ITMAX System Berhad

KLSE:ITMAX Stock Report

Market Cap: RM 3.7b

ITMAX System Berhad Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

William Tan

Chief executive officer

RM 852.3k

Total compensation

CEO salary percentage77.4%
CEO tenure4.9yrs
CEO ownershipn/a
Management average tenure3.7yrs
Board average tenure2.6yrs

Recent management updates

Recent updates

ITMAX System Berhad (KLSE:ITMAX) Strong Profits May Be Masking Some Underlying Issues

Dec 05
ITMAX System Berhad (KLSE:ITMAX) Strong Profits May Be Masking Some Underlying Issues

ITMAX System Berhad (KLSE:ITMAX) Seems To Use Debt Quite Sensibly

Aug 12
ITMAX System Berhad (KLSE:ITMAX) Seems To Use Debt Quite Sensibly

We Like ITMAX System Berhad's (KLSE:ITMAX) Returns And Here's How They're Trending

Jul 15
We Like ITMAX System Berhad's (KLSE:ITMAX) Returns And Here's How They're Trending

There May Be Underlying Issues With The Quality Of ITMAX System Berhad's (KLSE:ITMAX) Earnings

Jun 03
There May Be Underlying Issues With The Quality Of ITMAX System Berhad's (KLSE:ITMAX) Earnings

ITMAX System Berhad's (KLSE:ITMAX) 27% Jump Shows Its Popularity With Investors

Feb 22
ITMAX System Berhad's (KLSE:ITMAX) 27% Jump Shows Its Popularity With Investors

CEO Compensation Analysis

How has William Tan's remuneration changed compared to ITMAX System Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

RM 76m

Jun 30 2024n/an/a

RM 70m

Mar 31 2024n/an/a

RM 66m

Dec 31 2023RM 852kRM 660k

RM 63m

Sep 30 2023n/an/a

RM 59m

Jun 30 2023n/an/a

RM 55m

Mar 31 2023n/an/a

RM 49m

Dec 31 2022RM 746kRM 576k

RM 41m

Sep 30 2022n/an/a

RM 35m

Jun 30 2022n/an/a

RM 30m

Mar 31 2022n/an/a

RM 28m

Dec 31 2021RM 365kRM 324k

RM 29m

Compensation vs Market: William's total compensation ($USD189.18K) is below average for companies of similar size in the MY market ($USD492.44K).

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

CEO

William Tan (31 yo)

4.9yrs

Tenure

RM 852,264

Compensation

Mr. Wei Lun Tan is Non-Independent, Managing Director and Chief Executive Officer of ITMAX System Berhad and was appointed ot its Board in July 2020. He began his career in STS in June 2015 as an Engineer,...

Leadership Team

NamePositionTenureCompensationOwnership
Wei Tan
Non-Independent Director4.9yrsRM 852.26kno data
Afinaliza Binti Zainal Abidin
Non-Independent Executive Director22.6yrsRM 395.28k4.58%
MYR 168.8m
Sing Tan
Non-Independent Executive Director2.5yrsRM 484.20kno data
Wen Tee
Chief Financial Officerno datano data0.021%
MYR 769.8k
Chee Then
Chief Operating Officerno datano data0.0049%
MYR 179.2k
Mun Sek Fun
Chief Marketing Officerno datano data0.0029%
MYR 107.3k
Say Kong
Company Secretaryno datano datano data
Shi Yeng
Company Secretaryless than a yearno datano data
Chiok Chuan Lim
Technical Director of Hardware Developmentno datano datano data
Binti Zainul Roslah
Software Directorno datano datano data

3.7yrs

Average Tenure

52yo

Average Age

Experienced Management: ITMAX's management team is considered experienced (3.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Wei Tan
Non-Independent Director4.5yrsRM 852.26kno data
Afinaliza Binti Zainal Abidin
Non-Independent Executive Director22.6yrsRM 395.28k4.58%
MYR 168.8m
Sing Tan
Non-Independent Executive Director2.5yrsRM 484.20kno data
Ahmad Bin Ali
Independent Non-Executive Chairman2.6yrsRM 184.00k0.049%
MYR 1.8m
Boon Tan
Non-Independent Non-Executive Director4.4yrsRM 39.00kno data
Juan Mok
Independent Non-Executive Director2.6yrsRM 76.00k0.016%
MYR 580.7k
Ai Heng
Independent Non-Executive Director2.6yrsRM 82.00kno data
Nen Ng
Independent Non-Executive Director2.6yrsRM 70.00k0.0097%
MYR 358.0k

2.6yrs

Average Tenure

47yo

Average Age

Experienced Board: ITMAX's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 15:25
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

ITMAX System Berhad is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
J. TanHong Leong Investment Bank Berhad
Je TanHong Leong Investment Bank Berhad
Lye Hoe Ch'ngMaybank Research Pte. Ltd.