Sembcorp Industries Management

Management criteria checks 2/4

Sembcorp Industries' CEO is Kim Yin Wong, appointed in Jul 2020, has a tenure of 4.33 years. total yearly compensation is SGD7.90M, comprised of 17.3% salary and 82.7% bonuses, including company stock and options. directly owns 0.36% of the company’s shares, worth €23.38M. The average tenure of the management team and the board of directors is 4.3 years and 4.3 years respectively.

Key information

Kim Yin Wong

Chief executive officer

S$7.9m

Total compensation

CEO salary percentage	17.3%
CEO tenure	4.3yrs
CEO ownership	0.4%
Management average tenure	4.3yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kim Yin Wong's remuneration changed compared to Sembcorp Industries's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	S$952m
Mar 31 2024	n/a	n/a	S$986m
Dec 31 2023	S$8m	S$1m	S$1b
Sep 30 2023	n/a	n/a	S$972m
Jun 30 2023	n/a	n/a	S$923m
Mar 31 2023	n/a	n/a	S$814m
Dec 31 2022	S$6m	S$1m	S$704m
Jun 30 2022	n/a	n/a	S$473m
Mar 31 2022	n/a	n/a	S$302m
Dec 31 2021	S$4m	S$1m	S$130m
Sep 30 2021	n/a	n/a	S$256m
Jun 30 2021	n/a	n/a	S$245m
Mar 31 2021	n/a	n/a	S$193m
Dec 31 2020	S$3m	S$684k	S$140m

Compensation vs Market: Kim Yin's total compensation ($USD5.90M) is above average for companies of similar size in the German market ($USD3.50M).

Compensation vs Earnings: Kim Yin's compensation has increased by more than 20% in the past year.

CEO

Kim Yin Wong (54 yo)

4.3yrs

Tenure

S$7,899,000

Compensation

Mr. Kim Yin Wong is Group President, Chief Executive Officer, Director and Member of Technology Advisory Panel of Sembcorp Industries Ltd from July 01, 2020. He joined the Sembcorp Industries Ltd on July 0...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kim Yin Wong	Group President	4.3yrs	S$7.90m	0.36% € 23.4m
Chee Mun Cheng	Group Chief Financial Officer	3.7yrs	no data	0.090% € 5.9m
Gim Siong Neo	Chief Operating Officer	less than a year	no data	no data
Keng Siah	Chief Technology Officer of Group Technology	8.8yrs	no data	no data
Xin Jin Ling	Head Group Corporate Communications & Investor Relations	no data	no data	no data
Nuraliza Binte Mohamed Osman	Group General Counsel & Secretary	1.8yrs	no data	no data
Kwang Cheong Chong	Chief Corporate & Human Resources Officer	4.8yrs	no data	no data
Lillian Lee	Senior Vice President of Group Human Resources & Organisational Development	no data	no data	no data
Cheng Guan Tan	Executive VP of Office of the Group President & CEO	no data	S$2.15m	no data
Han Goh	Senior Vice President of Group Tax	no data	no data	no data
Atul Nargund	Executive Vice President of Group Asset Management	7.6yrs	no data	no data
Yien Phin Liew	Senior Vice President of Group Project Development - Utilities	no data	no data	no data

4.3yrs

Average Tenure

54yo

Average Age

Experienced Management: SBOA's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kim Yin Wong	Group President	4.3yrs	S$7.90m	0.36% € 23.4m
Heng Tan Tow	Non-Independent & Non-executive Chairman	3.4yrs	S$587.00k	0.0044% € 286.8k
Lay Keng Kwa	Non-Executive Independent Director & Member of Technology Advisory Panel	6.3yrs	S$196.00k	0.0044% € 285.5k
Kunnasagaran Chinniah	Non-Executive & Independent Director	1.3yrs	S$63.00k	0.00020% € 13.1k
Ming Yan Lim	Lead Independent Non-Executive Director & Member of Technology Advisory Panel	3.8yrs	S$256.00k	0.0027% € 179.0k
Nagi Adel Hamiyeh	Non-Executive Non-Independent Director	4.7yrs	S$147.00k	0.0027% € 178.4k
Chee Keong Yap	Non-Executive Independent Director	8.1yrs	S$213.00k	0.0080% € 525.3k
Pao Chuen Lui	Member of Technology Advisory Panel	11.7yrs	no data	no data
How Yong Ng	Member of Technology Advisory Panel	no data	no data	no data
Ron Chia	President Director of SMOE Indonesia	8.8yrs	no data	no data
Li Yuen Chin	Non-Executive Independent Director	less than a year	S$29.00k	0.000090% € 5.9k
Chao Choon Ong	Independent Non-Executive Director	less than a year	S$29.00k	0.000090% € 5.9k

4.3yrs

Average Tenure

64yo

Average Age

Experienced Board: SBOA's board of directors are considered experienced (4.3 years average tenure).

