Ralco Corporation Berhad Management

Management criteria checks 1/4

Ralco Berhad's CEO is Heng Tan, appointed in Aug 2011, has a tenure of 13.25 years. total yearly compensation is MYR1.46M, comprised of 82% salary and 18% bonuses, including company stock and options. directly owns 17.2% of the company’s shares, worth MYR6.33M. The average tenure of the management team and the board of directors is 1 years and 8.7 years respectively.

Key information

Heng Tan

Chief executive officer

RM 1.5m

Total compensation

CEO salary percentage	82.0%
CEO tenure	13.3yrs
CEO ownership	17.2%
Management average tenure	less than a year
Board average tenure	8.7yrs

Recent management updates

Recent updates

Investor Optimism Abounds Ralco Corporation Berhad (KLSE:RALCO) But Growth Is Lacking

Nov 14

Ralco Corporation Berhad (KLSE:RALCO) Is Experiencing Growth In Returns On Capital

Feb 18

Returns On Capital Are Showing Encouraging Signs At Ralco Corporation Berhad (KLSE:RALCO)

Sep 13

Here's What We Learned About The CEO Pay At Ralco Corporation Berhad (KLSE:RALCO)

Dec 10

CEO Compensation Analysis

How has Heng Tan's remuneration changed compared to Ralco Corporation Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-RM 5m
Jun 30 2024	n/a	n/a	-RM 3m
Mar 31 2024	n/a	n/a	-RM 3m
Dec 31 2023	RM 1m	RM 1m	-RM 3m
Sep 30 2023	n/a	n/a	-RM 3m
Jun 30 2023	n/a	n/a	-RM 2m
Mar 31 2023	n/a	n/a	-RM 557k
Dec 31 2022	RM 1m	RM 850k	-RM 1m
Sep 30 2022	n/a	n/a	-RM 47k
Jun 30 2022	n/a	n/a	-RM 861k
Mar 31 2022	n/a	n/a	-RM 202k
Dec 31 2021	RM 781k	RM 650k	RM 1m
Sep 30 2021	n/a	n/a	RM 2m
Jun 30 2021	n/a	n/a	RM 3m
Mar 31 2021	n/a	n/a	RM 1m
Dec 31 2020	RM 332k	RM 253k	RM 132k
Sep 30 2020	n/a	n/a	-RM 2m
Jun 30 2020	n/a	n/a	-RM 2m
Mar 31 2020	n/a	n/a	-RM 1m
Dec 31 2019	RM 320k	RM 240k	-RM 3m
Sep 30 2019	n/a	n/a	-RM 5m
Jun 30 2019	n/a	n/a	-RM 9m
Mar 31 2019	n/a	n/a	-RM 10m
Dec 31 2018	RM 339k	RM 242k	-RM 9m
Sep 30 2018	n/a	n/a	-RM 10m
Jun 30 2018	n/a	n/a	-RM 9m
Mar 31 2018	n/a	n/a	-RM 7m
Dec 31 2017	RM 298k	RM 240k	-RM 7m

Compensation vs Market: Heng's total compensation ($USD327.48K) is above average for companies of similar size in the MY market ($USD108.01K).

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

CEO

Heng Tan (56 yo)

13.3yrs

Tenure

RM 1,463,123

Compensation

Mr. Heng Ta Tan serves as the Managing Director of Ralco Corp. Bhd since August 1, 2011. Mr. Tan is a successful and industrious businessman. He has vast experience in trading and distributorship of consum...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heng Tan	MD & Executive Director	13.3yrs	RM 1.46m	17.2% MYR 6.3m
Kian Seet	Chief Operating Officer	less than a year	no data	no data
Bee Tan	Joint Secretary	less than a year	no data	no data
Tsae Qwik	Joint Secretary	less than a year	no data	no data

1.0yrs

Average Tenure

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

Board Members

Name	Position	Tenure	Compensation	Ownership
Heng Tan	MD & Executive Director	13.8yrs	RM 1.46m	17.2% MYR 6.3m
Chee Heng	Senior Independent Non-Executive Director	23.3yrs	RM 34.20k	no data
Yat Lim	Independent Non-Executive Director	less than a year	no data	no data
Doung Law	Non-Independent Non-Executive Director	13.7yrs	RM 34.20k	no data
Wai Lau	Independent & Non Executive Director	3.8yrs	RM 34.20k	no data
Kim Chong	Independent Non-Executive Chairman	3.8yrs	RM 34.20k	no data

8.7yrs

Average Tenure

53yo

Average Age

Experienced Board: RALCO's board of directors are considered experienced (8.7 years average tenure).

