New Hoong Fatt Holdings Berhad Management
Management criteria checks 2/4
New Hoong Fatt Holdings Berhad's CEO is Jit Chin, appointed in Oct 2007, has a tenure of 16.58 years. total yearly compensation is MYR1.32M, comprised of 63.6% salary and 36.4% bonuses, including company stock and options. directly owns 1.24% of the company’s shares, worth MYR4.11M. The average tenure of the management team and the board of directors is 3.1 years and 14.2 years respectively.
Key information
Jit Chin
Chief executive officer
RM1.3m
Total compensation
| CEO salary percentage | 63.6% |
| CEO tenure | 16.6yrs |
| CEO ownership | 1.2% |
| Management average tenure | 3.1yrs |
| Board average tenure | 14.2yrs |
Recent management updates
Recent updates
New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Is Due To Pay A Dividend Of MYR0.03
Nov 30
Here's Why We Think New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Is Well Worth Watching
Nov 10A Look At The Intrinsic Value Of New Hoong Fatt Holdings Berhad (KLSE:NHFATT)
Nov 24New Hoong Fatt Holdings Berhad's (KLSE:NHFATT) Dividend Will Be Increased To RM0.06
May 02There Are Reasons To Feel Uneasy About New Hoong Fatt Holdings Berhad's (KLSE:NHFATT) Returns On Capital
Dec 29Here's Why New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Can Manage Its Debt Responsibly
May 10What To Know Before Buying New Hoong Fatt Holdings Berhad (KLSE:NHFATT) For Its Dividend
Apr 12Our Take On The Returns On Capital At New Hoong Fatt Holdings Berhad (KLSE:NHFATT)
Mar 07Does New Hoong Fatt Holdings Berhad (KLSE:NHFATT) Have A Healthy Balance Sheet?
Feb 08Should You Buy New Hoong Fatt Holdings Berhad (KLSE:NHFATT) For Its 4.7% Dividend?
Jan 12How Much Is New Hoong Fatt Holdings Berhad (KLSE:NHFATT) CEO Getting Paid?
Dec 17
Dividend Investors: Don't Be Too Quick To Buy New Hoong Fatt Holdings Berhad (KLSE:NHFATT) For Its Upcoming Dividend
Nov 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | RM48m |
| Sep 30 2023 | n/a | n/a | RM41m |
| Jun 30 2023 | n/a | n/a | RM40m |
| Mar 31 2023 | n/a | n/a | RM34m |
| Dec 31 2022 | RM1m | RM838k | RM27m |
| Sep 30 2022 | n/a | n/a | RM34m |
| Jun 30 2022 | n/a | n/a | RM25m |
| Mar 31 2022 | n/a | n/a | RM21m |
| Dec 31 2021 | RM1m | RM809k | RM20m |
| Sep 30 2021 | n/a | n/a | RM19m |
| Jun 30 2021 | n/a | n/a | RM24m |
| Mar 31 2021 | n/a | n/a | RM22m |
| Dec 31 2020 | RM1m | RM806k | RM12m |
| Sep 30 2020 | n/a | n/a | RM8m |
| Jun 30 2020 | n/a | n/a | RM7m |
| Mar 31 2020 | n/a | n/a | RM9m |
| Dec 31 2019 | RM1m | RM808k | RM15m |
| Sep 30 2019 | n/a | n/a | RM16m |
| Jun 30 2019 | n/a | n/a | RM16m |
| Mar 31 2019 | n/a | n/a | RM14m |
| Dec 31 2018 | RM1m | RM1m | RM14m |
| Sep 30 2018 | n/a | n/a | RM17m |
| Jun 30 2018 | n/a | n/a | RM15m |
| Mar 31 2018 | n/a | n/a | RM15m |
| Dec 31 2017 | RM1m | RM1m | RM20m |
Compensation vs Market: Jit's total compensation ($USD275.90K) is above average for companies of similar size in the MY market ($USD104.53K).
Compensation vs Earnings: Jit's compensation has increased by more than 20% in the past year.
CEO
Jit Chin (61 yo)
16.6yrs
Tenure
RM1,316,090
Compensation
Mr. Jit Sin Chin has been Managing Director of New Hoong Fatt Holdings Bhd since October 25, 2007. Mr. Chin oversees the strategic direction and operations of the Group, particularly in operational effecti...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 26.1yrs | RM1.36m | 47.44% MYR 157.7m | |
| Group MD & Executive Director | 16.6yrs | RM1.32m | 1.24% MYR 4.1m | |
| Non-Independent Executive Director | no data | RM314.25k | 2.4% MYR 8.0m | |
| General Manager of Finance & Administration | 6.1yrs | no data | no data | |
| General Manager of Sales | no data | no data | no data | |
| Joint Company Secretary | less than a year | no data | no data | |
| Joint Company Secretary | less than a year | no data | no data | |
| Chief Operating Officer of Manufacturing Division | no data | no data | no data |
3.1yrs
Average Tenure
56.5yo
Average Age
Experienced Management: NHFATT's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 26.1yrs | RM1.36m | 47.44% MYR 157.7m | |
| Group MD & Executive Director | 26.1yrs | RM1.32m | 1.24% MYR 4.1m | |
| Non-Independent Executive Director | 23yrs | RM314.25k | 2.4% MYR 8.0m | |
| Senior Independent Non-Executive Director | 5.3yrs | RM77.00k | no data | |
| Independent Non Executive Director | 2.3yrs | RM84.00k | no data | |
| Independent & Non Executive Director | 5.3yrs | RM77.00k | no data |
14.2yrs
Average Tenure
60yo
Average Age
Experienced Board: NHFATT's board of directors are seasoned and experienced ( 14.2 years average tenure).