ManagePay Systems Berhad Management

Management criteria checks 3/4

ManagePay Systems Berhad's CEO is Chee Chew, appointed in Jun 2000, has a tenure of 24.42 years. total yearly compensation is MYR422.78K, comprised of 79% salary and 21% bonuses, including company stock and options. directly owns 25.01% of the company’s shares, worth MYR24.26M. The average tenure of the management team and the board of directors is 5.6 years and 3.8 years respectively.

Key information

Chee Chew

Chief executive officer

RM 422.8k

Total compensation

CEO salary percentage	79.0%
CEO tenure	24.4yrs
CEO ownership	25.0%
Management average tenure	5.6yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

We Think ManagePay Systems Berhad (KLSE:MPAY) Can Afford To Drive Business Growth

Jan 05

ManagePay Systems Berhad (KLSE:MPAY) Is In A Strong Position To Grow Its Business

Mar 29

A Quick Analysis On ManagePay Systems Berhad's (KLSE:MPAY) CEO Compensation

Dec 14

CEO Compensation Analysis

How has Chee Chew's remuneration changed compared to ManagePay Systems Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	RM 423k	RM 334k	-RM 12m
Dec 31 2023	n/a	n/a	-RM 13m
Sep 30 2023	n/a	n/a	-RM 14m
Jun 30 2023	n/a	n/a	-RM 12m
Mar 31 2023	n/a	n/a	-RM 12m
Dec 31 2022	RM 345k	RM 201k	-RM 11m
Sep 30 2022	n/a	n/a	-RM 6m
Jun 30 2022	n/a	n/a	-RM 4m
Mar 31 2022	n/a	n/a	-RM 3m
Dec 31 2021	RM 298k	RM 212k	RM 1m
Sep 30 2021	n/a	n/a	-RM 26m
Jun 30 2021	n/a	n/a	-RM 25m
Mar 31 2021	n/a	n/a	-RM 29m
Dec 31 2020	RM 288k	RM 206k	-RM 37m
Sep 30 2020	n/a	n/a	-RM 11m
Jun 30 2020	n/a	n/a	-RM 12m
Mar 31 2020	n/a	n/a	-RM 9m
Dec 31 2019	RM 297k	RM 202k	-RM 5m
Sep 30 2019	n/a	n/a	-RM 6m
Jun 30 2019	n/a	n/a	-RM 9m
Mar 31 2019	n/a	n/a	-RM 8m
Dec 31 2018	RM 282k	RM 188k	-RM 9m
Sep 30 2018	n/a	n/a	-RM 6m
Jun 30 2018	n/a	n/a	-RM 6m
Mar 31 2018	n/a	n/a	-RM 6m
Dec 31 2017	RM 205k	RM 175k	-RM 6m

Compensation vs Market: Chee's total compensation ($USD95.09K) is about average for companies of similar size in the MY market ($USD108.46K).

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

CEO

Chee Chew (57 yo)

24.4yrs

Tenure

RM 422,778

Compensation

Dato’ Chew Chee Seng has been Group Managing Director and Group Chief Executive Officer at ManagePay Systems Berhad since May 1, 2019. Dato’ Seng served as the Chief Executive Officer of ManagePay Systems...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Chee Chew	Group CEO	24.4yrs	RM 422.78k	25.01% MYR 24.3m
Ching Chay	Group Chief Financial Officer	8yrs	no data	no data
Shea Chin	Group COO & Executive Director	16.4yrs	no data	0.88% MYR 855.0k
Chew Mei	Manager of Administration	no data	no data	0.36% MYR 346.7k
King Kong	Group Chief Technology Officer	5.3yrs	no data	no data
Pei Leong	Legal Counsel	3.3yrs	no data	no data
Chun Liew	Business Manager of Money Services Business & Chief Compliance Officer	no data	no data	no data
Chia Tan	Group CMO & CEO of ManagePay Marketing Sdn. Bhd.	5.6yrs	no data	no data
Muhammad Bin Mohd Noor	Chief Sales Officer	less than a year	no data	no data
Yian Han	Head of Department Solution Specialist	5.6yrs	no data	no data
Yit Tai	Company Secretary	no data	no data	no data
Kooi Ong	Chief Executive Officer of QuicKash Malaysia Sdn Bhd	7.2yrs	no data	no data

5.6yrs

Average Tenure

49yo

Average Age

Experienced Management: MPAY's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Chee Chew	Group CEO	14.6yrs	RM 422.78k	25.01% MYR 24.3m
Shea Chin	Group COO & Executive Director	less than a year	no data	0.88% MYR 855.0k
Kian Soon	Independent Non-Executive Director	1.3yrs	RM 35.00k	no data
Mohamad Bin Hassan	Independent Non Executive Director	10.6yrs	RM 60.00k	0.029% MYR 28.5k
Yoke Chong	Independent Non-Executive Director	6.4yrs	RM 60.00k	0.029% MYR 28.5k
See Chan	Independent Non Executive Director	less than a year	RM 30.00k	no data

3.8yrs

Average Tenure

57yo

Average Age

Experienced Board: MPAY's board of directors are considered experienced (3.8 years average tenure).

