzanne as Chief Financial Officer

Chairman & CEO recently bought €234k worth of stock

Upcoming dividend of HK$0.40 per share

First half 2022 earnings released: EPS: HK$1.89 (vs HK$2.59 in 1H 2021)

Kerry Properties Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 16 September 2022

Kerry Properties Limited Announces Executive Changes

High number of new directors

Executive Director recently sold €251k worth of stock

Kerry Properties Limited Announces Board Changes

China Enterprises Limited entered into definitive sale and purchase agreement to acquire Two Warehouses in Hong Kong from Kerry Properties Limited (SEHK:683) for HKD 4.62 billion.

Kerry Properties Limited Announces Management Appointments

Upcoming dividend of HK$0.95 per share

Less than half of directors are independent

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment deteriorated over the past week

Kerry Properties Limited Announces Special Dividend, Payable on 06 October 2021

Upcoming dividend of HK$0.40 per share

First half 2021 earnings released: EPS HK$2.59 (vs HK$0.74 in 1H 2020)

Kerry Properties Limited Announces Special Dividend of HKD 2.3 Per Share

Upcoming dividend of HK$0.95 per share

Company Secretary has left the company

Shenzhen Fantasia Property Development Group Co., Ltd. entered into an agreement to acquire Wealthy Plaza Development (Chengdu) Ltd. from Kerry Properties Limited (SEHK:683) and Allgreen Properties Limited for CNY 38.1 million.

Full year 2020 earnings released: EPS HK$3.71 (vs HK$4.74 in FY 2019)

Full year 2020 earnings released: EPS HK$3.71 (vs HK$4.74 in FY 2019)

Kerry Properties Limited Recommends Final Dividend for the Year Ended 31 December 2020

Kerry Properties Limited to Report Fiscal Year 2020 Results on Mar 18, 2021

Brilliant Return Limited, a Wholly-Owned Subsidiary of Kerry Properties Limited and RECO Iroko Private Limited Enter Shareholders' Agreement to Form the Project Company

New 90-day high: €2.42

S.F. Holding Reportedly Eyes Stake in Kerry Logistics

New 90-day low: €2.04

New 90-day high: €2.24

First half earnings released

Earnings released

Kerry Properties Limited to Report First Half, 2020 Results on Aug 20, 2020

New 90-day low - €2.14

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age