Sembcorp Industries Management

Management criteria checks 2/4

Key information

Recent management updates

Sembcorp Industries Ltd Appoints Kunnasagaran Chinniah as Chairman of the Risk Committee

Sembcorp Industries Ltd, Annual General Meeting, Apr 23, 2024

Sembcorp Industries Ltd Announces Executive Changes, Effect from November 1, 2023, November 3, 2023

Sembcorp Industries (Sembcorp) Announces Appointment of Kunnasagaran Chinniah as Non-Executive and Independent Director

Sembcorp Industries Ltd Announces Board Changes

Sembcorp Industries Ltd Announces Board and Committee Changes, with Effect from April 21, 2022

Recent updates

Sembcorp Industries Ltd Announces Resumption of Sembcorp Myingyan Independent Power Plant in Mandalay, Myanmar

JSW Neo, Sembcorp, ONGC Reportedly Shortlisted to Acquire NIIF Backed Ayana in $800 Million Deal

Sembcorp Industries Announces Temporarily Suspension Operations of Sembcorp Myingyan Independent Power Plant

First half dividend of S$0.06 announced

First half 2024 earnings released: EPS: S$0.30 (vs S$0.34 in 1H 2023)

Sembcorp Industries Ltd to Report First Half, 2024 Results on Aug 06, 2024

JSW, Torrent, Masdar Among Suitors for Enel's India Assets

Sembcorp Industries Ltd Appoints Kunnasagaran Chinniah as Chairman of the Risk Committee

Upcoming dividend of S$0.08 per share

Full year 2023 earnings released: EPS: S$0.57 (vs S$0.40 in FY 2022)

Masdar, Gentari, Others Reportedly Eye Majority Stake in Ayana Renewable Power

Sembcorp Industries Ltd, Annual General Meeting, Apr 23, 2024

Final dividend of S$0.08 announced

Full year 2023 earnings released: EPS: S$0.57 (vs S$0.40 in FY 2022)

Sembcorp Industries Ltd to Report Fiscal Year 2023 Results on Feb 20, 2024

Sembcorp Industries Ltd Announces Executive Changes, Effect from November 1, 2023, November 3, 2023

ONGC, Four Others Reportedly Vie for Fortum Projects

New major risk - Revenue and earnings growth

First half 2023 earnings released: EPS: S$0.34 (vs S$0.22 in 1H 2022)

Sembcorp Industries Ltd (SGX:U96) acquired 35.11% stake in Aksay Kazakh Autonomous County Huidong New Energy Co., Ltd. for CNY 62.8 million.

Sembcorp Industries (Sembcorp) Announces Appointment of Kunnasagaran Chinniah as Non-Executive and Independent Director

Sembcorp Industries Drops Plan to Sell Waste- Management Business

Sembcorp Reportedly Eyes ReNew's Green Energy Projects

Sembcorp Industries Ltd to Report First Half, 2023 Results on Aug 04, 2023

Sembcorp in Preliminary Talks for Potential Sale of SembWaste

Sembcorp Industries Says No Definitive Deal to Sell Unit

Sembcorp Industries Ltd Announces Board Changes

Upcoming dividend of S$0.08 per share at 1.9% yield

Full year 2022 earnings released: EPS: S$0.40 (vs S$0.073 in FY 2021)

Full year 2022 earnings released: EPS: S$0.40 (vs S$0.15 in FY 2021)

Sembcorp Industries Ltd to Report Fiscal Year 2022 Results on Feb 21, 2023

First half 2022 earnings released: EPS: S$0.28 (vs S$0.026 in 1H 2021)

Sembcorp Industries Ltd Announces 2022 Interim Ordinary Exempt-1-Tier Dividend

Sembcorp Industries Ltd Provides Earnings Guidance for the Half Year Ended June 30, 2022

Sembcorp Industries Ltd to Report First Half, 2022 Results on Aug 05, 2022

Sembcorp Industries Ltd Announces Board and Committee Changes, with Effect from April 21, 2022

Upcoming dividend of S$0.03 per share

Sembcorp, Enfinity, JSW Group Reportedly to Acquire Mytrah Energy

Full year 2021 earnings released: EPS: S$0.15 (vs S$0.078 in FY 2020)

Sembcorp Industries Ltd (SGX:U96) acquired Hung Viet Phat Solar Power Technology Company Limited for VND 15000 million.

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

Sembcorp Industries Ltd Proposes Final Tax-Exempt 1-Tier Dividend for the Year 2021, Payable on May 10, 2022

L&T Reportedly in Talks to Merge Its Thermal Power Business with Sembcorp India

First half 2021 earnings released: EPS S$0.026 (vs S$0.033 loss in 1H 2020)

An unknown buyer acquired a 95% stake in Sembcorp Jingmen Water Co., Ltd from Sembcorp Industries Ltd (SGX:U96) for CNY 50 million.

Company Secretary has left the company

Non-Executive Independent Director & Member of Technology Advisory Panel has left the company

Non-Executive Independent Director has left the company

Non-Executive Independent Director & Member of Technology Advisory Panel has left the company

Upcoming dividend of S$0.04 per share

New 90-day high: €1.15

Sembcorp Grows Renewable Energy Portfolio with 82 Megawatt-Peak of Solar Project Wins

Group Chief Financial Officer has left the company

Revenue misses expectations

Sembcorp Industries Ltd (SGX:U96) acquired a 24.6% in East Saigon Investment and Industrial Development Joint Stock Company for VND 50 billion.

Sembcorp Industries Ltd Announces Appointments to Board Committees

Sembcorp Industries Ltd Appoints Eugene Cheng as Group Chief Financial Officer, Effective March 8, 2021

New 90-day low: €0.98

Sembcorp Industries Ltd Appoints Lim Ming Yan as Non-Executive Independent Director

Sembcorp Industries Ltd Announces Graham Cockroft to Resign as Group Chief Financial Officer

New 90-day low - €0.70

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members