Ralco Corporation Berhad Management

Management criteria checks 1/4

Key information

Recent management updates

Ralco Corporation Berhad, Annual General Meeting, Jun 14, 2024

Ralco Corporation Berhad Announces Appointment of Mr. Damien Lim Yat Seng as Independent and Non Executive Director

Insufficient new directors

Ralco Corporation Berhad Announces Resignation of Lau Chai Yap as Chief Operating Officer

Ralco Corporation Berhad Announces the Resignation of Hor Siew Leong, as Principal Officer

Ralco Corporation Berhad Announces Appointment of Lau Chai Yap as Chief Operating Officer

Recent updates

Third quarter 2024 earnings released: RM0.046 loss per share (vs RM0.007 loss in 3Q 2023)

New major risk - Financial position

Second quarter 2024 earnings released: RM0.019 loss per share (vs RM0.027 loss in 2Q 2023)

New major risk - Financial position

First quarter 2024 earnings released: RM0.011 loss per share (vs RM0.007 loss in 1Q 2023)

Ralco Corporation Berhad, Annual General Meeting, Jun 14, 2024

Ralco Corporation Berhad Announces Appointment of Mr. Damien Lim Yat Seng as Independent and Non Executive Director

Insufficient new directors

Full year 2023 earnings released: RM0.061 loss per share (vs RM0.021 loss in FY 2022)

Ralco Corporation Berhad Announces Resignation of Lau Chai Yap as Chief Operating Officer

Ralco Corporation Berhad Announces the Resignation of Hor Siew Leong, as Principal Officer

Ralco Corporation Berhad Announces Appointment of Lau Chai Yap as Chief Operating Officer

Third quarter 2023 earnings released: RM0.007 loss per share (vs RM0.014 profit in 3Q 2022)

Ralco Corporation Berhad Announces the Resignation of Elizabeth Allison De Zilva as Joint Secretary

Investor Optimism Abounds Ralco Corporation Berhad (KLSE:RALCO) But Growth Is Lacking

Second quarter 2023 earnings released: RM0.027 loss per share (vs RM0.002 profit in 2Q 2022)

Ralco Corporation Berhad Appoints Tan Sern Siong as Chief Financial Officer

Ralco Corporation Berhad Announces Resignation of Tan Chuan Boon as Chief Financial Officer

First quarter 2023 earnings released: RM0.71 loss per share (vs RM0.018 loss in 1Q 2022)

Full year 2022 earnings released: RM0.021 loss per share (vs RM0.02 profit in FY 2021)

Ralco Corporation Berhad Announces Resignation of Mr. Khoo Yu Jin as Chief Operating Officer

Third quarter 2022 earnings released: EPS: RM0.014 (vs RM0.002 loss in 3Q 2021)

Ralco Corporation Berhad Announces Appointment of Tan Chuan Boon as Chief Financial Officer

Ralco Corporation Berhad Announces Resignation of Gan Kah Heong as Chief Financial Officer

Second quarter 2022 earnings released: EPS: RM0.002 (vs RM0.015 in 2Q 2021)

Ralco Corporation Berhad Appoints Khoo Yu Jin as Chief Operating Officer

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Ralco Corporation Berhad Announces Appointment of Teo Mee Hui as Joint Secretary

Ralco Corporation Berhad Announces Resignation of Chin Woon Sian @ Louis Chin as Joint Secretary

Investor sentiment improved over the past week

Ralco Corporation Berhad Resigns Miss Liang Siew Jiun as Executive Member of Risk Committee

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Ralco Corporation Berhad (KLSE:RALCO) Is Experiencing Growth In Returns On Capital

Investor sentiment improved over the past week

Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Returns On Capital Are Showing Encouraging Signs At Ralco Corporation Berhad (KLSE:RALCO)

Second quarter 2021 earnings released: EPS RM0.015 (vs RM0.029 loss in 2Q 2020)

Investor sentiment improved over the past week

Calculating The Fair Value Of Ralco Corporation Berhad (KLSE:RALCO)

First quarter 2021 earnings released: EPS RM0.006 (vs RM0.018 loss in 1Q 2020)

Here's Why Ralco Corporation Berhad (KLSE:RALCO) Has A Meaningful Debt Burden

Be Wary Of Ralco Corporation Berhad (KLSE:RALCO) And Its Returns On Capital

Full year 2020 earnings released: EPS RM0.003 (vs RM0.058 loss in FY 2019)

New 90-day high: RM1.21

New 90-day high: RM0.70

Here's What We Learned About The CEO Pay At Ralco Corporation Berhad (KLSE:RALCO)

Third quarter 2020 earnings released: EPS RM0.034

Ralco Corporation Berhad Announces Resignation of Gan Eng Wee as Chief Financial Officer

Ralco Corporation Berhad Appoints Liang Siew Jiun as Executive Member of Risk Committee

First half earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age