BTM Resources Berhad Management

Management criteria checks 0/4

BTM Resources Berhad's CEO is Tu Yong, appointed in Dec 1995, has a tenure of 28.75 years. total yearly compensation is MYR1.37M, comprised of 17.6% salary and 82.4% bonuses, including company stock and options. directly owns 15.42% of the company’s shares, worth MYR10.66M. The average tenure of the management team and the board of directors is 1 years and 0.6 years respectively.

Key information

Tu Yong

Chief executive officer

RM 1.4m

Total compensation

CEO salary percentage	17.6%
CEO tenure	28.8yrs
CEO ownership	15.4%
Management average tenure	less than a year
Board average tenure	less than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tu Yong's remuneration changed compared to BTM Resources Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-RM 7m
Mar 31 2024	n/a	n/a	-RM 6m
Dec 31 2023	RM 1m	RM 240k	-RM 20m
Sep 30 2023	n/a	n/a	-RM 21m
Jun 30 2023	n/a	n/a	-RM 21m
Mar 31 2023	n/a	n/a	-RM 21m
Dec 31 2022	RM 332k	RM 332k	-RM 8m
Sep 30 2022	n/a	n/a	-RM 5m
Jun 30 2022	n/a	n/a	-RM 6m
Mar 31 2022	n/a	n/a	-RM 6m
Dec 31 2021	RM 332k	RM 332k	-RM 6m
Sep 30 2021	n/a	n/a	-RM 6m
Jun 30 2021	n/a	n/a	-RM 4m
Mar 31 2021	n/a	n/a	-RM 4m
Dec 31 2020	RM 344k	RM 344k	-RM 4m
Sep 30 2020	n/a	n/a	-RM 4m
Jun 30 2020	n/a	n/a	-RM 7m
Mar 31 2020	n/a	n/a	-RM 7m
Dec 31 2019	RM 380k	RM 240k	-RM 6m
Sep 30 2019	n/a	n/a	-RM 7m
Jun 30 2019	n/a	n/a	-RM 5m
Mar 31 2019	n/a	n/a	-RM 4m
Dec 31 2018	RM 393k	RM 240k	-RM 3m
Sep 30 2018	n/a	n/a	-RM 2m
Jun 30 2018	n/a	n/a	-RM 2m
Mar 31 2018	n/a	n/a	-RM 1m
Dec 31 2017	RM 393k	RM 240k	-RM 821k

Compensation vs Market: Tu's total compensation ($USD330.98K) is above average for companies of similar size in the MY market ($USD113.93K).

Compensation vs Earnings: Tu's compensation has increased whilst the company is unprofitable.

CEO

Tu Yong (78 yo)

28.8yrs

Tenure

RM 1,365,278

Compensation

Mr. Tu Sang Yong serves as the Managing Director of BTM Resources Berhad since December 27, 1995. Mr. Yong is a Timber Merchant and Businessman. He has experience in trading of Timber.His involvement in b...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tu Yong	MD & Executive Director	28.8yrs	RM 1.37m	15.42% MYR 10.7m
Boon Tan	Executive Director	1.2yrs	RM 109.26k	0.66% MYR 458.7k
Kar Mun Chen	Accountant	less than a year	no data	0.62% MYR 431.6k
Wai Yap	Executive Director	less than a year	no data	no data
Xin Goh	Joint Secretary	less than a year	no data	no data
Sally Ng	Joint Secretary	less than a year	no data	no data

1.0yrs

Average Tenure

58.5yo

Average Age

Experienced Management: BTM's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Tu Yong	MD & Executive Director	28.8yrs	RM 1.37m	15.42% MYR 10.7m
Boon Tan	Executive Director	1.2yrs	RM 109.26k	0.66% MYR 458.7k
Wai Yap	Executive Director	less than a year	no data	no data
Siow Goh	Independent & Non-Executive Director	1.1yrs	RM 24.15k	no data
Chi-May Cheong	Independent Non-Executive Director	no data	no data	no data
Yoon Lee	Independent Non Executive Director	less than a year	no data	no data

0.6yrs

Average Tenure

51.5yo

Average Age

Experienced Board: BTM's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.

