Glomac Berhad Management

Management criteria checks 4/4

Glomac Berhad's CEO is FD Iskandar Bin Mohamed Mansor, appointed in Mar 2009, has a tenure of 15.17 years. total yearly compensation is MYR99.50K, comprised of 47.5% salary and 52.5% bonuses, including company stock and options. directly owns 19.14% of the company’s shares, worth MYR59.51M. The average tenure of the management team and the board of directors is 5.7 years and 17 years respectively.

Key information

FD Iskandar Bin Mohamed Mansor

Chief executive officer

RM99.5k

Total compensation

CEO salary percentage	47.5%
CEO tenure	15.2yrs
CEO ownership	19.1%
Management average tenure	5.7yrs
Board average tenure	17yrs

Recent management updates

Recent updates

There May Be Some Bright Spots In Glomac Berhad's (KLSE:GLOMAC) Earnings

Apr 02

Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125

Dec 12

Time To Worry? Analysts Are Downgrading Their Glomac Berhad (KLSE:GLOMAC) Outlook

Dec 03

Bullish: Analysts Just Made A Significant Upgrade To Their Glomac Berhad (KLSE:GLOMAC) Forecasts

Jun 26

Glomac Berhad (KLSE:GLOMAC) Has Announced That It Will Be Increasing Its Dividend To MYR0.015

Oct 20

Glomac Berhad (KLSE:GLOMAC) Is Increasing Its Dividend To MYR0.015

Sep 02

Glomac Berhad (KLSE:GLOMAC) Will Pay A Larger Dividend Than Last Year At MYR0.015

Aug 19

Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet

May 25

Is Glomac Berhad (KLSE:GLOMAC) Using Too Much Debt?

Feb 24

Glomac Berhad (KLSE:GLOMAC) Share Prices Have Dropped 59% In The Last Five Years

Jan 17

Does Glomac Berhad's (KLSE:GLOMAC) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 22

Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet

Nov 26

CEO Compensation Analysis

How has FD Iskandar Bin Mohamed Mansor's remuneration changed compared to Glomac Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	n/a	n/a	RM22m
Oct 31 2023	n/a	n/a	RM19m
Jul 31 2023	n/a	n/a	RM30m
Apr 30 2023	RM100k	RM47k	RM32m
Jan 31 2023	n/a	n/a	RM34m
Oct 31 2022	n/a	n/a	RM42m
Jul 31 2022	n/a	n/a	RM41m
Apr 30 2022	RM92k	RM45k	RM38m
Jan 31 2022	n/a	n/a	RM26m
Oct 31 2021	n/a	n/a	RM30m
Jul 31 2021	n/a	n/a	RM27m
Apr 30 2021	RM93k	RM45k	RM28m
Jan 31 2021	n/a	n/a	RM14m
Oct 31 2020	n/a	n/a	RM14m
Jul 31 2020	n/a	n/a	RM12m
Apr 30 2020	RM102k	RM54k	RM13m
Jan 31 2020	n/a	n/a	RM32m
Oct 31 2019	n/a	n/a	RM22m
Jul 31 2019	n/a	n/a	RM17m
Apr 30 2019	RM2m	RM1m	RM15m
Jan 31 2019	n/a	n/a	RM27m
Oct 31 2018	n/a	n/a	RM31m
Jul 31 2018	n/a	n/a	RM31m
Apr 30 2018	RM2m	RM1m	RM31m

Compensation vs Market: FD Iskandar's total compensation ($USD20.93K) is below average for companies of similar size in the MY market ($USD104.30K).

