ASTEEL Group Berhad Management

Management criteria checks 3/4

ASTEEL Group Berhad's CEO is Victor Hii, appointed in Apr 2017, has a tenure of 18.17 years. total yearly compensation is MYR1.10M, comprised of 63.2% salary and 36.8% bonuses, including company stock and options. directly owns 2.78% of the company’s shares, worth MYR1.21M. The average tenure of the management team and the board of directors is 6.3 years and 8.5 years respectively.

Key information

Victor Hii

Chief executive officer

RM1.1m

Total compensation

CEO salary percentage	63.2%
CEO tenure	7yrs
CEO ownership	2.8%
Management average tenure	6.3yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

Health Check: How Prudently Does ASTEEL Group Berhad (KLSE:ASTEEL) Use Debt?

Mar 05

Investors Could Be Concerned With ASTEEL Group Berhad's (KLSE:ASTEEL) Returns On Capital

Dec 28

Investors Will Want YKGI Holdings Berhad's (KLSE:YKGI) Growth In ROCE To Persist

Sep 21

YKGI Holdings Berhad's (KLSE:YKGI) Solid Profits Have Weak Fundamentals

Aug 12

We Think Some Shareholders May Hesitate To Increase YKGI Holdings Berhad's (KLSE:YKGI) CEO Compensation

Jun 16

Here's What To Make Of YKGI Holdings Berhad's (KLSE:YKGI) Decelerating Rates Of Return

Jun 15

These 4 Measures Indicate That YKGI Holdings Berhad (KLSE:YKGI) Is Using Debt In A Risky Way

Apr 20

Can YKGI Holdings Berhad (KLSE:YKGI) Continue To Grow Its Returns On Capital?

Mar 03

How Much Is YKGI Holdings Berhad (KLSE:YKGI) Paying Its CEO?

Dec 30

CEO Compensation Analysis

How has Victor Hii's remuneration changed compared to ASTEEL Group Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-RM7m
Sep 30 2023	n/a	n/a	-RM6m
Jun 30 2023	n/a	n/a	-RM7m
Mar 31 2023	n/a	n/a	-RM5m
Dec 31 2022	RM1m	RM697k	-RM6m
Sep 30 2022	n/a	n/a	-RM2m
Jun 30 2022	n/a	n/a	RM4m
Mar 31 2022	n/a	n/a	RM4m
Dec 31 2021	RM1m	RM602k	RM6m
Sep 30 2021	n/a	n/a	RM162k
Jun 30 2021	n/a	n/a	RM823k
Mar 31 2021	n/a	n/a	-RM3m
Dec 31 2020	RM919k	RM580k	-RM6m
Sep 30 2020	n/a	n/a	-RM28k
Jun 30 2020	n/a	n/a	-RM2m
Mar 31 2020	n/a	n/a	RM2m
Dec 31 2019	RM1m	RM586k	RM4m
Sep 30 2019	n/a	n/a	RM3m
Jun 30 2019	n/a	n/a	RM4m
Mar 31 2019	n/a	n/a	RM3m
Dec 31 2018	RM1m	RM604k	RM3m
Sep 30 2018	n/a	n/a	RM15m
Jun 30 2018	n/a	n/a	RM11m
Mar 31 2018	n/a	n/a	RM5m
Dec 31 2017	RM1m	RM604k	RM5m

Compensation vs Market: Victor's total compensation ($USD231.07K) is above average for companies of similar size in the MY market ($USD104.63K).

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

CEO

Victor Hii (48 yo)

7yrs

Tenure

RM1,102,706

Compensation

Mr. Lu Thian Hii, also known as Victor, had been Managing Director of ASTEEL Group Berhad (formerly known as YKGI Holdings Berhad) Since April 05, 2017 until November 7, 2022 and since November 7, 2022 ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Lu Hii	Group MD & Executive Director	7yrs	RM1.10m	2.78% MYR 1.2m
Thian Soh	Executive Deputy Chairman	12.1yrs	RM1.11m	2.67% MYR 1.2m
Chiew Aw	Group Director of Finance	1.2yrs	no data	no data
Ee Hii	Joint Company Secretary & Resource Director	no data	RM12.00k	0.64% MYR 280.7k
Jan Moi Voon	Joint Secretary	6.3yrs	no data	no data

6.3yrs

Average Tenure

57yo

Average Age

Experienced Management: ASTEEL's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Lu Hii	Group MD & Executive Director	18.2yrs	RM1.10m	2.78% MYR 1.2m
Thian Soh	Executive Deputy Chairman	12.1yrs	RM1.11m	2.67% MYR 1.2m
Jee Min Liew	Independent Non-Executive Chairman	11.2yrs	RM69.50k	no data
Ying Yan	Independent Non-Executive Director	6.8yrs	RM65.50k	no data
Yoo Fong	Senior Independent Non-Executive Director	11.3yrs	RM70.00k	0.021% MYR 9.0k
Lu Hii	Non-Independent & Non-Executive Director	10.3yrs	RM34.00k	no data
Hun Nee Khor	Independent Non-Executive Director	1.2yrs	no data	no data
Siew Si Wong	Independent & Non Executive Director	1.2yrs	no data	no data
Josephine Dom	Independent Non-Executive Director	1.2yrs	no data	no data
Satoru Kojima	Alternate Director	less than a year	no data	no data

8.5yrs

Average Tenure

59yo

Average Age

Experienced Board: ASTEEL's board of directors are considered experienced (8.5 years average tenure).

