SkyWorld Development Berhad

KLSE:SKYWLD Stock Report

Market Cap: RM 570.0m

SkyWorld Development Berhad Management

Management criteria checks 2/4

SkyWorld Development Berhad's CEO is Chee Lee, appointed in Jan 2022, has a tenure of 2.92 years. total yearly compensation is MYR1.76M, comprised of 54.5% salary and 45.5% bonuses, including company stock and options. directly owns 5.01% of the company’s shares, worth MYR28.55M. The average tenure of the management team and the board of directors is 2.9 years and 2.3 years respectively.

Key information

Chee Lee

Chief executive officer

RM 1.8m

Total compensation

CEO salary percentage54.5%
CEO tenure2.9yrs
CEO ownership5.0%
Management average tenure2.9yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

These 4 Measures Indicate That SkyWorld Development Berhad (KLSE:SKYWLD) Is Using Debt Reasonably Well

Sep 20
These 4 Measures Indicate That SkyWorld Development Berhad (KLSE:SKYWLD) Is Using Debt Reasonably Well

SkyWorld Development Berhad (KLSE:SKYWLD) Doing What It Can To Lift Shares

May 13
SkyWorld Development Berhad (KLSE:SKYWLD) Doing What It Can To Lift Shares

CEO Compensation Analysis

How has Chee Lee's remuneration changed compared to SkyWorld Development Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

RM 70m

Jun 30 2024n/an/a

RM 75m

Mar 31 2024RM 2mRM 960k

RM 107m

Dec 31 2023n/an/a

RM 144m

Mar 31 2023RM 2mRM 916k

RM 144m

Compensation vs Market: Chee's total compensation ($USD394.26K) is above average for companies of similar size in the MY market ($USD108.52K).

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

CEO

Chee Lee (51 yo)

2.9yrs

Tenure

RM 1,762,000

Compensation

Mr. Chee Seng Lee is Chief Executive Officer of SkyWorld Development Group from January 2022 and its Non-Independent Executive Director since April 1, 2016. He joined SkyWorld Development in February 2013...

Leadership Team

NamePositionTenureCompensationOwnership
Thien Ng
Founder & Non Independent Executive Chairman18.1yrsRM 3.68m42.57%
MYR 242.6m
Chee Lee
CEO & Non-Independent Executive Director2.9yrsRM 1.76m5.01%
MYR 28.5m
Soo Lam
Non-Independent Executive Director16.2yrsRM 2.82m10.28%
MYR 58.6m
Weng Low
Head of Finance3.9yrsno datano data
Lea Tan
Head of Sales2.9yrsno datano data
Hong Ng
Head of Business Venture2.9yrsno datano data
Pei Foo
Company Secretaryno datano datano data
Hock Te
Company Secretaryno datano datano data
Chee Wong
Company Secretaryno datano datano data

2.9yrs

Average Tenure

49.5yo

Average Age

Experienced Management: SKYWLD's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Thien Ng
Founder & Non Independent Executive Chairman18.1yrsRM 3.68m42.57%
MYR 242.6m
Chee Lee
CEO & Non-Independent Executive Director8.7yrsRM 1.76m5.01%
MYR 28.5m
Soo Lam
Non-Independent Executive Director16.2yrsRM 2.82m10.28%
MYR 58.6m
Seng Chan
Independent Non-Executive Director2.3yrsRM 108.00kno data
Zalinah Binti A. Hamid
Independent Non-Executive Director2.3yrsRM 69.00kno data
Sze Phang
Independent Non-Executive Director2.3yrsRM 71.00k0.010%
MYR 57.0k
Soo Ong
Independent Non-Executive Director2.3yrsRM 68.00k0.010%
MYR 57.0k

2.3yrs

Average Tenure

57yo

Average Age

Experienced Board: SKYWLD's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:21
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

SkyWorld Development Berhad is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Qing Rong NgAmInvestment Bank Berhad
null nullJF Apex Securities Berhad
Min-Tze ChuaKenanga Research