IGB Berhad

KLSE:IGBB Stock Report

Market Cap: RM 3.5b

IGB Berhad Management

Management criteria checks 2/4

IGB Berhad's CEO is Boon Lee Tan, appointed in Jan 2023, has a tenure of 1.92 years. total yearly compensation is MYR3.46M, comprised of 99.3% salary and 0.7% bonuses, including company stock and options. directly owns 3.16% of the company’s shares, worth MYR111.67M. The average tenure of the management team and the board of directors is 4.9 years and 5.3 years respectively.

Key information

Boon Lee Tan

Chief executive officer

RM 3.5m

Total compensation

CEO salary percentage99.3%
CEO tenure1.9yrs
CEO ownership3.2%
Management average tenure4.9yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

IGB Berhad (KLSE:IGBB) Is Increasing Its Dividend To MYR0.12

Dec 02
IGB Berhad (KLSE:IGBB) Is Increasing Its Dividend To MYR0.12

Reflecting on IGB Berhad's (KLSE:IGBB) Share Price Returns Over The Last Year

Jan 24
Reflecting on IGB Berhad's (KLSE:IGBB) Share Price Returns Over The Last Year

CEO Compensation Analysis

How has Boon Lee Tan's remuneration changed compared to IGB Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

RM 420m

Jun 30 2024n/an/a

RM 404m

Mar 31 2024n/an/a

RM 441m

Dec 31 2023RM 3mRM 3m

RM 312m

Sep 30 2023n/an/a

RM 245m

Jun 30 2023n/an/a

RM 235m

Mar 31 2023n/an/a

RM 172m

Dec 31 2022RM 2mRM 2m

RM 159m

Sep 30 2022n/an/a

RM 374m

Jun 30 2022n/an/a

RM 268m

Mar 31 2022n/an/a

RM 213m

Dec 31 2021RM 3mRM 3m

RM 162m

Sep 30 2021n/an/a

-RM 82m

Jun 30 2021n/an/a

-RM 7m

Mar 31 2021n/an/a

-RM 16m

Dec 31 2020n/an/a

RM 9m

Sep 30 2020n/an/a

RM 80m

Jun 30 2020n/an/a

RM 129m

Mar 31 2020n/an/a

RM 177m

Dec 31 2019RM 3mRM 3m

RM 209m

Sep 30 2019n/an/a

RM 241m

Jun 30 2019n/an/a

RM 243m

Mar 31 2019n/an/a

RM 251m

Dec 31 2018RM 8kn/a

RM 236m

Compensation vs Market: Boon Lee's total compensation ($USD773.95K) is above average for companies of similar size in the MY market ($USD449.32K).

Compensation vs Earnings: Boon Lee's compensation has increased by more than 20% in the past year.

CEO

Boon Lee Tan (60 yo)

1.9yrs

Tenure

RM 3,461,082

Compensation

Mr. Boon Lee Tan is Group Chief Executive Director of IGB Berhad from January 1, 2023. He was Non-Independent and Non-Executive Director of IGB REIT Management Sdn Bhd at IGB Real Estate Investment Trust u...

Leadership Team

NamePositionTenureCompensationOwnership
Boon Lee Tan
Group CEO & Executive Director1.9yrsRM 3.46m3.16%
MYR 111.7m
Mei Sian Tan
Deputy CEOno dataRM 832.42k0.10%
MYR 3.6m
Yeng Chow
Group Chief Financial Officerless than a yearno datano data
Khim Chon Wong
Deputy Chief Executive Officer of IGB REIT Management3.5yrsno datano data
Lai Yin Chan
Group Company Secretary6.5yrsno datano data
Antony Barragry
Chief Executive Officer of IGB REIT Management Sdn Bhd12.3yrsno datano data
Yee Seng Tan
Chief Executive Officer of Tan & Tan Developments Berhad5.9yrsno datano data
Hooi Guan Loo
Chief Executive Officer of Cititel Hotel Management Sdn Bhd4.9yrsno datano data

4.9yrs

Average Tenure

60yo

Average Age

Experienced Management: IGBB's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Boon Lee Tan
Group CEO & Executive Director2.3yrsRM 3.46m3.16%
MYR 111.7m
Mei Sian Tan
Deputy CEO4yrsRM 832.42k0.10%
MYR 3.6m
Lei Cheng Tan
Non-Executive Non-Independent Chairman24.3yrsRM 293.14k1.94%
MYR 68.6m
Chung Tan
Non-Independent Non-Executive Director10yrsRM 16.90m0.60%
MYR 21.1m
Hui Tan
Alternate Director2.3yrsno data0.0034%
MYR 121.9k
Kok Lee
Independent Non-Executive Director2.8yrsRM 158.50kno data
Chaing Huat Lee
Senior Independent Non-Executive Director10yrsRM 172.98kno data
Zaha Binti Zahari
Independent Non Executive Director6.5yrsRM 158.48kno data

5.3yrs

Average Tenure

61yo

Average Age

Experienced Board: IGBB's board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 05:25
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

IGB Berhad is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sharizan RoselyCGS International
He QuahDBS Vickers Research
Siang TanPublic Investment Bank Berhad