Elsoft Research Berhad Management

Management criteria checks 3/4

Elsoft Research Berhad's CEO is Cheik Tan, appointed in May 2005, has a tenure of 18.92 years. directly owns 23.02% of the company’s shares, worth MYR86.87M. The average tenure of the management team and the board of directors is 7 years and 18.8 years respectively.

Key information

Cheik Tan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	18.9yrs
CEO ownership	23.0%
Management average tenure	7yrs
Board average tenure	18.8yrs

Recent management updates

Recent updates

Elsoft Research Berhad (KLSE:ELSOFT) Has Gifted Shareholders With A Fantastic 107% Total Return On Their Investment

Feb 18

Is Elsoft Research Berhad (KLSE:ELSOFT) Likely To Turn Things Around?

Jan 28

Are Elsoft Research Berhad's (KLSE:ELSOFT) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 07

Is Elsoft Research Berhad (KLSE:ELSOFT) Potentially Undervalued?

Dec 20

What You Need To Know About Elsoft Research Berhad's (KLSE:ELSOFT) Investor Composition

Dec 07

Is Elsoft Research Berhad's (KLSE:ELSOFT) Stock On A Downtrend As A Result Of Its Poor Financials?

Nov 24

CEO Compensation Analysis

How has Cheik Tan's remuneration changed compared to Elsoft Research Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	RM8m
Sep 30 2023	n/a	n/a	RM38m
Jun 30 2023	n/a	n/a	RM40m
Mar 31 2023	n/a	n/a	RM43m
Dec 31 2022	n/a	n/a	RM43m
Sep 30 2022	n/a	n/a	RM17m
Jun 30 2022	n/a	n/a	RM17m
Mar 31 2022	n/a	n/a	RM13m
Dec 31 2021	n/a	n/a	RM11m
Sep 30 2021	n/a	n/a	RM2m
Jun 30 2021	n/a	n/a	RM2m
Mar 31 2021	n/a	n/a	RM992k
Dec 31 2020	RM282k	RM281k	RM648k
Sep 30 2020	n/a	n/a	RM7m
Jun 30 2020	n/a	n/a	RM7m
Mar 31 2020	n/a	n/a	RM12m
Dec 31 2019	RM547k	RM540k	RM17m
Sep 30 2019	n/a	n/a	RM20m
Jun 30 2019	n/a	n/a	RM31m
Mar 31 2019	n/a	n/a	RM37m
Dec 31 2018	RM634k	RM619k	RM40m
Sep 30 2018	n/a	n/a	RM41m
Jun 30 2018	n/a	n/a	RM35m
Mar 31 2018	n/a	n/a	RM30m
Dec 31 2017	RM601k	RM571k	RM27m

Compensation vs Market: Insufficient data to establish whether Cheik's total compensation is reasonable compared to companies of similar size in the MY market.

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

CEO

Cheik Tan (58 yo)

18.9yrs

Tenure

Mr. Cheik Eaik Tan has been the Chief Executive Officer of Elsoft Research Bhd since May 2005. Mr. Tan specialises in the areas of test metrology and embedded application system design. He joined Hewlett P...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kim Koay	CTO & Executive Director	no data	no data	10.69% MYR 40.3m
Cheik Tan	CEO & Executive Director	18.9yrs	no data	23.02% MYR 86.9m
Tzeh Ng	Chief Financial Officer	1.4yrs	no data	no data
Chin Eng	Chief Operating Officer	7yrs	no data	no data
Yoong Ooi	Company Secretary	no data	no data	no data

7.0yrs

Average Tenure

57yo

Average Age

Experienced Management: ELSOFT's management team is seasoned and experienced (7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kim Koay	CTO & Executive Director	20.8yrs	no data	10.69% MYR 40.3m
Cheik Tan	CEO & Executive Director	20.8yrs	no data	23.02% MYR 86.9m
Eng Chong	Non-Independent Chairman	18.8yrs	no data	0.51% MYR 1.9m
Ai Tan	Non-Independent Non-Executive Director	18.8yrs	no data	13.3% MYR 50.2m
Ah Tan	Non-Independent Non-Executive Director	18.8yrs	no data	9.21% MYR 34.8m
Tet Foo	Independent Non-Executive Director	6.3yrs	RM67.00k	0.022% MYR 81.7k
Toon Ooi	Non Independent & Non Executive Director	12.8yrs	RM72.00k	0.35% MYR 1.3m
Soo Lee	Independent & Non Executive Director	1.7yrs	no data	no data
Hean Chuah	Independent & Non Executive Director	less than a year	no data	no data

18.8yrs

Average Tenure

65yo

Average Age

Experienced Board: ELSOFT's board of directors are seasoned and experienced ( 18.8 years average tenure).

