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	1.1yrs
Board average tenure	3yrs

Recent management updates

Recent updates

CEO

Kevin Andrew Tan (43 yo)

no data

Tenure

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

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Andrew Tan	President	no data	no data	0.36% ₱ 129.9m
Englebert Teh	Chief Financial Officer	2.4yrs	no data	no data
Caroline Kabigting	Investor Relations Officer	1.1yrs	no data	no data
Krizelle Marie Poblacion	Compliance Officer	less than a year	no data	no data
Ma. Alvarez	Chief Legal Consultant	no data	no data	no data
Maria Carla Uykim	Corporate Secretary	no data	no data	no data
Giovanni Ng	Treasurer	no data	no data	no data

1.1yrs

Average Tenure

44.5yo

Average Age

Experienced Management: MREIT's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Andrew Tan	President	no data	no data	0.36% ₱ 129.9m
Sergio Ortiz-Luis	Lead Independent Director	3yrs	no data	0.000040% ₱ 14.5k
Katherine Tan	Director	no data	no data	0.000040% ₱ 14.5k
Francisco Canuto	Chairman	no data	no data	0.000040% ₱ 14.5k
Lourdes Gutierrez-Alfonso	Director	no data	no data	0.000040% ₱ 14.5k
Antonio Llantada	Independent Director	2.9yrs	no data	0.000040% ₱ 14.5k
Jesus Varela	Independent Director	3yrs	no data	0.000040% ₱ 14.5k

3.0yrs

Average Tenure

66yo

Average Age

Experienced Board: MREIT's board of directors are considered experienced (3 years average tenure).

MREIT Management

Management criteria checks 1/4

Key information

Recent management updates

MREIT, Inc. Announces Executive Changes

Less than half of directors are independent

MREIT, Inc. Announces Executive Changes

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

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

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age