99 Speed Mart Retail Holdings Berhad

KLSE:99SMART Stock Report

Market Cap: RM 19.1b

99 Speed Mart Retail Holdings Berhad Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Thiam Lee

Chief executive officer

RM 1.1m

Total compensation

CEO salary percentage80.9%
CEO tenure2yrs
CEO ownership28.2%
Management average tenure2yrs
Board average tenure1.5yrs

Recent management updates

Recent updates

99 Speed Mart Retail Holdings Berhad's (KLSE:99SMART) Price In Tune With Earnings

Mar 31
99 Speed Mart Retail Holdings Berhad's (KLSE:99SMART) Price In Tune With Earnings

99 Speed Mart Retail Holdings Berhad's (KLSE:99SMART) Promising Earnings May Rest On Soft Foundations

Mar 03
99 Speed Mart Retail Holdings Berhad's (KLSE:99SMART) Promising Earnings May Rest On Soft Foundations

99 Speed Mart Retail Holdings Berhad Just Missed EPS By 6.6%: Here's What Analysts Think Will Happen Next

Feb 26
99 Speed Mart Retail Holdings Berhad Just Missed EPS By 6.6%: Here's What Analysts Think Will Happen Next

Estimating The Fair Value Of 99 Speed Mart Retail Holdings Berhad (KLSE:99SMART)

Feb 18
Estimating The Fair Value Of 99 Speed Mart Retail Holdings Berhad (KLSE:99SMART)

CEO Compensation Analysis

How has Thiam Lee's remuneration changed compared to 99 Speed Mart Retail Holdings Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024RM 1mRM 874k

RM 490m

Sep 30 2024n/an/a

RM 472m

Jun 30 2024n/an/a

RM 476m

Mar 31 2024n/an/a

RM 438m

Dec 31 2023RM 2mn/a

RM 400m

Compensation vs Market: Thiam's total compensation ($USD253.56K) is below average for companies of similar size in the MY market ($USD708.19K).

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


CEO

Thiam Lee (59 yo)

2yrs

Tenure

RM 1,080,000

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 & CEO2yrsRM 1.08m28.18%
MYR 5.4b
Lay Lee
Executive Director1.5yrsRM 255.00k0.0060%
MYR 1.1m
Yee Ong
Chief Financial Officer2yrsno datano data
Eng Yong
Chief Operating Officer2.3yrsno datano data
Pooi Mak
General Manager of Account2.3yrsno datano data
June Tan
Senior Manager of Administrationno datano datano data
Pei Lee
Head of Human Resourcesno datano datano data
Hwei Tia
Company Secretaryno datano datano data
Yit Tai
Company Secretaryno datano datano data
Yong Cherng Chia
Director of Logisticsno datano datano data

2.0yrs

Average Tenure

43.5yo

Average Age

Experienced Management: 99SMART's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thiam Lee
Executive Director & CEO2yrsRM 1.08m28.18%
MYR 5.4b
Lay Lee
Executive Director1.5yrsRM 255.00k0.0060%
MYR 1.1m
Tia Chua
Non-Independent Non-Executive Chairman1.5yrsRM 172.00k0.0060%
MYR 1.1m
Serina Abdul Samad
Independent Non-Executive Director1.3yrsRM 100.00kno data
Tat Ho
Senior Independent Non-Executive Director1.3yrsRM 109.00k0.0024%
MYR 453.8k
Lee Ng
Non-Independent Non-Executive Director1.9yrsRM 130.00k3.32%
MYR 633.1m
Nirmalah V. Thurai
Independent Non-Executive Director1.3yrsRM 100.00k0.0024%
MYR 453.8k
Abdul Abu Seman
Independent Non-Executive Director1.3yrsRM 100.00kno data
Yan Lee
Alternate Director1.5yrsRM 169.00k0.0060%
MYR 1.1m
Sau Leong
Director of Business Development1.5yrsRM 255.00k0.0087%
MYR 1.7m
Seng Ting
Independent Non-Executive Director1.2yrsRM 83.00k0.0024%
MYR 453.8k

1.5yrs

Average Tenure

54yo

Average Age

Experienced Board: 99SMART's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/02 05:23
End of Day Share Price 2025/05/02 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

99 Speed Mart Retail Holdings Berhad is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng Wei LewCGS International
Huan Wen GanCitigroup Inc
Syifaa’ Mahsuri IsmailHong Leong Investment Bank Berhad