Mun Siong Engineering Management

Management criteria checks 2/4

Mun Siong Engineering's CEO is Kian Hui Quek, appointed in Apr 2024, has a tenure of less than a year. total yearly compensation is SGD239.00K, comprised of 96.5% salary and 3.5% bonuses, including company stock and options. directly owns 14.87% of the company’s shares, worth SGD3.02M. The average tenure of the management team and the board of directors is 1.8 years and 7 years respectively.

Key information

Kian Hui Quek

Chief executive officer

S$239.0k

Total compensation

CEO salary percentage	96.5%
CEO tenure	less than a year
CEO ownership	14.9%
Management average tenure	1.8yrs
Board average tenure	7yrs

Recent management updates

Recent updates

Mun Siong Engineering Limited's (SGX:MF6) Popularity With Investors Is Under Threat From Overpricing

Jan 17

We Think Mun Siong Engineering (SGX:MF6) Can Stay On Top Of Its Debt

Apr 26

Mun Siong Engineering's (SGX:MF6) Returns On Capital Not Reflecting Well On The Business

Aug 11

CEO Compensation Analysis

How has Kian Hui Quek's remuneration changed compared to Mun Siong Engineering's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	S$239k	S$231k	-S$3m
Sep 30 2023	n/a	n/a	-S$2m
Jun 30 2023	n/a	n/a	-S$1m
Mar 31 2023	n/a	n/a	-S$352k
Dec 31 2022	S$203k	S$193k	S$371k
Sep 30 2022	n/a	n/a	S$90k
Jun 30 2022	n/a	n/a	-S$192k
Mar 31 2022	n/a	n/a	S$241k
Dec 31 2021	S$188k	S$176k	S$674k
Sep 30 2021	n/a	n/a	S$455k
Jun 30 2021	n/a	n/a	S$235k
Mar 31 2021	n/a	n/a	-S$145k
Dec 31 2020	S$150k	S$144k	-S$526k
Sep 30 2020	n/a	n/a	-S$313k
Jun 30 2020	n/a	n/a	-S$219k
Mar 31 2020	n/a	n/a	S$518k
Dec 31 2019	S$149k	S$143k	S$496k
Sep 30 2019	n/a	n/a	-S$3m
Jun 30 2019	n/a	n/a	-S$4m
Mar 31 2019	n/a	n/a	-S$4m
Dec 31 2018	S$152k	S$145k	-S$4m
Sep 30 2018	n/a	n/a	-S$188k
Jun 30 2018	n/a	n/a	S$798k
Mar 31 2018	n/a	n/a	S$1m
Dec 31 2017	S$165k	S$145k	S$2m

Compensation vs Market: Kian Hui's total compensation ($USD176.75K) is below average for companies of similar size in the SG market ($USD372.79K).

Compensation vs Earnings: Kian Hui's compensation has increased whilst the company is unprofitable.

CEO

Kian Hui Quek (38 yo)

less than a year

Tenure

S$239,000

Compensation

Mr. Kian Hui Quek serves as General Manager of Wing Wah Industrial Services Pte Ltd. He serves as Group Chief Executive Officer at Mun Siong Engineering Limited since April 8, 2024. Mr. Quek has been Deput...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Woei Fen Cheng	Executive Chairlady	42.6yrs	S$254.00k	53.82% SGD 10.9m
Kian Hui Quek	Group CEO & Executive Deputy Chairman of the Board	less than a year	S$239.00k	14.87% SGD 3.0m
Poon Kheng Lim	Group Chief Financial Officer	5.8yrs	no data	0.69% SGD 140.0k
Sean Safavinejad	Group Chief Operating Officer	1.2yrs	no data	no data
John L. Parkinson	Technical Director	7.2yrs	no data	no data
Sio Chiang Chin	Senior Human Resource Manager	2.3yrs	no data	no data
Yan Lin	Senior Director	no data	S$235.01k	1.25% SGD 254.3k
Siew Choo Lim	Company Secretary	less than a year	no data	no data

1.8yrs

Average Tenure

62.5yo

Average Age

Experienced Management: MF6's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Woei Fen Cheng	Executive Chairlady	42.6yrs	S$254.00k	53.82% SGD 10.9m
Kian Hui Quek	Group CEO & Executive Deputy Chairman of the Board	9.9yrs	S$239.00k	14.87% SGD 3.0m
Chao Hsiung Tan	Non-Executive Non-Independent Director	11.6yrs	S$42.00k	no data
Hai Yang Seah	Lead Independent Director	less than a year	no data	no data
Pur-Lin Beh	Non-Executive Independent Director	2.1yrs	S$37.00k	no data
Kai Leong Mah	Non-Executive Independent Director	4.2yrs	S$37.00k	no data

7.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: MF6's board of directors are considered experienced (7 years average tenure).