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

CEO

FD Iskandar Bin Mohamed Mansor (55 yo)

15.2yrs

Tenure

RM99,500

Compensation

Mr. Fateh Iskandar Bin Mohamed Mansor, also known as FD Iskandar, is the Chairman of VADS Berhad from May 2017. Mr. Bin Mohamed Mansor is one of Malaysia’s most influential and well-respected figures. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mohamed Bin Fateh Din	Group Executive Chairman	38.1yrs	RM92.40k	21.01% MYR 65.3m
Fateh Bin Mohamed Mansor	Group MD	15.2yrs	RM99.50k	19.14% MYR 59.5m
Loong Fong	Group Executive Vice-Chairman	36.1yrs	RM85.10k	17.05% MYR 53.0m
Zulkifly Garib	Chief Operating Officer - Operations	4.6yrs	no data	no data
Adhlen Zulkifly	Head of Investor Relations	no data	no data	no data
Siew Chua	Joint Company Secretary	6.2yrs	no data	no data
Mun Chin	Joint Company Secretary	5.3yrs	no data	no data

5.7yrs

Average Tenure

65yo

Average Age

Experienced Management: GLOMAC's management team is seasoned and experienced (5.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mohamed Bin Fateh Din	Group Executive Chairman	38.1yrs	RM92.40k	21.01% MYR 65.3m
Fateh Bin Mohamed Mansor	Group MD	27.3yrs	RM99.50k	19.14% MYR 59.5m
Loong Fong	Group Executive Vice-Chairman	36.1yrs	RM85.10k	17.05% MYR 53.0m
Shan Choo	Independent Non-Executive Director	6.8yrs	RM83.30k	no data
Fara binti Mohamed Mansor	Alternate Director	no data	no data	0.50% MYR 1.5m
Mohd Bin Abdul Wahid	Independent & Non Executive Director	less than a year	no data	no data
Mohd Bin Mohamed	Independent & Non Executive Director	2yrs	RM72.70k	no data
Kah Fong	Alternate Director	no data	no data	no data

17.0yrs

Average Tenure

61yo

Average Age

Experienced Board: GLOMAC's board of directors are seasoned and experienced ( 17 years average tenure).

Glomac Berhad Management

Management criteria checks 4/4

Key information

Recent management updates

Glomac Berhad, Annual General Meeting, Oct 25, 2023

Glomac Berhad Announces Cessation of Office of DATO' IKHWAN SALIM BIN DATO' HAJI SUJAK as Independent and Non Executive Member of Risk Committee

Glomac Berhad Appoints Mohd Adzahar Bin Abdul Wahid as Independent and Non Executive Member of Risk Committee

Glomac Berhad Appoints Encik Mohd Adzahar Bin Abdul Wahid as Independent and Non Executive Director

Glomac Berhad Announces Cessation of Datuk Ali Bin Abdul Kadir as Independent and Non Executive Member of Nomination Committee

Glomac Berhad, Annual General Meeting, Oct 19, 2022

Recent updates

There May Be Some Bright Spots In Glomac Berhad's (KLSE:GLOMAC) Earnings

Consensus EPS estimates fall by 15%

Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.001 in 3Q 2023)

Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125

Upcoming dividend of RM0.013 per share at 3.5% yield

Time To Worry? Analysts Are Downgrading Their Glomac Berhad (KLSE:GLOMAC) Outlook

Second quarter 2024 earnings released: EPS: RM0.001 (vs RM0.015 in 2Q 2023)

Glomac Berhad Provides Material Litigation Updates

Price target increased by 12% to RM0.44

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Glomac Berhad (KLSE:GLOMAC) Is Paying Out Less In Dividends Than Last Year

Glomac Berhad, Annual General Meeting, Oct 25, 2023

Glomac Berhad's (KLSE:GLOMAC) Dividend Is Being Reduced To MYR0.0125

Does Glomac Berhad (KLSE:GLOMAC) Have A Healthy Balance Sheet?

Glomac Berhad (KLSE:GLOMAC) completed the acquisition of remaining 49% stake in Glomac Bina Sdn Bhd from Tan Sri Dato' Mohamed Mansor bin and Mohd Yasin Loh bin Abdullah for MYR 16.3 million.

