ITMAX System Berhad

KLSE:ITMAX Stock Report

Market Cap: RM 5.1b

ITMAX System Berhad Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

William Tan

Chief executive officer

RM 1.2m

Total compensation

CEO salary percentage75.78%
CEO tenure6.4yrs
CEO ownershipn/a
Management average tenure4.7yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

Analysis Article • Jan 10

Capital Investment Trends At ITMAX System Berhad (KLSE:ITMAX) Look Strong

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Oct 24

ITMAX System Berhad's (KLSE:ITMAX) Earnings Haven't Escaped The Attention Of Investors

With a price-to-earnings (or "P/E") ratio of 53.9x ITMAX System Berhad ( KLSE:ITMAX ) may be sending very bearish...
Analysis Article • Oct 02

The Trend Of High Returns At ITMAX System Berhad (KLSE:ITMAX) Has Us Very Interested

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article • Aug 28

We Think That There Are Some Issues For ITMAX System Berhad (KLSE:ITMAX) Beyond Its Promising Earnings

ITMAX System Berhad's ( KLSE:ITMAX ) healthy profit numbers didn't contain any surprises for investors. We think this...
Analysis Article • Jun 20

ITMAX System Berhad's (KLSE:ITMAX) P/E Still Appears To Be Reasonable

When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 13x, you may consider...
Analysis Article • May 20

Investors Shouldn't Overlook ITMAX System Berhad's (KLSE:ITMAX) Impressive Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Mar 02

ITMAX System Berhad Beat Revenue Forecasts By 17%: Here's What Analysts Are Forecasting Next

Last week, you might have seen that ITMAX System Berhad ( KLSE:ITMAX ) released its full-year result to the market. The...
Analysis Article • Feb 18

The Price Is Right For ITMAX System Berhad (KLSE:ITMAX)

When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 14x, you may consider...
Analysis Article • Dec 05

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

ITMAX System Berhad's ( KLSE:ITMAX ) healthy profit numbers didn't contain any surprises for investors. We believe that...
Analysis Article • Aug 12

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Jul 15

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Jun 03

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

ITMAX System Berhad ( KLSE:ITMAX ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Analysis Article • Feb 22

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

ITMAX System Berhad ( KLSE:ITMAX ) shareholders have had their patience rewarded with a 27% share price jump in the...

CEO Compensation Analysis

How has William Tan's remuneration changed compared to ITMAX System Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

RM 98m

Dec 31 2025RM 1mRM 876k

RM 93m

Sep 30 2025n/an/a

RM 90m

Jun 30 2025n/an/a

RM 86m

Mar 31 2025n/an/a

RM 83m

Dec 31 2024RM 1mRM 756k

RM 80m

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 ($USD281.90K) is below average for companies of similar size in the MY market ($USD948.07K).

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

CEO

William Tan (33 yo)

6.4yrs
Tenure
RM 1,156,000
Compensation

Mr. Wei Lun Tan is Non-Independent Executive Director of ITMAX System Berhad since July 17, 2020 and has been its Managing Director since 2022 and has been its Chief Executive Officer since 2020. He began...

Leadership Team

NamePositionTenureCompensationOwnership
Wei Tan
Non-Independent Executive Director6.4yrsRM 1.16mno data
Wen Tee
Chief Financial Officer5.6yrsno data0.017%
MYR 882.0k
Chee Then
Chief Operating Officer5.4yrsno data0.0082%
MYR 416.4k
Mun Fun
Chief Commercial Officer2.4yrsno data0.0093%
MYR 470.2k
Afinaliza Binti Zainal Abidin
Non-Independent Executive Director24.1yrsRM 293.00kno data
Sing Tan
Non-Independent Executive Director4yrsRM 630.00k0.0044%
MYR 224.4k
Say Kong
Company Secretary1.6yrsno datano data
Shi Yeng
Company Secretary1.6yrsno datano data
Chiok Chuan Lim
Technical Director of Hardware Developmentno datano datano data
Binti Zainul Roslah
Software Directorno datano datano data
4.7yrs
Average Tenure
54yo
Average Age

Experienced Management: ITMAX's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Wei Tan
Non-Independent Executive Director5.9yrsRM 1.16mno data
Afinaliza Binti Zainal Abidin
Non-Independent Executive Director24.1yrsRM 293.00kno data
Sing Tan
Non-Independent Executive Director4yrsRM 630.00k0.0044%
MYR 224.4k
Ahmad Bin Ali
Independent Non-Executive Chairman4.1yrsRM 185.00k0.037%
MYR 1.9m
Boon Tan
Non-Independent Non-Executive Director5.9yrsRM 69.00kno data
Juan Mok
Independent Non-Executive Director4.1yrsRM 75.00k0.016%
MYR 794.7k
Ai Heng
Independent Non-Executive Director4.1yrsRM 81.00kno data
Nen Ng
Independent Non-Executive Director4.1yrsRM 69.00k0.0097%
MYR 490.0k
4.1yrs
Average Tenure
49yo
Average Age

Experienced Board: ITMAX's board of directors are considered experienced (4.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/26 10:39
End of Day Share Price 2026/06/26 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

ITMAX System Berhad is covered by 7 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
Jun Kit SamHong Leong Investment Bank Berhad
Lye Hoe Ch'ngMaybank Research Pte. Ltd.
Lucas SimMaybank Research Pte. Ltd.