Efficient E-Solutions Berhad Management

Management criteria checks 3/4

Efficient E-Solutions Berhad's CEO is Vincent Cheah, appointed in Jan 2004, has a tenure of 20.83 years. total yearly compensation is MYR1.11M, comprised of 89.2% salary and 10.8% bonuses, including company stock and options. directly owns 24.15% of the company’s shares, worth MYR43.63M. The average tenure of the management team and the board of directors is 11.5 years and 16.9 years respectively.

Key information

Vincent Cheah

Chief executive officer

RM 1.1m

Total compensation

CEO salary percentage	89.2%
CEO tenure	20.8yrs
CEO ownership	24.1%
Management average tenure	11.5yrs
Board average tenure	16.9yrs

Recent management updates

Recent updates

Efficient E-Solutions Berhad's (KLSE:EFFICEN) Price Is Out Of Tune With Earnings

Nov 04

Here's Why We're Not Too Worried About Efficient E-Solutions Berhad's (KLSE:EFFICEN) Cash Burn Situation

Feb 04

Companies Like Efficient E-Solutions Berhad (KLSE:EFFICEN) Can Afford To Invest In Growth

Jul 27

We Think Efficient E-Solutions Berhad (KLSE:EFFICEN) Can Afford To Drive Business Growth

Nov 23

We're Not Very Worried About Efficient E-Solutions Berhad's (KLSE:EFFICEN) Cash Burn Rate

Jul 26

Efficient E-Solutions Berhad (KLSE:EFFICEN) Is In A Strong Position To Grow Its Business

Apr 08

We Think Efficient E-Solutions Berhad (KLSE:EFFICEN) Can Easily Afford To Drive Business Growth

Dec 24

CEO Compensation Analysis

How has Vincent Cheah's remuneration changed compared to Efficient E-Solutions Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	RM 3m
Mar 31 2024	n/a	n/a	RM 2m
Dec 31 2023	RM 1m	RM 990k	-RM 477k
Sep 30 2023	n/a	n/a	RM 1m
Jun 30 2023	n/a	n/a	RM 897k
Mar 31 2023	n/a	n/a	-RM 36k
Dec 31 2022	RM 1m	RM 945k	-RM 1m
Sep 30 2022	n/a	n/a	-RM 2m
Jun 30 2022	n/a	n/a	-RM 3m
Mar 31 2022	n/a	n/a	-RM 3m
Dec 31 2021	RM 1m	RM 900k	-RM 3m
Sep 30 2021	n/a	n/a	-RM 5m
Jun 30 2021	n/a	n/a	-RM 6m
Mar 31 2021	n/a	n/a	-RM 5m
Dec 31 2020	RM 1m	RM 900k	-RM 4m
Sep 30 2020	n/a	n/a	-RM 6m
Jun 30 2020	n/a	n/a	-RM 6m
Mar 31 2020	n/a	n/a	-RM 7m
Dec 31 2019	RM 1m	RM 900k	-RM 8m
Sep 30 2019	n/a	n/a	-RM 8m
Jun 30 2019	n/a	n/a	-RM 8m
Mar 31 2019	n/a	n/a	-RM 8m
Dec 31 2018	RM 1m	RM 900k	-RM 8m
Sep 30 2018	n/a	n/a	-RM 6m
Jun 30 2018	n/a	n/a	-RM 6m
Mar 31 2018	n/a	n/a	-RM 4m
Dec 31 2017	RM 1m	RM 900k	-RM 3m

Compensation vs Market: Vincent's total compensation ($USD248.10K) is above average for companies of similar size in the MY market ($USD108.82K).

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

CEO

Vincent Cheah (65 yo)

20.8yrs

Tenure

RM 1,109,542

Compensation

Mr. Chee Kong Cheah, also known as Vincent, has been Managing Director and Director of Efficient E-solutions Berhad since January 21, 2004. Mr. Cheah has over 20 years of experience as an entrepreneur in i...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chee Cheah	MD & Director	20.8yrs	RM 1.11m	24.15% MYR 43.6m
Chee Cheah	Executive Director	no data	RM 740.36k	0.65% MYR 1.2m
Chiew Tan	Chief Financial Officer	8.7yrs	no data	no data
Ramesh Raju Naidu	Chief Information Officer	11.5yrs	no data	no data
Saifuddin Bin Hussein	Head of Strategy	6.3yrs	no data	no data
Kean Tan	Company Secretary	12.3yrs	no data	no data

11.5yrs

Average Tenure

50yo

Average Age

Experienced Management: EFFICEN's management team is seasoned and experienced (11.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Chee Cheah	MD & Director	20.8yrs	RM 1.11m	24.15% MYR 43.6m
Chee Cheah	Executive Director	20.8yrs	RM 740.36k	0.65% MYR 1.2m
Kian Voong	Non-Independent Non-Executive Director	13.6yrs	RM 23.43k	no data
Abdul Bin Abdullah	Non-Independent Non-Executive Chairman of the Board	20.3yrs	RM 30.32k	no data
Robiah Binti Abdul Ghani	Independent & Non Executive Director	5.2yrs	RM 15.16k	no data
Mokhtar Bin Jamaldin	Independent Non-Executive Director	less than a year	RM 4.13k	no data

16.9yrs

Average Tenure

65.5yo

Average Age

Experienced Board: EFFICEN's board of directors are seasoned and experienced ( 16.9 years average tenure).