Mun Siong Engineering Management

Management criteria checks 2/4

Key information

Recent management updates

Mun Siong Engineering Limited, Annual General Meeting, Apr 25, 2024

Mun Siong Engineering Limited Announces Appointment of Seah Hai Yang as Non-Executive Independent Director and Member of the Audit Committee, Nominating Committee, and Remuneration Committee

Mun Siong Engineering Limited Announces Change of Company Secretary

Mun Siong Engineering Limited Announces Retirement of Lau Teik Soon as Non-Executive Independent Director

Mun Siong Engineering Limited Appoints Elaine Beh Pur-Lin as Non-Executive Independent Director and Member of the Audit Committee, Nominating Committee, and Remuneration Committee

Mun Siong Engineering Limited, Annual General Meeting, Apr 22, 2022

Recent updates

Dividend of S$0.0004 announced

Mun Siong Engineering Limited Approves First and Final Dividend Payment for the Financial Year Ended 31 December 2023, Payable on 28 May 2024

Mun Siong Engineering Limited, Annual General Meeting, Apr 25, 2024

Full year 2023 earnings released: S$0.005 loss per share (vs S$0.001 profit in FY 2022)

New minor risk - Financial data availability

Mun Siong Engineering Limited Announces Appointment of Seah Hai Yang as Non-Executive Independent Director and Member of the Audit Committee, Nominating Committee, and Remuneration Committee

Mun Siong Engineering Limited's (SGX:MF6) Popularity With Investors Is Under Threat From Overpricing

Mun Siong Engineering Limited Announces Change of Company Secretary

First half 2023 earnings released: S$0.005 loss per share (vs S$0.002 loss in 1H 2022)

We Think Mun Siong Engineering (SGX:MF6) Can Stay On Top Of Its Debt

Full year 2022 earnings released: EPS: S$0.001 (vs S$0.001 in FY 2021)

Mun Siong Engineering's (SGX:MF6) Returns On Capital Not Reflecting Well On The Business

First half 2022 earnings released

Mun Siong Engineering Limited Announces Retirement of Lau Teik Soon as Non-Executive Independent Director

Here's Why Mun Siong Engineering (SGX:MF6) Can Manage Its Debt Responsibly

Mun Siong Engineering Limited Appoints Elaine Beh Pur-Lin as Non-Executive Independent Director and Member of the Audit Committee, Nominating Committee, and Remuneration Committee

Mun Siong Engineering Limited Approves Special Dividend for the Financial Year Ended 31 December 2021, Payable on 27 May 2022

Mun Siong Engineering Limited Approves Final Tax Exempt One-Tier Cash Dividend for the Financial Year Ended 31 December 2021, Payable on 27 May 2022

Full year 2021 earnings released: EPS: S$0.001 (vs S$0.001 loss in FY 2020)

Mun Siong Engineering Limited, Annual General Meeting, Apr 22, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Mun Siong Engineering Limited Proposes Special Tax Exempt One-Tier Cash Dividend for the Financial Year Ended December 31, 2021

Here's Why Mun Siong Engineering (SGX:MF6) Can Manage Its Debt Responsibly

Capital Allocation Trends At Mun Siong Engineering (SGX:MF6) Aren't Ideal

First half 2021 earnings released: S$0.001 loss per share (vs S$0.002 loss in 1H 2020)

Mun Siong Engineering (SGX:MF6) Has Debt But No Earnings; Should You Worry?

Full year 2020 earnings released: S$0.001 loss per share (vs S$0.001 profit in FY 2019)

Company Secretary has left the company

Is Mun Siong Engineering (SGX:MF6) Weighed On By Its Debt Load?

Full year 2020 earnings released

Mun Siong Engineering Limited Appoints Quek Kian Hui as Deputy Chairman

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age