Tiong Seng Holdings Limited

SGX:BFI Stock Report

Market Cap: S$40.1m

Tiong Seng Holdings Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Sim Tee Pay

Chief executive officer

S$792.0k

Total compensation

CEO salary percentage88.0%
CEO tenure4.3yrs
CEO ownershipn/a
Management average tenure4.3yrs
Board average tenure3.4yrs

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 Sim Tee Pay's remuneration changed compared to Tiong Seng Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

S$8m

Mar 31 2024n/an/a

-S$2m

Dec 31 2023S$792kS$697k

-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 ($USD584.44K) is above average for companies of similar size in the SG market ($USD374.87K).

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

CEO

Sim Tee Pay (73 yo)

4.3yrs

Tenure

S$792,000

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 Director4.3yrsS$792.00kno data
Zhi Kai Pek
Executive Director3.4yrsS$345.42kno data
Yoke Lin Wun
Chief Financial Officer1.3yrsno datano data
Andrew Khng
Head of Administrationno datano data0.36%
SGD 144.2k
Dien Kee Pek
Head of Asset Management14.9yrsno 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 Secretary9.4yrsno datano data

4.3yrs

Average Tenure

66.5yo

Average Age

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

Board Members

NamePositionTenureCompensationOwnership
Sim Tee Pay
CEO & Executive Director14.8yrsS$792.00kno data
Zhi Kai Pek
Executive Director3.4yrsS$345.42kno 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
Ho Pin Teo
Independent Non-Executive Chairman4.2yrsS$70.00kno data
Kim Beng Ng
Independent Non-Executive Directorless than a yearno datano data
Yew Lee
Non-Executive Non-Independent Directorless than a yearno datano data

3.4yrs

Average Tenure

64yo

Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 03:31
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Tiong Seng Holdings Limited is covered by 2 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
Derek TanDBS Vickers Research