ASTEEL Group Berhad Management

Management criteria checks 3/4

Key information

Recent management updates

ASTEEL Group Berhad, Annual General Meeting, Jun 26, 2024

ASTEEL Group Berhad Announces Retirement of Mr. Liew Jee Min @ Chong Jee Min as Independent and Non Executive Chairman of Remuneration Committee

ASTEEL Group Berhad Announces Appointment of Datin Josephine Anak Hilary Dom @ Josephine John as Independent and Non Executive Chairman of Remuneration Committee, Effective January 1, 2024

YKGI Holdings Berhad Announces the Appointment of Satoru Kojima as Non Independent and Non Executive Alternate Director

YKGI Holdings Berhad Announces Resignation of Toshihiro Tachibana as Non Independent and Non Executive Non Executive Director

High number of new directors

Recent updates

ASTEEL Group Berhad, Annual General Meeting, Jun 26, 2024

Health Check: How Prudently Does ASTEEL Group Berhad (KLSE:ASTEEL) Use Debt?

Full year 2023 earnings released: RM0.014 loss per share (vs RM0.013 loss in FY 2022)

Investors Could Be Concerned With ASTEEL Group Berhad's (KLSE:ASTEEL) Returns On Capital

ASTEEL Group Berhad Announces Retirement of Mr. Liew Jee Min @ Chong Jee Min as Independent and Non Executive Chairman of Remuneration Committee

ASTEEL Group Berhad Announces Appointment of Datin Josephine Anak Hilary Dom @ Josephine John as Independent and Non Executive Chairman of Remuneration Committee, Effective January 1, 2024

Does ASTEEL Group Berhad (KLSE:ASTEEL) Have A Healthy Balance Sheet?

Third quarter 2023 earnings released: RM0.006 loss per share (vs RM0.01 loss in 3Q 2022)

Does ASTEEL Group Berhad (KLSE:ASTEEL) Have A Healthy Balance Sheet?

Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.003 profit in 2Q 2022)

New minor risk - Share price stability

YKGI Holdings Berhad Announces the Appointment of Satoru Kojima as Non Independent and Non Executive Alternate Director

YKGI Holdings Berhad Announces Resignation of Toshihiro Tachibana as Non Independent and Non Executive Non Executive Director

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

Is YKGI Holdings Berhad (KLSE:YKGI) Using Too Much Debt?

Full year 2022 earnings released: RM0.013 loss per share (vs RM0.015 profit in FY 2021)

High number of new directors

YKGI Holdings Berhad has completed a Follow-on Equity Offering in the amount of MYR 3.3672 million.

YKGI Holdings Berhad Announces Redesignation of Dato' Sri Victor Hii Lu Thian as Group Managing Director

Third quarter 2022 earnings released: RM0.01 loss per share (vs RM0.004 profit in 3Q 2021)

Is YKGI Holdings Berhad (KLSE:YKGI) Using Too Much Debt?

Second quarter 2022 earnings released: EPS: RM0.003 (vs RM0.005 in 2Q 2021)

YKGI Holdings Berhad Announces Resignation of Tan Ching Pding as Chief Financial Officer, Effective November 04, 2022

First quarter 2022 earnings released: RM0.002 loss per share (vs RM0.004 profit in 1Q 2021)

YKGI Holdings Berhad, Annual General Meeting, Jun 24, 2022

Is YKGI Holdings Berhad (KLSE:YKGI) A Risky Investment?

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

Third quarter 2021 earnings released: EPS RM0.004 (vs RM0.007 in 3Q 2020)

Investors Will Want YKGI Holdings Berhad's (KLSE:YKGI) Growth In ROCE To Persist

Director Jee Liew has joined 5th company board

YKGI Holdings Berhad's (KLSE:YKGI) Solid Profits Have Weak Fundamentals

Second quarter 2021 earnings released: EPS RM0.005 (vs RM0.006 loss in 2Q 2020)

We Think Some Shareholders May Hesitate To Increase YKGI Holdings Berhad's (KLSE:YKGI) CEO Compensation

Here's What To Make Of YKGI Holdings Berhad's (KLSE:YKGI) Decelerating Rates Of Return

First quarter 2021 earnings released: EPS RM0.004 (vs RM0.003 loss in 1Q 2020)

These 4 Measures Indicate That YKGI Holdings Berhad (KLSE:YKGI) Is Using Debt In A Risky Way

Can YKGI Holdings Berhad (KLSE:YKGI) Continue To Grow Its Returns On Capital?

Full year 2020 earnings released: RM0.005 loss per share (vs RM0.01 profit in FY 2019)

New 90-day high: RM0.26

How Much Is YKGI Holdings Berhad (KLSE:YKGI) Paying Its CEO?

New 90-day high: RM0.23

New 90-day high: RM0.20

Third quarter 2020 earnings released: EPS RM0.007

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age