Elsoft Research Berhad Management

Management criteria checks 3/4

Key information

Recent management updates

Elsoft Research Berhad Appoints PROF TAN SRI DATO' DR CHUAH HEAN TEIK as Independent and Non Executive Director

Insufficient new directors

Elsoft Research Berhad Announces Appointment of Ng Tzeh Chyuan as Chief Financial Officer

Elsoft Research Berhad Announces Resignation of Datuk Tan Leh Kiah as Joint Secretary

Elsoft Research Berhad, Annual General Meeting, Jun 10, 2022

Insufficient new directors

Recent updates

Upcoming dividend of RM0.01 per share

Price target increased by 7.3% to RM0.59

Final dividend of RM0.01 announced

Full year 2023 earnings released: EPS: RM0.011 (vs RM0.063 in FY 2022)

Consensus revenue estimates fall by 15%

Third quarter 2023 earnings released: EPS: RM0.002 (vs RM0.005 in 3Q 2022)

Upcoming dividend of RM0.01 per share at 3.8% yield

New minor risk - Revenue size

Second quarter 2023 earnings released: EPS: RM0.005 (vs RM0.008 in 2Q 2022)

Elsoft Research Berhad Declares Single Tier First Interim Dividend for the Financial Year Ending 31 December, 2023, Payable on October 06, 2023

Elsoft Research Berhad Appoints PROF TAN SRI DATO' DR CHUAH HEAN TEIK as Independent and Non Executive Director

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

When Should You Buy Elsoft Research Berhad (KLSE:ELSOFT)?

Upcoming dividend of RM0.02 per share at 3.4% yield

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

Elsoft Research Berhad Announces Single Tier Special Dividend for the Year Ended 31 December 2022, Payable on 14 April 2023

Third quarter 2022 earnings released: EPS: RM0.005 (vs RM0.004 in 3Q 2021)

Insufficient new directors

Elsoft Research Berhad Announces Appointment of Ng Tzeh Chyuan as Chief Financial Officer

Price target decreased to RM0.58

Should You Think About Buying Elsoft Research Berhad (KLSE:ELSOFT) Now?

Upcoming dividend of RM0.01 per share

Consensus forecasts updated

Elsoft Research Berhad Announces Single Tier First Interim Dividend, Payable on October 07, 2022

Second quarter 2022 earnings released: EPS: RM0.008 (vs RM0.003 in 2Q 2021)

Capital Allocation Trends At Elsoft Research Berhad (KLSE:ELSOFT) Aren't Ideal

Elsoft Research Berhad Announces Resignation of Datuk Tan Leh Kiah as Joint Secretary

What Is Elsoft Research Berhad's (KLSE:ELSOFT) Share Price Doing?

Elsoft Research Berhad, Annual General Meeting, Jun 10, 2022

Price target decreased to RM0.73

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Insufficient new directors

Upcoming dividend of RM0.01 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

Elsoft Research Berhad Announces Second Interim Dividend for the Financial Year Ended December 31, 2021, Payable 15 April 2022

Third quarter 2021 earnings released: EPS RM0.004 (vs RM0.004 in 3Q 2020)

Second quarter 2021 earnings released: EPS RM0.003 (vs RM0.002 in 2Q 2020)

Price target increased to RM1.25

Consensus forecasts updated

Full year 2020 earnings released: EPS RM0.001 (vs RM0.025 in FY 2019)

Revenue and earnings miss expectations

Elsoft Research Berhad (KLSE:ELSOFT) Has Gifted Shareholders With A Fantastic 107% Total Return On Their Investment

Is Elsoft Research Berhad (KLSE:ELSOFT) Likely To Turn Things Around?

New 90-day high: RM0.94

Are Elsoft Research Berhad's (KLSE:ELSOFT) Statutory Earnings A Good Guide To Its Underlying Profitability?

New 90-day high: RM0.70

Is Elsoft Research Berhad (KLSE:ELSOFT) Potentially Undervalued?

What You Need To Know About Elsoft Research Berhad's (KLSE:ELSOFT) Investor Composition

Is Elsoft Research Berhad's (KLSE:ELSOFT) Stock On A Downtrend As A Result Of Its Poor Financials?

Third quarter 2020 earnings released: EPS RM0.004

New 90-day low: RM0.60

First half earnings released

New 90-day high - RM0.79

CEO Compensation Analysis

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age