Walnut Capital Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Alan Mung

Chief executive officer

HK$4.6m

Total compensation

CEO salary percentage	n/a
CEO tenure	9.8yrs
CEO ownership	56.0%
Management average tenure	no data
Board average tenure	10.1yrs

Recent management updates

Recent updates

How Much Did Global Mastermind Capital's (HKG:905) CEO Pocket Last Year?

Dec 23

CEO Compensation Analysis

How has Alan Mung's remuneration changed compared to Walnut Capital's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-HK$33m
Mar 31 2024	n/a	n/a	-HK$29m
Dec 31 2023	HK$5m	n/a	-HK$25m
Sep 30 2023	n/a	n/a	-HK$55m
Jun 30 2023	n/a	n/a	-HK$85m
Mar 31 2023	n/a	n/a	-HK$101m
Dec 31 2022	HK$6m	n/a	-HK$117m
Sep 30 2022	n/a	n/a	-HK$130m
Jun 30 2022	n/a	n/a	-HK$142m
Mar 31 2022	n/a	n/a	-HK$103m
Dec 31 2021	HK$5m	n/a	-HK$64m
Sep 30 2021	n/a	n/a	-HK$378k
Jun 30 2021	n/a	n/a	HK$63m
Mar 31 2021	n/a	n/a	HK$22m
Dec 31 2020	HK$4m	n/a	-HK$19m
Sep 30 2020	n/a	n/a	-HK$72m
Jun 30 2020	n/a	n/a	-HK$125m
Mar 31 2020	n/a	n/a	-HK$108m
Dec 31 2019	HK$4m	HK$330k	-HK$91m
Sep 30 2019	n/a	n/a	-HK$95m
Jun 30 2019	n/a	n/a	-HK$98m
Mar 31 2019	n/a	n/a	-HK$120m
Dec 31 2018	HK$4m	HK$330k	-HK$141m
Sep 30 2018	n/a	n/a	-HK$72m
Jun 30 2018	n/a	n/a	-HK$3m
Mar 31 2018	n/a	n/a	HK$12m
Dec 31 2017	HK$4m	HK$330k	HK$26m

Compensation vs Market: Alan's total compensation ($USD595.30K) is above average for companies of similar size in the Hong Kong market ($USD232.96K).

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

CEO

Alan Mung (38 yo)

9.8yrs

Tenure

HK$4,634,000

Compensation

Mr. Bun Man Mung, also known as Alan, has been the Chief Executive Officer and Executive Director of Walnut Capital Limited (formerly known as Global Mastermind Capital Limited) since February 9, 2015 and...

Board Members

Name	Position	Tenure	Compensation	Ownership
Kin Keung Mung	Executive Chairman of the Board	17.7yrs	no data	no data
Bun Man Mung	CEO & Executive Director	10.7yrs	HK$4.63m	56% HK$ 143.6m
Wai Ching Fung	Independent Non-Executive Director	10.1yrs	HK$60.00k	no data
Sau Lin Lui	Independent Non-Executive Director	2.3yrs	HK$60.00k	no data
Wang Hei Chung	Independent Non-Executive Director	2.3yrs	HK$60.00k	no data

10.1yrs

Average Tenure

52yo

Average Age

Experienced Board: 905's board of directors are seasoned and experienced ( 10.1 years average tenure).

Walnut Capital Management

Management criteria checks 2/4

Key information

Recent management updates

Walnut Capital Limited Announces Retirement of Wang Mingmin as Non-Executive Director

Walnut Capital Limited Announces Executive Changes

CEO & Executive Director exercised options to buy HK$15m worth of stock.

CEO & Executive Director recently sold HK$2.0m worth of stock

Walnut Capital Limited, Annual General Meeting, May 30, 2024

Less than half of directors are independent

Recent updates

New minor risk - Share price stability

Walnut Capital Limited to Report First Half, 2024 Results on Aug 29, 2024

Walnut Capital Limited Announces Retirement of Wang Mingmin as Non-Executive Director

New minor risk - Shareholder dilution

Walnut Capital Limited Announces Executive Changes

CEO & Executive Director exercised options to buy HK$15m worth of stock.

CEO & Executive Director recently sold HK$2.0m worth of stock

Walnut Capital Limited, Annual General Meeting, May 30, 2024

Walnut Capital Limited has filed a Follow-on Equity Offering in the amount of HKD 56.727048 million.

New minor risk - Share price stability

Full year 2023 earnings released: HK$0.036 loss per share (vs HK$0.17 loss in FY 2022)

Walnut Capital Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Less than half of directors are independent

Walnut Capital Limited Appoints Wang Mingmin as Non-Executive Director

New major risk - Share price stability

First half 2023 earnings released: HK$0.016 loss per share (vs HK$0.062 loss in 1H 2022)

Walnut Capital Limited to Report First Half, 2023 Results on Aug 29, 2023

Walnut Capital Limited Announces Board Changes

First half 2022 earnings released: HK$0.062 loss per share (vs HK$0.05 profit in 1H 2021)

Walnut Capital Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022

Walnut Capital Limited to Report First Half, 2022 Results on Aug 29, 2022

Global Mastermind Capital Limited Announces Board Changes

Global Mastermind Capital Limited, Annual General Meeting, Jun 15, 2022

Insufficient new directors

Full year 2021 earnings released: HK$0.091 loss per share (vs HK$0.027 loss in FY 2020)

First half 2021 earnings released: EPS HK$0.05 (vs HK$0.067 loss in 1H 2020)

CEO & Executive Director recently sold HK$73k worth of stock

CEO & Executive Director recently sold HK$71k worth of stock

Mung Bun Man Alan completed the acquisition of an additional 3.2% stake in Global Mastermind Capital Limited (SEHK:905) for HKD 2.5 million.

CEO & Executive Director recently bought HK$84k worth of stock

Full year 2020 earnings released: HK$0.027 loss per share (vs HK$0.13 loss in FY 2019)

Full year 2020 earnings released: HK$0.027 loss per share (vs HK$0.13 loss in FY 2019)

Global Mastermind Capital Limited to Report Fiscal Year 2020 Results on Mar 30, 2021