Glomac Berhad Announces Cessation of Office of DATO' IKHWAN SALIM BIN DATO' HAJI SUJAK as Independent and Non Executive Member of Risk Committee

Bullish: Analysts Just Made A Significant Upgrade To Their Glomac Berhad (KLSE:GLOMAC) Forecasts

New minor risk - Profit margin trend

Glomac Berhad Recommends Final Dividend for the Financial Year Ended 30 April 2023

Full year 2023 earnings released: EPS: RM0.041 (vs RM0.049 in FY 2022)

Glomac Berhad Appoints Mohd Adzahar Bin Abdul Wahid as Independent and Non Executive Member of Risk Committee

Glomac Berhad Appoints Encik Mohd Adzahar Bin Abdul Wahid as Independent and Non Executive Director

Consensus EPS estimates fall by 23%

Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.011 in 3Q 2022)

Upcoming dividend of RM0.015 per share

Second quarter 2023 earnings released: EPS: RM0.015 (vs RM0.015 in 2Q 2022)

Glomac Berhad (KLSE:GLOMAC) Has Announced That It Will Be Increasing Its Dividend To MYR0.015

Glomac Berhad Announces Cessation of Datuk Ali Bin Abdul Kadir as Independent and Non Executive Member of Nomination Committee

Price target increased to RM0.42

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Glomac Berhad (KLSE:GLOMAC) Is Increasing Its Dividend To MYR0.015

Glomac Berhad, Annual General Meeting, Oct 19, 2022

Glomac Berhad (KLSE:GLOMAC) Will Pay A Larger Dividend Than Last Year At MYR0.015

Glomac Berhad Announces Final Single-Tier Dividend for the Financial Year Ended 30 April 2022, Payable on 29 December 2022

Glomac Berhad Provides Material Litigation Update

Full year 2022 earnings: Revenues miss analyst expectations

Glomac Berhad Announces Appointment of Encik Mohd Razlan Bin Mohamed as Independent and Non Executive Member of Risk Committee

Glomac Berhad Appoints Encik Mohd Razlan Bin Mohamed as Independent and Non Executive Director

Price target decreased to RM0.38

Insufficient new directors

Price target decreased to RM0.38

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Glomac Berhad Announces Update on Material Litigation

Upcoming dividend of RM0.01 per share

Insufficient new directors

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

First quarter 2022 earnings released: EPS RM0.002 (vs RM0.004 in 1Q 2021)

Full year 2021 earnings released: EPS RM0.037 (vs RM0.016 in FY 2020)

Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet

Material Litigation Kuala Lumpur High Court Civil Suit No. Wa-22Ncvc-230-05/2020 Filed by Soon Hoe Chuan Against Glomac Berhad

Third quarter 2021 earnings released: EPS RM0.015 (vs RM0.016 in 3Q 2020)

New 90-day high: RM0.45

Joint Secretary has left the company

Glomac Berhad Announces Resignation of Ong Shaw Ching as Joint Secretary

Glomac Berhad Appoints Lilyrohayu Binti Ab. Hamid @ Kassim as Joint Secretary

Is Glomac Berhad (KLSE:GLOMAC) Using Too Much Debt?

Glomac Berhad (KLSE:GLOMAC) Share Prices Have Dropped 59% In The Last Five Years

Does Glomac Berhad's (KLSE:GLOMAC) Statutory Profit Adequately Reflect Its Underlying Profit?

New 90-day high: RM0.35

Glomac Berhad Announces Update on Material Litigation

Upcoming Dividend of RM0.01 Per Share

Glomac Berhad Launches Mawar Sari Double-Storey Terrace Houses at Saujana Perdana

Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet

New 90-day high: RM0.32

Second quarter 2021 earnings released: EPS RM0.012

Analysts lower EPS estimates to RM0.025

First quarter earnings released

Glomac Berhad Appoints Datuk Bazlan Bin Osman as Non Independent and Non Executive Member of Audit Committee

New 90-day high - RM0.30