Tiong Seng Holdings Limited

SGX:BFI Stock Report

Market Cap: S$38.7m

Tiong Seng Holdings Management

Management criteria checks 2/4

Tiong Seng Holdings' CEO is Lian Guan Pek, appointed in Aug 2025, has a tenure of less than a year. directly owns 0.33% of the company’s shares, worth SGD126.41K. The average tenure of the management team and the board of directors is 4.3 years and 2.4 years respectively.

Key information

Lian Guan Pek

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.3%
Management average tenure4.3yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

Tiong Seng Holdings (SGX:BFI) Has More To Do To Multiply In Value Going Forward

Dec 17
Tiong Seng Holdings (SGX:BFI) Has More To Do To Multiply In Value Going Forward

Statutory Earnings May Not Be The Best Way To Understand Tiong Seng Holdings' (SGX:BFI) True Position

Aug 19
Statutory Earnings May Not Be The Best Way To Understand Tiong Seng Holdings' (SGX:BFI) True Position

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

Jun 04
Does Tiong Seng Holdings (SGX:BFI) Have A Healthy Balance Sheet?

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 Lian Guan Pek's remuneration changed compared to Tiong Seng Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-S$21m

Mar 31 2025n/an/a

-S$9m

Dec 31 2024n/an/a

S$3m

Sep 30 2024n/an/a

S$6m

Jun 30 2024n/an/a

S$8m

Mar 31 2024n/an/a

-S$2m

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 2022n/an/a

-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 2021n/an/a

-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 2020S$772kS$442k

-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$1mS$687k

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$640kS$614k

S$9m

Compensation vs Market: Insufficient data to establish whether Lian Guan's total compensation is reasonable compared to companies of similar size in the SG market.

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

CEO

Lian Guan Pek (60 yo)

less than a year
Tenure
S$771,816
Compensation

Mr. Lian Guan Pek is CEO & Executive Director of Tiong Seng Holdings Limited from August 5, 2025. Mr. Pek previously was the Chief Executive Officer of Tiong Seng Holdings Limited since 2010 until July 31,...

Leadership Team

NamePositionTenureCompensationOwnership
Zhi Kai Pek
Executive Director4.3yrsS$341.00kno data
Lian Guan Pek
CEO & Executive Directorless than a yearS$771.82k0.33%
SGD 126.4k
Wei Jet Ng
Chief Financial Officerless than a yearno datano data
Andrew Khng
Head of Administrationno datano data0.34%
SGD 133.1k
Dien Kee Pek
Head of Asset Management15.8yrsno datano data
Jin Wui Lim
Executive Director of Tiong Seng Engineering Solutions Pte. Ltdno datano datano data
Chee Hwa Lim
Executive Director of Tiong Seng Contractors Pte Ltdno datano datano data
Foon Kuen Lai
Company Secretary10.3yrsno datano data
4.3yrs
Average Tenure
62yo
Average Age

Experienced Management: BFI's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Zhi Kai Pek
Executive Director4.3yrsS$341.00kno data
Lian Guan Pek
CEO & Executive Directorless than a yearS$771.82k0.33%
SGD 126.4k
Jin Wui Lim
Executive Director of Tiong Seng Engineering Solutions Pte. Ltdno datano datano data
Chee Hwa Lim
Executive Director of Tiong Seng Contractors Pte Ltdno datano datano data
Ho Pin Teo
Independent Non-Executive Chairman5.1yrsS$80.00kno data
Sim Tee Pay
Executive Director15.8yrsS$645.00kno data
Seet Joon Ong
Independent Non-Executive Director2.4yrsS$60.00kno data
Kim Beng Ng
Independent Non-Executive Director1.4yrsS$35.00kno data
Yew Lee
Non-Executive Non-Independent Director1yrS$8.00kno data
2.4yrs
Average Tenure
60yo
Average Age

Experienced Board: BFI's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/18 21:55
End of Day Share Price 2025/11/18 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tiong Seng Holdings Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lee Keng LingDBS Bank Ltd