White Horse Berhad Management

Management criteria checks 3/4

White Horse Berhad's CEO is Shen Liao, appointed in Feb 2022, has a tenure of 2.75 years. directly owns 5.55% of the company’s shares, worth MYR9.12M. The average tenure of the management team and the board of directors is 25.3 years and 18.4 years respectively.

Key information

Shen Liao

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	2.8yrs
CEO ownership	5.5%
Management average tenure	25.3yrs
Board average tenure	18.4yrs

Recent management updates

Recent updates

White Horse Berhad (KLSE:WTHORSE) Looks Inexpensive But Perhaps Not Attractive Enough

Mar 01

We Think That There Are Some Issues For White Horse Berhad (KLSE:WTHORSE) Beyond Its Promising Earnings

Aug 30

CEO

Shen Liao (61 yo)

2.8yrs

Tenure

Mr. Shen Hua Liao serves as Chairman and Managing Director at White Horse Berhad since February 11, 2022. Mr. Liao is responsible for the overall manufacturing operation of White Horse Berhad. He had been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Shen Liao	Chairman & MD	2.8yrs	no data	5.55% MYR 9.1m
Swee Teo	Deputy MD & Director	25.3yrs	no data	5.86% MYR 9.6m
Soon Cheng	Deputy MD & Director	25.3yrs	no data	2.75% MYR 4.5m
Kim Loo	General Manager of Marketing	no data	no data	no data
Chin Tan	Senior Manager of Human Resources	21.8yrs	no data	no data
Siew Chua	Company Secretary	25.5yrs	no data	no data

25.3yrs

Average Tenure

64.5yo

Average Age

Experienced Management: WTHORSE's management team is seasoned and experienced (25.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Shen Liao	Chairman & MD	25.3yrs	no data	5.55% MYR 9.1m
Swee Teo	Deputy MD & Director	25.3yrs	no data	5.86% MYR 9.6m
Soon Cheng	Deputy MD & Director	25.3yrs	no data	2.75% MYR 4.5m
Kim Teo	Non-Independent Non-Executive Director	25.3yrs	no data	5.63% MYR 9.2m
Kim Teo	Non Independent & Non-Executive Director	25.3yrs	no data	5.62% MYR 9.2m
Lam Tai	Independent Non-Executive Director	5.3yrs	RM 52.90k	no data
Shen Liao	Non Independent & Non Executive Director	3.4yrs	no data	7.11% MYR 11.7m
Swat Yeo	Senior Independent Non Executive Director	11.6yrs	RM 52.90k	no data
Lee Lau	Independent & Non-Executive Director	6.3yrs	RM 52.50k	no data
Hung-Chang Liao	Non-Independent Non-Executive Director	2.8yrs	no data	3.81% MYR 6.3m

18.4yrs

Average Tenure

66yo

Average Age

Experienced Board: WTHORSE's board of directors are seasoned and experienced ( 18.4 years average tenure).

White Horse Berhad Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

White Horse Berhad, Annual General Meeting, May 28, 2024

White Horse Berhad Approves the Retention of Madam Rosita Yeo Swat Geok as Senior Independent Non-Executive Director

White Horse Berhad Appoints Liao, Hung-Chang as Non Independent and Non Executive Member of Audit Committee

White Horse Berhad, Annual General Meeting, May 24, 2022

White Horse Berhad Announces Cessation of Liao Shen Hua, Date of Change Is 18 Apr. 2022

Recent updates

Second quarter 2024 earnings released

Insufficient new directors

First quarter 2024 earnings released: RM0.014 loss per share (vs RM0.084 loss in 1Q 2023)

White Horse Berhad, Annual General Meeting, May 28, 2024

Full year 2023 earnings released: RM0.078 loss per share (vs RM0.004 profit in FY 2022)

White Horse Berhad (KLSE:WTHORSE) Looks Inexpensive But Perhaps Not Attractive Enough

Third quarter 2023 earnings released: RM0.013 loss per share (vs RM0.022 loss in 3Q 2022)

Second quarter 2023 earnings released: RM0.053 loss per share (vs RM0.009 loss in 2Q 2022)

First quarter 2023 earnings released: RM0.083 loss per share (vs RM0.042 profit in 1Q 2022)

White Horse Berhad Approves the Retention of Madam Rosita Yeo Swat Geok as Senior Independent Non-Executive Director

Full year 2022 earnings released: EPS: RM0.004 (vs RM0.074 in FY 2021)

White Horse Berhad Appoints Liao, Hung-Chang as Non Independent and Non Executive Member of Audit Committee

Third quarter 2022 earnings released: RM0.022 loss per share (vs RM0.077 loss in 3Q 2021)

We Think That There Are Some Issues For White Horse Berhad (KLSE:WTHORSE) Beyond Its Promising Earnings

Second quarter 2022 earnings released: RM0.009 loss per share (vs RM0.072 loss in 2Q 2021)

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

White Horse Berhad, Annual General Meeting, May 24, 2022

White Horse Berhad Announces Cessation of Liao Shen Hua, Date of Change Is 18 Apr. 2022

Upcoming dividend of RM0.03 per share

White Horse Berhad Declares Tax-Exempt Final Dividend for the Year Ended December 31, 2021, Payable on 20 May 2022

Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?

White Horse Berhad Declares Tax-Exempt Final Dividend for the Financial Year Ended 31 December 2021

White Horse Berhad Appoints Cheng Soon Mong as Member of Remuneration Committee

Third quarter 2021 earnings: EPS and revenues exceed analyst expectations

Health Check: How Prudently Does White Horse Berhad (KLSE:WTHORSE) Use Debt?

Second quarter 2021 earnings released: RM0.072 loss per share (vs RM0.098 loss in 2Q 2020)

First quarter 2021 earnings released: RM0.023 loss per share (vs RM0.088 loss in 1Q 2020)

Is White Horse Berhad (KLSE:WTHORSE) A Risky Investment?

New 90-day low: RM0.62

Full year 2020 earnings released: RM0.25 loss per share (vs RM0.28 loss in FY 2019)

Is White Horse Berhad (KLSE:WTHORSE) Using Too Much Debt?

Third quarter 2020 earnings released: RM0.021 loss per share

New 90-day high: RM0.65

New 90-day low - RM0.58

Earnings released

New 90-day low - RM0.59

New 90-day low - RM0.62

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age