S P Setia Berhad Management

Management criteria checks 2/4

S P Setia Berhad's CEO is Kai Choong, appointed in Oct 2021, has a tenure of 2.92 years. total yearly compensation is MYR3.59M, comprised of 68.7% salary and 31.3% bonuses, including company stock and options. directly owns 0.013% of the company’s shares, worth MYR768.22K. The average tenure of the management team and the board of directors is 4.2 years and 2.3 years respectively.

Key information

Kai Choong

Chief executive officer

RM 3.6m

Total compensation

CEO salary percentage	68.7%
CEO tenure	2.9yrs
CEO ownership	0.01%
Management average tenure	4.2yrs
Board average tenure	2.3yrs

Recent management updates

Recent updates

Little Excitement Around S P Setia Berhad's (KLSE:SPSETIA) Earnings As Shares Take 37% Pounding

Aug 30

There May Be Underlying Issues With The Quality Of S P Setia Berhad's (KLSE:SPSETIA) Earnings

Aug 22

S P Setia Berhad (KLSE:SPSETIA) Released Earnings Last Week And Analysts Lifted Their Price Target To RM1.12

Mar 31

S P Setia Berhad (KLSE:SPSETIA) Stocks Shoot Up 67% But Its P/E Still Looks Reasonable

Mar 28

S P Setia Berhad (KLSE:SPSETIA) Will Pay A Smaller Dividend Than Last Year

Mar 13

S P Setia Berhad (KLSE:SPSETIA) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 03

S P Setia Berhad's (KLSE:SPSETIA) Conservative Accounting Might Explain Soft Earnings

Nov 30

When Should You Buy S P Setia Berhad (KLSE:SPSETIA)?

Oct 18

S P Setia Berhad's (KLSE:SPSETIA) Dividend Will Be Increased To MYR0.0147

Mar 15

Is S P Setia Berhad (KLSE:SPSETIA) A Risky Investment?

Feb 09

Should You Investigate S P Setia Berhad (KLSE:SPSETIA) At RM0.66?

Jan 17

Calculating The Intrinsic Value Of S P Setia Berhad (KLSE:SPSETIA)

Nov 12

Is S P Setia Berhad (KLSE:SPSETIA) A Risky Investment?

Oct 21

CEO Compensation Analysis

How has Kai Choong's remuneration changed compared to S P Setia Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	RM 459m
Mar 31 2024	n/a	n/a	RM 207m
Dec 31 2023	RM 4m	RM 2m	RM 197m
Sep 30 2023	n/a	n/a	RM 105m
Jun 30 2023	n/a	n/a	RM 118m
Mar 31 2023	n/a	n/a	RM 155m
Dec 31 2022	RM 3m	RM 2m	RM 142m
Sep 30 2022	n/a	n/a	RM 209m
Jun 30 2022	n/a	n/a	RM 150m
Mar 31 2022	n/a	n/a	RM 145m
Dec 31 2021	RM 3m	RM 616k	RM 152m

Compensation vs Market: Kai's total compensation ($USD833.89K) is above average for companies of similar size in the MY market ($USD594.49K).

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

CEO

Kai Choong (63 yo)

2.9yrs

Tenure

RM 3,587,000

Compensation

Datuk Kai Wai Choong serves as President, Chief Executive Officer and Executive Director at S P Setia Berhad since October 1, 2021. He served as Chief Executive Officer of Setia (Melbourne) Development Com...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kai Choong	President	2.9yrs	RM 3.59m	0.013% MYR 768.2k
Annuar Bin Abdul Aziz	Chief Financial Officer	1.8yrs	no data	no data
Zaini Yusoff	Executive VP & Chief Operating Officer	1.2yrs	no data	no data
Chin Puar	Head of Corporate Finance	8yrs	no data	no data
Justine Jiew	Head of Investor Relations	no data	no data	no data
Azlina Baharom	Chief Legal Officer	4.2yrs	no data	no data
Adelene Wong	Head of Group Branding & Communications	no data	no data	no data
Nadiah Binti Abdullah	Chief Human Resources Officer	7.5yrs	no data	no data
Hiang Mui	General Counsel of Corporate Services	no data	no data	no data
Hon Tan	Executive Vice President	9.2yrs	no data	no data
Kim Saw	Executive Vice President	4.2yrs	no data	no data
Thou Ling	Executive Vice President	4.2yrs	no data	no data

4.2yrs

Average Tenure

55yo

Average Age

Experienced Management: SPSETIA's management team is considered experienced (4.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kai Choong	President	2.9yrs	RM 3.59m	0.013% MYR 768.2k
Syed Zainol Anwar Ibni Syed Jamalullail	Non-Independent & Non Executive Chairman	5.7yrs	RM 975.00k	no data
Azmi Bin Mohd Ali	Non-Independent Non-Executive Director	8.5yrs	RM 210.00k	no data
Merina Binti Abu Tahir	Independent Non-Executive Director	2.8yrs	RM 297.00k	no data
Sheranjiv Sammanthan	Independent Non-Executive Director	2.3yrs	RM 376.00k	no data
Puay Tan	Senior Independent Non-Executive Director	9yrs	RM 369.00k	no data
Khairil Bin Ahmad	Independent & Non Executive Independent Director	1.3yrs	RM 170.00k	no data
Cheng Geok Yeoh	Independent Non-Executive Director	less than a year	no data	no data
Fu Lim	Non-Independent Director	less than a year	no data	no data
Marina Binti Tunku Annuar	Independent Non Executive Director	2.3yrs	RM 246.00k	no data
Wan Daneena Binti Wan Abdul Rahman	Independent Non-Executive Director	1.1yrs	RM 106.00k	no data
Aida Binti Mohd Tazaai	Non-Independent Non-Executive Director	less than a year	no data	no data