ManagePay Systems Berhad Management

Management criteria checks 3/4

Key information

Recent management updates

ManagePay Systems Berhad, Annual General Meeting, Dec 20, 2024

ManagePay Systems Berhad, Annual General Meeting, Dec 20, 2024

Managepay Systems Berhad Appoints Datin Chin Shea Swong as Executive Director

Managepay Systems Berhad Announces Appointment of Chan See Wah as Independent and Non Executive Member of Nomination Committee

Managepay Systems Berhad Announces Resignation of Dato' Dr Mohd Aminuddin Bin Mohd Rouse as Independent and Non Executive Chairman, Effective January 31, 2024

ManagePay Systems Berhad Announces Resignation of Tan Yew Loong as Group Chief Executive Officer of the Payment Services Segment

Recent updates

ManagePay Systems Berhad, Annual General Meeting, Dec 20, 2024

ManagePay Systems Berhad, Annual General Meeting, Dec 20, 2024

Managepay Systems Berhad Appoints Datin Chin Shea Swong as Executive Director

Managepay Systems Berhad Announces Appointment of Chan See Wah as Independent and Non Executive Member of Nomination Committee

New minor risk - Shareholder dilution

ManagePay Systems Berhad has filed a Follow-on Equity Offering in the amount of MYR 10.308522 million.

Managepay Systems Berhad Announces Resignation of Dato' Dr Mohd Aminuddin Bin Mohd Rouse as Independent and Non Executive Chairman, Effective January 31, 2024

Third quarter 2023 earnings released: RM0.004 loss per share (vs RM0.003 loss in 3Q 2022)

ManagePay Systems Berhad Announces Resignation of Tan Yew Loong as Group Chief Executive Officer of the Payment Services Segment

Managepay Systems Berhad Appoints Miss Chan See Wah as Independent and Non Executive Chairman of Audit Committee

Managepay Systems Berhad Appoints Miss Chan See Wah as Independent and Non Executive Chairman of Audit Committee

Managepay Systems Berhad Announces Resignation of Mr. Wai Kah Hoe as Chairman of Audit Committee

Second quarter 2023 earnings released: RM0.004 loss per share (vs RM0.003 loss in 2Q 2022)

ManagePay Systems Berhad Announces Appointment of Soon Kian Heng as Independent and Non Executive Member of Nomination Committee

Managepay Systems Berhad Appoints Wai Kah Hoe as Independent and Non Executive Director

First quarter 2023 earnings released: RM0.004 loss per share (vs RM0.002 loss in 1Q 2022)

Managepay Systems Berhad Announces Retirement of Cheong Chee Yun as Member of Nomination Committee, Date of Change 26 May 2023

Insufficient new directors

Full year 2022 earnings released: RM0.011 loss per share (vs RM0.002 profit in FY 2021)

Third quarter 2022 earnings released

Managepay Systems Berhad Appoints Datuk Wira Dr. Azizan Bin Osman as Non-Independent and Non Executive Director

Second quarter 2022 earnings released: RM0.003 loss per share (vs RM0.002 loss in 2Q 2021)

First quarter 2022 earnings released: RM0.002 loss per share (vs RM0.003 profit in 1Q 2021)

ManagePay Systems Berhad, Annual General Meeting, Jun 24, 2022

Insufficient new directors

ManagePay Systems Berhad Announces Cessation of the Term of Office of Dato' Dr. Mohd Aminuddin Bin Mohd Rouse as Member of the Audit and Risk Management Committee

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Managepay Systems Berhad Appoints Wong Hui Liang as Independent and Non Executive Director

We Think ManagePay Systems Berhad (KLSE:MPAY) Can Afford To Drive Business Growth

Second quarter 2021 earnings released: RM0.002 loss per share (vs RM0.009 loss in 2Q 2020)

First quarter 2021 earnings released

Full year 2020 earnings released: RM0.051 loss per share (vs RM0.008 loss in FY 2019)

ManagePay Systems Berhad (KLSE:MPAY) Is In A Strong Position To Grow Its Business

New 90-day high: RM0.27

New 90-day high: RM0.21

A Quick Analysis On ManagePay Systems Berhad's (KLSE:MPAY) CEO Compensation

Third quarter 2020 earnings released: EPS RM0.002

First half earnings released

New 90-day high - RM0.21

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age