Efficient E-Solutions Berhad Management

Management criteria checks 3/4

Key information

Recent management updates

Efficient E-Solutions Berhad, Annual General Meeting, Jun 27, 2024

Efficient E-Solutions Berhad, Annual General Meeting, Jun 27, 2024

Efficient E-Solutions Berhad Announces Redesignation of Mr. Voong Kian Yee from Chairman of Audit Committee to Non Independent and Non Executive Member of Audit Committee

Efficient E-Solutions Berhad Announces Redesignation of Mr. Voong Kian Yee as Independent and Non Executive Director

Insufficient new directors

Insufficient new directors

Recent updates

Efficient E-Solutions Berhad's (KLSE:EFFICEN) Price Is Out Of Tune With Earnings

Second quarter 2024 earnings released: EPS: RM0.001 (vs RM0 in 2Q 2023)

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: RM0.004 (vs RM0 in 1Q 2023)

Efficient E-Solutions Berhad, Annual General Meeting, Jun 27, 2024

Efficient E-Solutions Berhad, Annual General Meeting, Jun 27, 2024

New minor risk - Shareholder dilution

Efficient E-Solutions Berhad has completed a Follow-on Equity Offering in the amount of MYR 9.129286 million.

Full year 2023 earnings released: RM0.001 loss per share (vs RM0.002 loss in FY 2022)

Third quarter 2023 earnings released: EPS: RM0 (vs RM0.001 loss in 3Q 2022)

Efficient E-Solutions Berhad Announces Redesignation of Mr. Voong Kian Yee from Chairman of Audit Committee to Non Independent and Non Executive Member of Audit Committee

Second quarter 2023 earnings released: EPS: RM0 (vs RM0.001 loss in 2Q 2022)

Efficient E-Solutions Berhad Announces Redesignation of Mr. Voong Kian Yee as Independent and Non Executive Director

First quarter 2023 earnings released: EPS: RM0 (vs RM0.002 loss in 1Q 2022)

Efficient E-Solutions Berhad (KLSE:EFFICEN) completed the acquisition of FCS International Sdn. Bhd. from Lim Choon Chai and Lim Kui Tze

Full year 2022 earnings released: RM0.002 loss per share (vs RM0.005 loss in FY 2021)

Here's Why We're Not Too Worried About Efficient E-Solutions Berhad's (KLSE:EFFICEN) Cash Burn Situation

Efficient E-Solutions Berhad (KLSE:EFFICEN) agreed to acquire additional 70% stake in Regalia Records Management Sdn Bhd from Spektrum Sejahtera Sdn. Bhd.

Third quarter 2022 earnings released

Insufficient new directors

Insufficient new directors

Insufficient new directors

Second quarter 2022 earnings released: RM0.001 loss per share (vs RM0.002 loss in 2Q 2021)

Companies Like Efficient E-Solutions Berhad (KLSE:EFFICEN) Can Afford To Invest In Growth

Efficient E-Solutions Berhad (KLSE:EFFICEN) entered into a non-binding letter of intent to acquire FCS International Sdn. Bhd. from Lim Choon Chai and Lim Kui Tze.

First quarter 2022 earnings released: RM0.002 loss per share (vs RM0.002 loss in 1Q 2021)

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

We Think Efficient E-Solutions Berhad (KLSE:EFFICEN) Can Afford To Drive Business Growth

We're Not Very Worried About Efficient E-Solutions Berhad's (KLSE:EFFICEN) Cash Burn Rate

First quarter 2021 earnings released: RM0.002 loss per share (vs RM0.001 loss in 1Q 2020)

Efficient E-Solutions Berhad (KLSE:EFFICEN) Is In A Strong Position To Grow Its Business

Full year 2020 earnings released: RM0.006 loss per share (vs RM0.012 loss in FY 2019)

New 90-day high: RM0.22

New 90-day high: RM0.21

We Think Efficient E-Solutions Berhad (KLSE:EFFICEN) Can Easily Afford To Drive Business Growth

Third quarter 2020 earnings released: RM0.002 loss per share

First half earnings released

New 90-day high - RM0.27

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age