99 Speed Mart Retail Holdings Berhad

KLSE:99SMART Stock Report

Market Cap: RM 19.9b

99 Speed Mart Retail Holdings Berhad Management

Management criteria checks 1/4

99 Speed Mart Retail Holdings Berhad's CEO is Thiam Lee, appointed in May 2023, has a tenure of 1.42 years. directly owns 28.18% of the company’s shares, worth MYR5.61B. The average tenure of the management team and the board of directors is 1.4 years and 0.9 years respectively.

Key information

Thiam Lee

Chief executive officer

RM 1.7m

Total compensation

CEO salary percentagen/a
CEO tenure1.4yrs
CEO ownership28.2%
Management average tenure1.4yrs
Board average tenureless than a year

Recent management updates

Recent updates


CEO

Thiam Lee (59 yo)

1.4yrs

Tenure

RM 1,668,000

Compensation

Mr. Thiam Wah Lee is Executive Director & Chief Executive Officer of 99 Speed Mart Retail Holdings Berhad from May 15, 2023. He opened his first mini-market, “Pasar Raya Hiap Hoe” in 1987 as a sole proprie...


Leadership Team

NamePositionTenureCompensationOwnership
Thiam Lee
Executive Director & CEO1.4yrsRM 1.67m28.18%
MYR 5.6b
Lay Lee
Executive Directorless than a yearRM 300.00k0.0060%
MYR 1.2m
Yee Ong
Chief Financial Officer1.4yrsno datano data
Eng Yong
Chief Operating Officer1.8yrsno datano data
Pooi Mak
General Manager of Account1.8yrsno datano data
June Tan
Senior Manager of Administrationno datano datano data
Pei Lee
Head of Human Resourcesno datano datano data
Hwei Tia
Joint Secretaryno datano datano data
Yit Tai
Joint Secretaryno datano datano data
Yong Cherng Chia
Director of Logisticsno datano datano data

1.4yrs

Average Tenure

44yo

Average Age

Experienced Management: 99SMART's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Thiam Lee
Executive Director & CEO1.4yrsRM 1.67m28.18%
MYR 5.6b
Lay Lee
Executive Directorless than a yearRM 300.00k0.0060%
MYR 1.2m
Tia Chua
Non-Independent Non-Executive Chairmanless than a yearRM 13.00k0.0060%
MYR 1.2m
Serina Abdul Samad
Independent Non-Executive Directorless than a yearno datano data
Tat Ho
Senior Independent Non-Executive Directorless than a yearno data0.0024%
MYR 473.8k
Lee Ng
Non-Independent Non-Executive Director1.3yrsRM 468.00k3.32%
MYR 660.9m
Nirmalah V. Thurai
Independent Non-Executive Directorless than a yearno data0.0024%
MYR 473.8k
Abdul Abu Seman
Independent Non-Executive Directorless than a yearno datano data
Yan Lee
Alternate Directorless than a yearRM 118.00k0.0060%
MYR 1.2m
Sau Leong
Director of Business Developmentless than a yearRM 298.00k0.0087%
MYR 1.7m
Seng Ting
Independent Non-Executive Directorless than a yearno data0.0024%
MYR 473.8k

0.9yrs

Average Tenure

54yo

Average Age

Experienced Board: 99SMART's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.