Sin-Kung Logistics Berhad

KLSE:SINKUNG Stock Report

Market Cap: RM 216.0m

Sin-Kung Logistics Berhad Management

Management criteria checks 1/4

Sin-Kung Logistics Berhad's CEO is Alan Ong, appointed in Jan 2015, has a tenure of 9.75 years. total yearly compensation is MYR753.00K, comprised of 85.7% salary and 14.3% bonuses, including company stock and options. directly owns 29.8% of the company’s shares, worth MYR64.37M. The average tenure of the management team and the board of directors is 2.5 years and 2.2 years respectively.

Key information

Alan Ong

Chief executive officer

RM 753.0k

Total compensation

CEO salary percentage85.7%
CEO tenure9.8yrs
CEO ownership29.8%
Management average tenure2.5yrs
Board average tenure2.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alan Ong's remuneration changed compared to Sin-Kung Logistics Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023RM 753kRM 645k

RM 6m

Dec 31 2022RM 540kRM 480k

RM 12m

Dec 31 2021RM 264kRM 240k

RM 14m

Compensation vs Market: Alan's total compensation ($USD180.72K) is above average for companies of similar size in the MY market ($USD114.74K).

Compensation vs Earnings: Alan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Alan Ong (40 yo)

9.8yrs

Tenure

RM 753,000

Compensation

Mr. Lay Wooi Ong, also known as Alan, is Managing Director of Sin-kung Logistics Berhad from 2015 and serves as its Director since February 11, 2003. In 2002, he completed his STPM in Sekolah Menengah Keba...


Leadership Team

NamePositionTenureCompensationOwnership
Lay Ong
MD & Director9.8yrsRM 753.00k29.8%
MYR 64.4m
Pei Tan
Finance Manager & CFO2.8yrsno data0.013%
MYR 27.7k
Lay Shee Ong
Executive Directorno dataRM 450.00k14.9%
MYR 32.2m
Lay Suen Ong
Executive Directorno dataRM 319.00kno data
Chee Ang
Joint Company Secretaryno datano datano data
Ai See
Financial Controller1.1yrsno data0.013%
MYR 27.7k
Lay Ling Ong
General Manager2.2yrsno datano data
Yit Hwa Ong
Deputy General Manager of Northern Regionno datano data0.063%
MYR 135.0k

2.5yrs

Average Tenure

33yo

Average Age

Experienced Management: SINKUNG's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Lay Ong
MD & Director21.7yrsRM 753.00k29.8%
MYR 64.4m
Lay Shee Ong
Executive Director11.5yrsRM 450.00k14.9%
MYR 32.2m
Lay Suen Ong
Executive Director2.2yrsRM 319.00kno data
Soo Mooi Tan
Independent Non-Executive Chairwoman2.2yrsRM 37.00k0.033%
MYR 72.0k
Lean Lee
Independent Non-Executive Director2.2yrsRM 14.00k0.19%
MYR 405.0k
Md. Bin Pardi
Non-Independent Non-Executive Director2.9yrsRM 81.00k0.21%
MYR 450.0k
Mohamad Bin Dalib
Independent Non-Executive Director2.2yrsRM 37.00k0.0042%
MYR 9.0k
Abdul Bin Abdullah
Independent Non-Executive Director2.2yrsRM 14.00k0.0042%
MYR 9.0k
Muralidharan Bin Abdullah
Independent Non-Executive Director2.2yrsRM 37.00k0.042%
MYR 90.0k

2.2yrs

Average Tenure

57yo

Average Age

Experienced Board: SINKUNG's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.