2.3yrs

Average Tenure

60.5yo

Average Age

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

S P Setia Berhad Management

Management criteria checks 2/4

Key information

Recent management updates

S P Setia Berhad Announces Changes to Composition of Board Committees, Effective September 11, 2024

S P Setia Berhad Appoints Datin Grace Yeoh Cheng Geok, as Independent and Non Executive Director

S P Setia Berhad, Annual General Meeting, Apr 25, 2024

S P Setia Berhad Announces New Composition of Sustainability Committee, Effective 11 January 2024

S P Setia Berhad Announces Changes to Composition of Board Committees

S P Setia Berhad Announces Resignation Dato Zuraidah Binti Atan as Independent and Non Executive Director, Effective 17 Aug. 2023

Recent updates

S P Setia Berhad Announces Changes to Composition of Board Committees, Effective September 11, 2024

Little Excitement Around S P Setia Berhad's (KLSE:SPSETIA) Earnings As Shares Take 37% Pounding

Investor sentiment deteriorates as stock falls 21%

There May Be Underlying Issues With The Quality Of S P Setia Berhad's (KLSE:SPSETIA) Earnings

Consensus EPS estimates increase by 20%

Consensus EPS estimates increase by 20%

Consensus EPS estimates increase by 20%

Consensus EPS estimates increase by 20%

Consensus EPS estimates increase by 20%

Consensus EPS estimates increase by 20%

New major risk - Revenue and earnings growth

Second quarter 2024 earnings released: EPS: RM6.30 (vs RM0.011 in 2Q 2023)

New minor risk - Share price stability

Is There Now An Opportunity In S P Setia Berhad (KLSE:SPSETIA)?

Investor sentiment deteriorates as stock falls 24%

S P Setia Berhad (KLSE:SPSETIA) Not Flying Under The Radar

Consensus EPS estimates increase by 13%

Is S P Setia Berhad (KLSE:SPSETIA) A Risky Investment?

S P Setia Berhad Appoints Datin Grace Yeoh Cheng Geok, as Independent and Non Executive Director

Consensus EPS estimates increase by 13%

First quarter 2024 earnings released

Why S P Setia Berhad (KLSE:SPSETIA) Could Be Worth Watching

Price target increased by 12% to RM1.21

S P Setia Berhad (KLSE:SPSETIA) Released Earnings Last Week And Analysts Lifted Their Price Target To RM1.12

Price target increased by 9.7% to RM1.12

S P Setia Berhad (KLSE:SPSETIA) Stocks Shoot Up 67% But Its P/E Still Looks Reasonable

S P Setia Berhad, Annual General Meeting, Apr 25, 2024

Upcoming dividend of RM0.013 per share

Investor sentiment improves as stock rises 17%

S P Setia Berhad (KLSE:SPSETIA) Will Pay A Smaller Dividend Than Last Year

Dividend reduced to RM0.013

S P Setia Berhad (KLSE:SPSETIA) Just Reported And Analysts Have Been Lifting Their Price Targets

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Price target increased by 7.1% to RM0.98

Price target increased by 7.3% to RM0.95

S P Setia Berhad Announces New Composition of Sustainability Committee, Effective 11 January 2024

New minor risk - Shareholder dilution

S P Setia Berhad's (KLSE:SPSETIA) Conservative Accounting Might Explain Soft Earnings

Third quarter 2023 earnings released

When Should You Buy S P Setia Berhad (KLSE:SPSETIA)?

New minor risk - Share price stability

Price target increased by 7.8% to RM0.87

Investor sentiment improves as stock rises 16%

S P Setia Berhad Announces Changes to Composition of Board Committees

Price target increased by 20% to RM0.80

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: RM0.011 (vs RM0.02 in 2Q 2022)

S P Setia Berhad Announces Resignation Dato Zuraidah Binti Atan as Independent and Non Executive Director, Effective 17 Aug. 2023

S P Setia Berhad Appoints PUAN AIDA HAZRINA BINTI MOHD TAZAAI as Non Independent and Non Executive Alternate Director

Price target decreased by 9.2% to RM0.64

S P Setia Berhad Announces Changes to Composition of Tender and Projects Committee

S P Setia Berhad Announces Appointment of Datuk Zaini Bin Yusoff as Chief Operating Officer

First quarter 2023 earnings released: EPS: RM0.004 (vs RM0 in 1Q 2022)

High number of new directors

Upcoming dividend of RM0.015 per share at 2.5% yield

S P Setia Berhad's (KLSE:SPSETIA) Dividend Will Be Increased To MYR0.0147

Consensus EPS estimates increase by 13%

Full year 2022 earnings released: EPS: RM0.036 (vs RM0.037 in FY 2021)

Is S P Setia Berhad (KLSE:SPSETIA) A Risky Investment?

Should You Investigate S P Setia Berhad (KLSE:SPSETIA) At RM0.66?

S P Setia Berhad Announces CFO Changes

Third quarter 2022 earnings released: EPS: RM0.001 (vs RM0.014 loss in 3Q 2021)

Price target decreased to RM0.82

Now 21% undervalued after recent price drop

Calculating The Intrinsic Value Of S P Setia Berhad (KLSE:SPSETIA)

Now 22% undervalued after recent price drop

Is S P Setia Berhad (KLSE:SPSETIA) A Risky Investment?

Now 20% undervalued after recent price drop

S P Setia Berhad Announces Appointment of Dato' Zuraidah Binti Atan as Independent and Non Executive Member of Risk Committee, Effective September 1, 2022