GDEX Berhad Management

Management criteria checks 3/4

GDEX Berhad's CEO is Teck Teong, appointed in May 2013, has a tenure of 19.25 years. total yearly compensation is MYR370.40K, comprised of 74.5% salary and 25.5% bonuses, including company stock and options. directly owns 2.2% of the company’s shares, worth MYR19.52M. The average tenure of the management team and the board of directors is 3.6 years and 2.9 years respectively.

Key information

Teck Teong

Chief executive officer

RM370.4k

Total compensation

CEO salary percentage	74.5%
CEO tenure	11yrs
CEO ownership	2.2%
Management average tenure	3.6yrs
Board average tenure	2.9yrs

Recent management updates

Recent updates

GDEX Berhad's (KLSE:GDEX) Returns On Capital Not Reflecting Well On The Business

Aug 26

GDEX Berhad's (KLSE:GDEX) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?

Jan 20

Are GDEX Berhad's (KLSE:GDEX) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jan 05

Investors Who Bought GD Express Carrier Bhd (KLSE:GDEX) Shares A Year Ago Are Now Up 54%

Dec 21

What Is GD Express Carrier Bhd's (KLSE:GDEX) Share Price Doing?

Dec 06

How Does GD Express Carrier Bhd's (KLSE:GDEX) CEO Pay Compare With Company Performance?

Nov 21

CEO Compensation Analysis

How has Teck Teong's remuneration changed compared to GDEX Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-RM35m
Sep 30 2023	n/a	n/a	-RM32m
Jun 30 2023	n/a	n/a	-RM30m
Mar 31 2023	n/a	n/a	-RM23m
Dec 31 2022	RM370k	RM276k	-RM17m
Sep 30 2022	n/a	n/a	-RM6m
Jun 30 2022	n/a	n/a	RM10m
Mar 31 2022	n/a	n/a	RM20m
Dec 31 2021	RM433k	RM400k	RM28m
Sep 30 2021	n/a	n/a	RM28m
Jun 30 2021	n/a	n/a	RM26m
Mar 31 2021	n/a	n/a	RM27m
Dec 31 2020	n/a	n/a	RM22m
Sep 30 2020	n/a	n/a	RM21m
Jun 30 2020	RM366k	RM333k	RM19m
Mar 31 2020	n/a	n/a	RM21m
Dec 31 2019	n/a	n/a	RM26m
Sep 30 2019	n/a	n/a	RM31m
Jun 30 2019	RM373k	RM338k	RM32m
Mar 31 2019	n/a	n/a	RM29m
Dec 31 2018	n/a	n/a	RM26m
Sep 30 2018	n/a	n/a	RM22m
Jun 30 2018	RM336k	RM305k	RM24m

Compensation vs Market: Teck's total compensation ($USD78.11K) is below average for companies of similar size in the MY market ($USD167.92K).

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

CEO

Teck Teong (63 yo)

11yrs

Tenure

RM370,400

Compensation

Mr. Teck Lean Teong serves as Managing Director and Group Chief Executive Officer of GD Express Sdn. Bhd. and has been its Executive Director since February 08, 2005.He serves Managing Director and Group...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Teck Teong	Group CEO	11yrs	RM370.40k	2.2% MYR 19.5m
Chee Lim	CFO & Executive Director	10.3yrs	RM384.40k	0.0060% MYR 52.8k
Hui Chong	Chief Operating Officer	5.4yrs	RM330.61k	no data
Mun Foong	Chief Information Officer	1.8yrs	no data	no data
Cho Teoh	Chief Sustainability & Strategy Officer	no data	RM70.99k	no data
Tsag Teong	Head of Business Development	no data	no data	no data
Siew Chia	Company Secretary	1.3yrs	no data	no data
Wai Chin	Company Secretary	1.3yrs	no data	no data

3.6yrs

Average Tenure

44.5yo

Average Age

Experienced Management: GDEX's management team is considered experienced (3.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Teck Teong	Group CEO	19.3yrs	RM370.40k	2.2% MYR 19.5m
Chee Lim	CFO & Executive Director	9.1yrs	RM384.40k	0.0060% MYR 52.8k
Cho Teoh	Chief Sustainability & Strategy Officer	less than a year	RM70.99k	no data
Tsag Teong	Head of Business Development	less than a year	no data	no data
Muhammad Bin Ibrahim	Independent & Non-Executive Chairman	4yrs	RM146.40k	0.042% MYR 368.0k
Yen Shan Yik	Non Independent & Non Executive Director	2.3yrs	no data	no data
Nuraini Ismail	Independent Non-Executive Director	2.3yrs	RM89.60k	no data
Put Chua	Independent Non-Executive Director	4.5yrs	RM90.40k	no data
Ngai Low	Independent Non-Executive Director	5.5yrs	RM88.40k	no data
Azman Bin Mahmud	Independent & Non-Executive Director	2.9yrs	RM82.00k	no data
Yuji Nashimoto	Non Independent Non Executive Director	less than a year	no data	no data

2.9yrs

Average Tenure

58.5yo

Average Age

Experienced Board: GDEX's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.

