SOCAM Development Management
Management criteria checks 1/4
SOCAM Development's CEO is Freddy Lee, appointed in Oct 2019, has a tenure of 6.67 years. total yearly compensation is HK$6.13M, comprised of 95.5% salary and 4.5% bonuses, including company stock and options. directly owns 0.005% of the company’s shares, worth HK$6.40K. The average tenure of the management team and the board of directors is 1.4 years and 4.8 years respectively.
Key information
Freddy Lee
Chief executive officer
HK$6.1m
Total compensation
| CEO salary percentage | 95.50% |
| CEO tenure | 6.7yrs |
| CEO ownership | 0.005% |
| Management average tenure | 1.4yrs |
| Board average tenure | 4.8yrs |
Recent management updates
We Think Shareholders May Want To Consider A Review Of SOCAM Development Limited's (HKG:983) CEO Compensation Package
Key Insights SOCAM Development to hold its Annual General Meeting on 29th of May Salary of HK$5.85m is part of CEO...SOCAM Development Limited's (HKG:983) CEO Compensation Is Looking A Bit Stretched At The Moment
Key Insights SOCAM Development to hold its Annual General Meeting on 30th of May Total pay for CEO Freddy Lee includes...Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | HK$6m | HK$6m | -HK$147m |
| Jun 30 2025 | n/a | n/a | -HK$359m |
| Mar 31 2025 | n/a | n/a | -HK$361m |
| Dec 31 2024 | HK$6m | HK$6m | -HK$374m |
| Sep 30 2024 | n/a | n/a | -HK$264m |
| Jun 30 2024 | n/a | n/a | -HK$164m |
| Mar 31 2024 | n/a | n/a | -HK$159m |
| Dec 31 2023 | HK$6m | HK$6m | -HK$155m |
| Sep 30 2023 | n/a | n/a | -HK$203m |
| Jun 30 2023 | n/a | n/a | -HK$251m |
| Mar 31 2023 | n/a | n/a | -HK$241m |
| Dec 31 2022 | HK$12m | HK$12m | -HK$232m |
| Sep 30 2022 | n/a | n/a | -HK$118m |
| Jun 30 2022 | n/a | n/a | -HK$4m |
| Mar 31 2022 | n/a | n/a | HK$36m |
| Dec 31 2021 | HK$11m | HK$6m | HK$76m |
| Sep 30 2021 | n/a | n/a | HK$139m |
| Jun 30 2021 | n/a | n/a | HK$202m |
| Mar 31 2021 | n/a | n/a | HK$127m |
| Dec 31 2020 | HK$8m | HK$6m | HK$52m |
| Sep 30 2020 | n/a | n/a | -HK$41m |
| Jun 30 2020 | n/a | n/a | -HK$134m |
| Mar 31 2020 | n/a | n/a | -HK$63m |
| Dec 31 2019 | HK$4m | HK$4m | HK$7m |
Compensation vs Market: Freddy's total compensation ($USD782.26K) is above average for companies of similar size in the Hong Kong market ($USD241.41K).
Compensation vs Earnings: Freddy's compensation has increased whilst the company is unprofitable.
CEO
Freddy Lee (64 yo)
Mr. Chun Kong Lee, also known as Freddy, has been Chief Executive Officer and Executive Director of SOCAM Development Limited since October 1, 2019. He served as the Chief Executive Officer of Shui On Land...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.4yrs | HK$10.00k | 0.084% HK$ 99.8k | |
| CEO & Executive Director | 6.7yrs | HK$6.13m | 0.0054% HK$ 6.4k | |
| Deputy CEO & Executive Director | 1.4yrs | HK$2.72m | no data | |
| Director of Corporate Finance | 1.4yrs | no data | no data | |
| Head of Corporate Development | 1.4yrs | no data | no data | |
| Company Secretary | less than a year | no data | no data |
Experienced Management: 983's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.4yrs | HK$10.00k | 0.084% HK$ 99.8k | |
| CEO & Executive Director | 6.7yrs | HK$6.13m | 0.0054% HK$ 6.4k | |
| Deputy CEO & Executive Director | 1.4yrs | HK$2.72m | no data | |
| Independent Non-executive Director | 2.8yrs | HK$520.00k | no data | |
| Independent Non-Executive Director | 3yrs | HK$550.00k | no data | |
| Independent Non-Executive Director | 16.4yrs | HK$595.00k | no data | |
| Non-Executive Director | 7.4yrs | HK$315.00k | no data | |
| Non-Executive Director | 2.8yrs | HK$345.00k | no data |
Experienced Board: 983's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/05 06:10 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
SOCAM Development Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.