MGB Berhad Management

Management criteria checks 3/4

MGB Berhad's CEO is Lit Lim, appointed in Dec 2016, has a tenure of 7.25 years. directly owns 14.57% of the company’s shares, worth MYR69.84M. The average tenure of the management team and the board of directors is 5.5 years and 7.3 years respectively.

Key information

Lit Lim

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.3yrs
CEO ownership14.6%
Management average tenure5.5yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue

Mar 12
MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue

MGB Berhad (KLSE:MGB) Soars 26% But It's A Story Of Risk Vs Reward

Feb 13
MGB Berhad (KLSE:MGB) Soars 26% But It's A Story Of Risk Vs Reward

MGB Berhad (KLSE:MGB) Has A Rock Solid Balance Sheet

Feb 09
MGB Berhad (KLSE:MGB) Has A Rock Solid Balance Sheet

MGB Berhad (KLSE:MGB) Has Some Difficulty Using Its Capital Effectively

Mar 28
MGB Berhad (KLSE:MGB) Has Some Difficulty Using Its Capital Effectively

Returns At MGB Berhad (KLSE:MGB) Are On The Way Up

Nov 02
Returns At MGB Berhad (KLSE:MGB) Are On The Way Up

Things Look Grim For MGB Berhad (KLSE:MGB) After Today's Downgrade

Aug 21
Things Look Grim For MGB Berhad (KLSE:MGB) After Today's Downgrade

MGB Berhad (KLSE:MGB) Analysts Are More Bearish Than They Used To Be

May 19
MGB Berhad (KLSE:MGB) Analysts Are More Bearish Than They Used To Be

MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue

Apr 28
MGB Berhad (KLSE:MGB) Shareholders Will Want The ROCE Trajectory To Continue

It Looks Like MGB Berhad's (KLSE:MGB) CEO May Expect Their Salary To Be Put Under The Microscope

Jun 09
It Looks Like MGB Berhad's (KLSE:MGB) CEO May Expect Their Salary To Be Put Under The Microscope

Capital Allocation Trends At MGB Berhad (KLSE:MGB) Aren't Ideal

Apr 05
Capital Allocation Trends At MGB Berhad (KLSE:MGB) Aren't Ideal

Did Business Growth Power MGB Berhad's (KLSE:MGB) Share Price Gain of 119%?

Mar 15
Did Business Growth Power MGB Berhad's (KLSE:MGB) Share Price Gain of 119%?

Here's Why MGB Berhad (KLSE:MGB) Has A Meaningful Debt Burden

Feb 14
Here's Why MGB Berhad (KLSE:MGB) Has A Meaningful Debt Burden

Do Its Financials Have Any Role To Play In Driving MGB Berhad's (KLSE:MGB) Stock Up Recently?

Jan 24
Do Its Financials Have Any Role To Play In Driving MGB Berhad's (KLSE:MGB) Stock Up Recently?

The Returns At MGB Berhad (KLSE:MGB) Provide Us With Signs Of What's To Come

Jan 02
The Returns At MGB Berhad (KLSE:MGB) Provide Us With Signs Of What's To Come

A Look At MGB Berhad's (KLSE:MGB) Share Price Returns

Dec 07
A Look At MGB Berhad's (KLSE:MGB) Share Price Returns

CEO Compensation Analysis

How has Lit Lim's remuneration changed compared to MGB Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

RM49m

Sep 30 2023n/an/a

RM40m

Jun 30 2023n/an/a

RM31m

Mar 31 2023n/an/a

RM20m

Dec 31 2022n/an/a

RM15m

Sep 30 2022n/an/a

RM22m

Jun 30 2022n/an/a

RM20m

Mar 31 2022n/an/a

RM24m

Dec 31 2021n/an/a

RM27m

Sep 30 2021n/an/a

RM22m

Jun 30 2021n/an/a

RM26m

Mar 31 2021n/an/a

RM22m

Dec 31 2020RM1mRM925k

RM14m

Sep 30 2020n/an/a

RM12m

Jun 30 2020n/an/a

RM9m

Mar 31 2020n/an/a

RM13m

Dec 31 2019RM1mRM941k

RM13m

Compensation vs Market: Insufficient data to establish whether Lit's total compensation is reasonable compared to companies of similar size in the MY market.

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


CEO

Lit Lim (46 yo)

7.3yrs

Tenure

Datuk Lit Chek Lim, DPSM, has been Chief Executive Officer and Executive Director at MGB Berhad (formerly known as ML Global Berhad) since December 01, 2016. Datuk Lim served as Senior General Manager of C...


Leadership Team

NamePositionTenureCompensationOwnership
Hock Lim
Group Executive Chairman9.6yrsno data0.20%
MYR 965.3k
Lit Lim
CEO & Executive Director7.3yrsno data14.57%
MYR 69.8m
Hock Guan Lim
Group MD & Executive Directorno datano data0.26%
MYR 1.2m
Wee Chew
Chief Operating Officer4.8yrsno datano data
Sow Yun
Head of Department of Accounts1.9yrsno datano data
Chiew Toh
Head of Department Human Resource8.9yrsno datano data
Suan Tan
Head of Department of Treasury & Investor Relations1.8yrsno datano data
Kim Lim
Deputy Chief Executive Officerno datano datano data
Tack Wong
Deputy Chief Executive Officer7.3yrsno datano data
Kar-Yen Lee
Head of Department of Contract6.2yrsno datano data
Chee Lau
Chief Executive Officer of Manufacturing Divisionno datano datano data
Shew Yong
Chief Operating Officer of KSA Divisionno datano datano data

5.5yrs

Average Tenure

49.5yo

Average Age

Experienced Management: MGB's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hock Lim
Group Executive Chairman9.6yrsno data0.20%
MYR 965.3k
Lit Lim
CEO & Executive Director7.3yrsno data14.57%
MYR 69.8m
Hock Guan Lim
Group MD & Executive Director9.6yrsno data0.26%
MYR 1.2m
Hang Beh
Independent Non-Executive Director16.2yrsRM37.40k0.62%
MYR 3.0m
Nadhirah Binti Abdul Karim
Independent Non-Executive Director5.1yrsRM37.10kno data
Noor Binti Muhammad
Independent Non Executive Directorless than a yearno datano data
Nor Binti Mohd Ghazali
Independent Non-Executive Directorless than a yearno datano data

7.3yrs

Average Tenure

47yo

Average Age

Experienced Board: MGB's board of directors are considered experienced (7.3 years average tenure).


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