GDEX Berhad Management

Management criteria checks 3/4

Key information

Recent management updates

GDEX Berhad, Annual General Meeting, Jun 11, 2024

High number of new directors

GDEX Berhad Appoints Yuji Nashimoto as Non Independent and Non Executive Director, Effective February 1, 2024

GDEX Berhad Appoints TEOH CHO MIN as Alternate Executive Director, Effective from January 01, 2024

GDEX Berhad Announces the Resignation of Lee Kah Hin as the Executive Director, Effective from 25 February 2024

GDEX Berhad Announces Resignation of Tan Ai Ning as Company Secretary

Recent updates

First quarter 2024 earnings released: RM0.006 loss per share (vs RM0.001 loss in 1Q 2023)

GDEX Berhad, Annual General Meeting, Jun 11, 2024

Full year 2023 earnings released: RM0.006 loss per share (vs RM0.003 loss in FY 2022)

GDEX Berhad Recommends Final Single-Tier Dividend for the Financial Year Ended 31 December 2023

New major risk - Revenue and earnings growth

High number of new directors

GDEX Berhad Appoints Yuji Nashimoto as Non Independent and Non Executive Director, Effective February 1, 2024

GDEX Berhad Appoints TEOH CHO MIN as Alternate Executive Director, Effective from January 01, 2024

Consensus revenue estimates fall by 17%

GDEX Berhad Announces the Resignation of Lee Kah Hin as the Executive Director, Effective from 25 February 2024

Third quarter 2023 earnings released: RM0.001 loss per share (vs RM0.001 loss in 3Q 2022)

Consensus revenue estimates decrease by 17%

Second quarter 2023 earnings released: RM0.002 loss per share (vs RM0.001 loss in 2Q 2022)

New minor risk - Share price stability

GDEX Berhad Approves the Payment of a Final Single-Tier Dividend in Respect of the Financial Year Ended 31 December 2022

First quarter 2023 earnings released: RM0.001 loss per share (vs RM0 in 1Q 2022)

Full year 2022 earnings released: RM0.003 loss per share (vs RM0.005 profit in FY 2021)

GDEX Berhad Announces Resignation of Tan Ai Ning as Company Secretary

Third quarter 2022 earnings released: RM0.001 loss per share (vs RM0.002 profit in 3Q 2021)

High number of new directors

Now 22% undervalued after recent price drop

Price target decreased to RM0.32

Now 23% undervalued after recent price drop

Now 22% undervalued after recent price drop

GDEX Berhad's (KLSE:GDEX) Returns On Capital Not Reflecting Well On The Business

Second quarter 2022 earnings released: RM0.001 loss per share (vs RM0.001 profit in 2Q 2021)

Time To Worry? Analysts Just Downgraded Their GDEX Berhad (KLSE:GDEX) Outlook

Price target decreased to RM0.38

GDEX Berhad, Annual General Meeting, Jun 07, 2022

High number of new directors

Calculating The Intrinsic Value Of GDEX Berhad (KLSE:GDEX)

Full year 2021 earnings: EPS and revenues exceed analyst expectations

GDEX Berhad Announces Resignation of Tan Sri Muhammad Bin Ibrahim as Independent and Non Executive Member of Nomination and Risk Committee

GDEX Berhad Appoints Yik Yen Shan, Vincent as Non Independent and Non Executive Director

Gdex Berhad Announces Resignation of Lai Tak Loi as Non-Independent Director

GDEX Berhad Announces Appointment of Puan Nuraini Binti Ismail as Chairman of Nomination and Remuneration Committee

Full year 2021 earnings released: EPS RM0.005 (vs RM0.003 in FY 2020)

The Returns On Capital At GDEX Berhad (KLSE:GDEX) Don't Inspire Confidence

Non Independent & Non-Executive Director has left the company

Is It Time To Consider Buying GDEX Berhad (KLSE:GDEX)?

New 90-day low: RM0.36

GDEX Berhad Appoints Tan Seiw Ling as Joint Company Secretary

Joint Company Secretary has left the company

Estimating The Fair Value Of GDEX Berhad (KLSE:GDEX)

Has GDEX Berhad (KLSE:GDEX) Got What It Takes To Become A Multi-Bagger?

GDEX Berhad's (KLSE:GDEX) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?

Are GDEX Berhad's (KLSE:GDEX) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Investors Who Bought GD Express Carrier Bhd (KLSE:GDEX) Shares A Year Ago Are Now Up 54%

Price target raised to RM0.48

What Is GD Express Carrier Bhd's (KLSE:GDEX) Share Price Doing?

First quarter 2021 earnings released: EPS RM0.001

How Does GD Express Carrier Bhd's (KLSE:GDEX) CEO Pay Compare With Company Performance?

New 90-day high: RM0.49

GD Express Carrier Bhd Appoints Chua Put Moy as Member of Remuneration Committee

New 90-day low - RM0.33

Earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age