BTM Resources Berhad Management

Management criteria checks 0/4

Key information

Recent management updates

BTM Resources Berhad Announces Appointment of Jasmine Cheong Chi-May as Independent and Non Executive Member of Nomination and Remuneration Committee

BTM Resources Berhad Appoints Lee Yoon Seong as the Member of Long-Term Incentive Plan (LTIP) Committee

BTM Resources Berhad Announces Resignation of Miss Ooi Gin Hui as Chief Financial Officer

Less than half of directors are independent

Btm Resources Berhad Announces the Resignation of Mr. Leou Thiam Lai as Independent and Non Executive Member of Nomination and Remuneration Committee

BTM Resources Berhad, Annual General Meeting, Jun 28, 2024

Recent updates

New major risk - Share price stability

BTM Resources Berhad Announces Appointment of Jasmine Cheong Chi-May as Independent and Non Executive Member of Nomination and Remuneration Committee

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

BTM Resources Berhad Appoints Lee Yoon Seong as the Member of Long-Term Incentive Plan (LTIP) Committee

BTM Resources Berhad Announces Resignation of Miss Ooi Gin Hui as Chief Financial Officer

Less than half of directors are independent

Btm Resources Berhad Announces the Resignation of Mr. Leou Thiam Lai as Independent and Non Executive Member of Nomination and Remuneration Committee

First quarter 2024 earnings released: RM0.001 loss per share (vs RM0.015 loss in 1Q 2023)

BTM Resources Berhad, Annual General Meeting, Jun 28, 2024

New major risk - Financial position

Full year 2023 earnings released: RM0.017 loss per share (vs RM0.045 loss in FY 2022)

New major risk - Share price stability

BTM Resources Berhad Announces Changes to LTIP Committee

Third quarter 2023 earnings released: RM0.002 loss per share (vs RM0.01 loss in 3Q 2022)

BTM Resources Berhad Announces the Resignation of Chong Seok Tian as Joint Secretary

Btm Resources Berhad Appoints Ooi Gin Hui as CFO, Effective September 1, 2023

High number of new directors

BTM Resources Berhad Appoints MISS GOH SIOW CHENG Independent and Non Executive Chairman of Risk Committee

BTM Resources Berhad Appoints Mr. Leou Thiam Lai as Non Executive and Director

BTS Resources Berhad Appoints Mr. Loo Eng Hua as Independent and Non Executive Independent Director

Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.004 loss in 2Q 2022)

BTM Resources Berhad Announces the Resignation of Mr. Yong Hin Siong as Executive Director

BTM Resources Berhad Appoints Tan Boon Pock as Executive Director

First quarter 2023 earnings released: RM0.015 loss per share (vs RM0.011 loss in 1Q 2022)

BTM Resources Berhad Announces Redesignation of Datuk Mohamed Iqbal Bin M.M. Mohamed Ganey from Chairman to Non Independent and Non Executive Director

Full year 2022 earnings released: RM0.045 loss per share (vs RM0.037 loss in FY 2021)

Third quarter 2022 earnings released: RM0.01 loss per share (vs RM0.011 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: RM0.004 loss per share (vs RM0.009 loss in 2Q 2021)

First quarter 2022 earnings released: RM0.011 loss per share (vs RM0.01 loss in 1Q 2021)

Less than half of directors are independent

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

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

Second quarter 2021 earnings released: RM0.009 loss per share (vs RM0.012 loss in 2Q 2020)

BTM Resources Berhad has completed a Follow-on Equity Offering in the amount of MYR 2.8297 million.

First quarter 2021 earnings released: RM0.01 loss per share (vs RM0.014 loss in 1Q 2020)

Full year 2020 earnings released: RM0.029 loss per share (vs RM0.046 loss in FY 2019)

Third quarter 2020 earnings released: EPS RM0.004

New 90-day high: RM0.23

First half earnings released

New 90-day high - RM0.22

New 90-day high - RM0.20

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age