Tiong Seng Holdings Limited

SGX:BFI Stock Report

Market Cap: S$26.0m

Tiong Seng Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sim Tee Pay

Chief executive officer

S$707.0k

Total compensation

CEO salary percentage99.2%
CEO tenure3.8yrs
CEO ownershipn/a
Management average tenure3.8yrs
Board average tenure8.9yrs

Recent management updates

Recent updates

Does Tiong Seng Holdings (SGX:BFI) Have A Healthy Balance Sheet?

Aug 18
Does Tiong Seng Holdings (SGX:BFI) Have A Healthy Balance Sheet?

Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?

Mar 16
Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?

Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?

Sep 21
Is Tiong Seng Holdings (SGX:BFI) Weighed On By Its Debt Load?

Health Check: How Prudently Does Tiong Seng Holdings (SGX:BFI) Use Debt?

Mar 09
Health Check: How Prudently Does Tiong Seng Holdings (SGX:BFI) Use Debt?

Is Tiong Seng Holdings (SGX:BFI) Using Too Much Debt?

Apr 14
Is Tiong Seng Holdings (SGX:BFI) Using Too Much Debt?

Will the Promising Trends At Tiong Seng Holdings (SGX:BFI) Continue?

Feb 14
Will the Promising Trends At Tiong Seng Holdings (SGX:BFI) Continue?

Tiong Seng Holdings' (SGX:BFI) Stock Price Has Reduced 60% In The Past Three Years

Dec 13
Tiong Seng Holdings' (SGX:BFI) Stock Price Has Reduced 60% In The Past Three Years

CEO Compensation Analysis

How has Sim Tee Pay's remuneration changed compared to Tiong Seng Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-S$12m

Sep 30 2023n/an/a

-S$34m

Jun 30 2023n/an/a

-S$56m

Mar 31 2023n/an/a

-S$71m

Dec 31 2022S$707kS$701k

-S$85m

Sep 30 2022n/an/a

-S$90m

Jun 30 2022n/an/a

-S$96m

Mar 31 2022n/an/a

-S$73m

Dec 31 2021S$693kS$672k

-S$50m

Sep 30 2021n/an/a

-S$36m

Jun 30 2021n/an/a

-S$21m

Mar 31 2021n/an/a

-S$27m

Dec 31 2020n/an/a

-S$32m

Sep 30 2020n/an/a

-S$14m

Jun 30 2020n/an/a

-S$1m

Mar 31 2020n/an/a

S$5m

Dec 31 2019S$568kS$403k

S$11m

Sep 30 2019n/an/a

S$6m

Jun 30 2019n/an/a

S$5m

Mar 31 2019n/an/a

S$5m

Dec 31 2018S$649kS$389k

S$9m

Sep 30 2018n/an/a

S$21m

Jun 30 2018n/an/a

S$31m

Mar 31 2018n/an/a

S$38m

Dec 31 2017S$661kS$370k

S$34m

Compensation vs Market: Sim Tee's total compensation ($USD517.78K) is above average for companies of similar size in the SG market ($USD371.09K).

Compensation vs Earnings: Sim Tee's compensation has increased whilst the company is unprofitable.


CEO

Sim Tee Pay (72 yo)

3.8yrs

Tenure

S$707,000

Compensation

Mr. Sim Tee Pay has been an Executive Director of Tiong Seng Holdings Limited since February 24, 2010 and serves as its Chief Executive Officer since August 1, 2020. Mr. Pay serves as an Executive Directo...


Leadership Team

NamePositionTenureCompensationOwnership
Sim Tee Pay
CEO & Executive Director3.8yrsS$707.00kno data
Zhi Kai Pek
Executive Director2.8yrsS$268.00kno data
Yoke Lin Wun
Chief Financial Officerless than a yearno datano data
Andrew Khng
Head of Administrationno datano data0.36%
SGD 93.5k
Dien Kee Pek
Head of Asset Management14.3yrsno datano data
Foon Kuen Lai
Company Secretary8.8yrsno datano data

3.8yrs

Average Tenure

65.5yo

Average Age

Experienced Management: BFI's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sim Tee Pay
CEO & Executive Director14.3yrsS$707.00kno data
Zhi Kai Pek
Executive Director2.8yrsS$268.00kno data
It Hoe Lee
Non Executive Director14.3yrsS$60.00k0.17%
SGD 45.0k
Ho Pin Teo
Independent Non-Executive Chairman3.6yrsS$60.00kno data
Peng Koon Ang
Independent Non-Executive Director14.3yrsS$60.00k0.060%
SGD 15.6k
Seet Joon Ong
Independent Non-Executive Directorless than a yearno datano data

8.9yrs

Average Tenure

61yo

Average Age

Experienced Board: BFI's board of directors are considered experienced (8.9 years average tenure).


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