Symphony Life Berhad

KLSE:SYMLIFE Stock Report

Market Cap: RM208.2m

Symphony Life Berhad Management

Management criteria checks 1/4

Symphony Life Berhad's CEO is Jit Chin, appointed in Apr 2021, has a tenure of 3.08 years. total yearly compensation is MYR1.86M, comprised of 77% salary and 23% bonuses, including company stock and options. directly owns 2.1% of the company’s shares, worth MYR4.37M. The average tenure of the management team and the board of directors is 3.1 years and 2.2 years respectively.

Key information

Jit Chin

Chief executive officer

RM1.9m

Total compensation

CEO salary percentage77.0%
CEO tenure3.1yrs
CEO ownership2.1%
Management average tenure3.1yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

Symphony Life Berhad's (KLSE:SYMLIFE) 27% Price Boost Is Out Of Tune With Revenues

Mar 31
Symphony Life Berhad's (KLSE:SYMLIFE) 27% Price Boost Is Out Of Tune With Revenues

Is Symphony Life Berhad (KLSE:SYMLIFE) Using Too Much Debt?

Sep 29
Is Symphony Life Berhad (KLSE:SYMLIFE) Using Too Much Debt?

Is Symphony Life Berhad (KLSE:SYMLIFE) Using Too Much Debt?

May 12
Is Symphony Life Berhad (KLSE:SYMLIFE) Using Too Much Debt?

Estimating The Intrinsic Value Of Symphony Life Berhad (KLSE:SYMLIFE)

Mar 02
Estimating The Intrinsic Value Of Symphony Life Berhad (KLSE:SYMLIFE)

Is Symphony Life Berhad (KLSE:SYMLIFE) An Attractive Dividend Stock?

Feb 02
Is Symphony Life Berhad (KLSE:SYMLIFE) An Attractive Dividend Stock?

What Can We Make Of Symphony Life Berhad's (KLSE:SYMLIFE) CEO Compensation?

Jan 13
What Can We Make Of Symphony Life Berhad's (KLSE:SYMLIFE) CEO Compensation?

Symphony Life Berhad (KLSE:SYMLIFE) Has A Somewhat Strained Balance Sheet

Dec 21
Symphony Life Berhad (KLSE:SYMLIFE) Has A Somewhat Strained Balance Sheet

Update: Symphony Life Berhad (KLSE:SYMLIFE) Stock Gained 63% In The Last Year

Dec 02
Update: Symphony Life Berhad (KLSE:SYMLIFE) Stock Gained 63% In The Last Year

CEO Compensation Analysis

How has Jit Chin's remuneration changed compared to Symphony Life Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-RM62m

Sep 30 2023n/an/a

-RM62m

Jun 30 2023n/an/a

-RM69m

Mar 31 2023RM2mRM1m

-RM71m

Dec 31 2022n/an/a

-RM12m

Sep 30 2022n/an/a

RM51m

Jun 30 2022n/an/a

RM47m

Mar 31 2022RM2mRM1m

RM38m

Dec 31 2021n/an/a

RM54m

Sep 30 2021n/an/a

RM10m

Jun 30 2021n/an/a

RM42m

Mar 31 2021RM126kRM40k

RM62m

Dec 31 2020n/an/a

RM28m

Sep 30 2020n/an/a

RM44m

Jun 30 2020n/an/a

RM40m

Mar 31 2020RM85kn/a

RM62m

Dec 31 2019n/an/a

RM108m

Sep 30 2019n/an/a

RM94m

Jun 30 2019n/an/a

RM91m

Mar 31 2019RM88kn/a

RM78m

Dec 31 2018n/an/a

RM58m

Sep 30 2018n/an/a

RM48m

Jun 30 2018n/an/a

RM37m

Mar 31 2018RM68kn/a

RM35m

Compensation vs Market: Jit's total compensation ($USD391.61K) is above average for companies of similar size in the MY market ($USD105.23K).

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


CEO

Jit Chin (67 yo)

3.1yrs

Tenure

RM1,856,079

Compensation

Mr. Jit Pyng Chin serves as Executive Director and Group Chief Executive Officer at Symphony Life Berhad since April 02, 2021. Mr. Chin served as Non-Independent Executive Director at Symphony Life Berhad...


Leadership Team

NamePositionTenureCompensationOwnership
Jit Chin
Non-Independent Executive Director & Group CEO3.1yrsRM1.86m2.1%
MYR 4.4m
Sik Eek Tan
Executive Director1.4yrsRM213.60kno data
Mei Wong
Chief Financial Officer1.2yrsno datano data
Teong Goh
Director of Human Resources & Administrationno datano datano data
Chee Chan
GM of Legal & Company Secretary9.3yrsno datano data
Yin Soo
Joint Secretary6.1yrsno datano data

3.1yrs

Average Tenure

47yo

Average Age

Experienced Management: SYMLIFE's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jit Chin
Non-Independent Executive Director & Group CEO23.2yrsRM1.86m2.1%
MYR 4.4m
Sik Eek Tan
Executive Director1.4yrsRM213.60kno data
King Tai Tan
Non Executive Chairman2.7yrsRM875.08k0.28%
MYR 591.6k
Jasmy Bin Ismail
Independent Non-Executive Deputy Vice Chairman6.1yrsRM253.21kno data
Peter Cheong
Alternate Directorno datano datano data
Ket Yong
Independent & Non-Executive Director1.1yrsno datano data
Su Ann Phan
Independent Non Executive Director2.2yrsRM95.46kno data
Yu Tan
Independent Non Executive Directorless than a yearno datano data

2.2yrs

Average Tenure

59yo

Average Age

Experienced Board: SYMLIFE's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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