MREIT Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Kevin Andrew Tan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	no data
CEO ownership	0.4%
Management average tenure	no data
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO

Kevin Andrew Tan (44 yo)

no data

Tenure

Mr. Kevin Andrew L. Tan is Transaction Advisor (Tap Member) of Growtheum Capital Partners Pte. Ltd. Mr. Tan serves as President and Chief Executive Officer at MREIT Inc. Mr. Tan has been Chief Executive Of...

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Andrew Tan	President	no data	no data	0.36% ₱ 132.9m
Sergio Ortiz-Luis	Lead Independent Director	3.4yrs	no data	0.000040% ₱ 14.9k
Katherine Tan	Director	no data	no data	0.000040% ₱ 14.9k
Francisco Canuto	Chairman	no data	no data	0.000040% ₱ 14.9k
Lourdes Gutierrez-Alfonso	Director	no data	no data	0.000040% ₱ 14.9k
Antonio Llantada	Independent Director	3.3yrs	no data	0.000040% ₱ 14.9k
Jesus Varela	Independent Director	3.4yrs	no data	0.000040% ₱ 14.9k
Sadie Malim	Director	less than a year	no data	no data

3.4yrs

Average Tenure

67yo

Average Age

Experienced Board: MREIT's board of directors are considered experienced (3.4 years average tenure).

MREIT Management

Management criteria checks 1/4

Key information

Recent management updates

MREIT Ltd Announces the Appointment of Sadie Joanna Malim as Director

MREIT, Inc. Announces Resignation of Englebert G. Teh as Chief Financial Officer, Effective 16 May 2024

MREIT, Inc., Annual General Meeting, Jun 26, 2024

MREIT, Inc. Announces Executive Changes

Less than half of directors are independent

MREIT, Inc. Announces Executive Changes

Recent updates

Now 21% undervalued

First quarter dividend of ₱0.25 announced

MREIT Ltd Announces the Appointment of Sadie Joanna Malim as Director

MREIT, Inc. Announces Resignation of Englebert G. Teh as Chief Financial Officer, Effective 16 May 2024

Fourth quarter dividend reduced to ₱0.25

MREIT, Inc., Annual General Meeting, Jun 26, 2024

Price target decreased by 8.2% to ₱16.03

Upcoming dividend of ₱0.25 per share

Full year 2023 earnings released: EPS: ₱0.06 (vs ₱0.07 loss in FY 2022)

Upcoming dividend of ₱0.25 per share at 8.1% yield

Third quarter 2023 earnings released: EPS: ₱0.26 (vs ₱0.25 in 3Q 2022)

MREIT, Inc. Announces Executive Changes

Now 27% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: ₱0.28 (vs ₱0.27 in 2Q 2022)

Price target decreased by 16% to ₱17.40

Upcoming dividend of ₱0.25 per share at 6.7% yield

Less than half of directors are independent

Upcoming dividend of ₱0.24 per share

MREIT, Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on February 15, 2023

MREIT, Inc. Declares Dividend for the Fourth Quarter of 2022, Payable on February 15, 2023

MREIT, Inc. Announces Executive Changes

Investor sentiment improved over the past week

Less than half of directors are independent

Mreit, Inc. Approves the Declaration of Dividends for the Second Quarter of 2022

Less than half of directors are independent

MREIT, Inc. Declares Dividends for the First Quarter of 2022, Payable on May 31, 2022

Less than half of directors are independent

MREIT, Inc. (PSE:MREIT) agreed to acquire Four Prime, Grade A, Office Properties in PEZA-Accredited Zones for PHP 4.9 billion.

MREIT, Inc., Annual General Meeting, May 27, 2022

MREIT, Inc. Declares Dividend for the Fourth Quarter of 2021, Payable on March 31, 2022

CEO

Tenure

Board Members

Average Tenure

Average Age