Seatrium Management

Management criteria checks 1/4

Seatrium's CEO is Chris Ong, appointed in Feb 2023, has a tenure of 1.17 years. total yearly compensation is SGD1.87M, comprised of 36.1% salary and 63.9% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth SGD839.66K. The average tenure of the management team and the board of directors is 1.2 years and 1.2 years respectively.

Key information

Chris Ong

Chief executive officer

S$1.9m

Total compensation

CEO salary percentage	36.1%
CEO tenure	1.2yrs
CEO ownership	0.01%
Management average tenure	1.2yrs
Board average tenure	1.2yrs

Recent management updates

Recent updates

An Intrinsic Calculation For Seatrium Limited (SGX:S51) Suggests It's 48% Undervalued

Sep 23

At S$0.20, Is It Time To Put Sembcorp Marine Ltd (SGX:S51) On Your Watch List?

May 11

Sembcorp Marine Ltd (SGX:S51) Shares Could Be 21% Below Their Intrinsic Value Estimate

Mar 30

Health Check: How Prudently Does Sembcorp Marine (SGX:S51) Use Debt?

Feb 23

At S$0.15, Is Sembcorp Marine Ltd (SGX:S51) Worth Looking At Closely?

Jan 05

CEO Compensation Analysis

How has Chris Ong's remuneration changed compared to Seatrium's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	S$2m	S$675k	-S$2b

Compensation vs Market: Chris's total compensation ($USD1.37M) is about average for companies of similar size in the SG market ($USD1.39M).

Compensation vs Earnings: Insufficient data to compare Chris's compensation with company performance.

CEO

Chris Ong (48 yo)

1.2yrs

Tenure

S$1,872,000

Compensation

Mr. Leng Yeow Ong, also known as Chris, serves as Chief Executive Officer & Executive Director of Seatrium Limited (formerly known as Sembcorp Marine Ltd) since February 28, 2023. He was Chief Executive Of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Leng Yeow Ong	CEO & Executive Director	1.2yrs	S$1.87m	0.014% SGD 839.7k
Wei Ann Teng	Chief Financial Officer	less than a year	no data	no data
How Jat Chor	Chief Operating Officer	1.1yrs	no data	0.0078% SGD 476.6k
Aziz Amirali Merchant	Executive Vice President of Engineering and Technology & New Product Development	no data	no data	no data
Mun Yuen Chua	Head of Investor Relations & Corporate Communications	no data	no data	no data
Lee Hwa Looi	General Counsel & Company Secretary	less than a year	no data	no data
Wang Huiping	Assistant Vice President of Marketing	no data	no data	no data
Lee Chay Hoon	Chief People Officer	no data	no data	no data
William Gu	Executive Vice President of Oil & Gas - International	8.8yrs	S$433.00k	no data
Royce Lim	Head of Supply Chain	6.8yrs	no data	no data
Samuel Wong	Executive Vice President of Fixed Platforms	6.8yrs	no data	no data
Alvin Gan	Executive Vice President of Ship Repairs & Upgrades	no data	no data	no data

1.2yrs

Average Tenure

55yo

Average Age

Experienced Management: S51's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Leng Yeow Ong	CEO & Executive Director	1.2yrs	S$1.87m	0.014% SGD 839.7k
Mark Gainsborough	Independent Chairman	1.2yrs	S$500.00k	no data
Nagi Adel Hamiyeh	Non-Executive & Non-Independent Director	1.2yrs	S$174.00k	no data
Chee Keong Yap	Independent Non-Executive Deputy Chairman	2.3yrs	S$710.00k	0.0031% SGD 185.2k
Chung Han Lai	Independent Director	1.2yrs	S$160.00k	no data
Jan Holm	Independent Director	1.2yrs	S$205.00k	no data
Mariel von Schumann	Independent Director	less than a year	S$55.00k	no data
Astrid Skarheim Onsum	Independent Non-Executive Director	less than a year	S$82.00k	no data
Ieda Yell	Additional Independent Director	less than a year	S$156.00k	no data
Sarjit Gill	Independent Director	less than a year	S$87.00k	0.0011% SGD 66.2k

1.2yrs

Average Tenure

54yo

Average Age

Experienced Board: S51's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.

Seatrium Management

Management criteria checks 1/4

Key information

Recent management updates

Seatrium Limited, Annual General Meeting, Apr 26, 2024

Seatrium Limited Announces Changes to Board Committees

Seatrium Limited Announces Resignation of Kem Huey Lee Sharon as Joint Company Secretary, Effective 31 December 2023

Seatrium Limited Announces Appointment of Teng Wei Ann Adrian as CFO

Seatrium Limited Announces Appointment of Ms Looi Lee Hwa as Joint Company Secretary

Seatrium Limited Announces Appointment of Mariel Von Schumann as Non-Executive and Independent Director, Member of the Corporate Social Responsibility Committee and Member of the Transformation Committee, Effective October 01, 2023

Recent updates

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Seatrium Limited, Annual General Meeting, Apr 26, 2024

Pinning Down Seatrium Limited's (SGX:S51) P/S Is Difficult Right Now

Seatrium Limited Announces Changes to Board Committees

Price target decreased by 8.2% to S$0.15

Seatrium Limited to Report Fiscal Year 2023 Results on Feb 26, 2024

Are Investors Undervaluing Seatrium Limited (SGX:S51) By 47%?

Seatrium Limited Announces Resignation of Kem Huey Lee Sharon as Joint Company Secretary, Effective 31 December 2023

Seatrium Limited Announces Appointment of Teng Wei Ann Adrian as CFO

Does Seatrium (SGX:S51) Have A Healthy Balance Sheet?

Seatrium Limited Announces Appointment of Ms Looi Lee Hwa as Joint Company Secretary

Seatrium Limited to Report Q3, 2023 Results on Nov 08, 2023

Seatrium Limited Announces Appointment of Mariel Von Schumann as Non-Executive and Independent Director, Member of the Corporate Social Responsibility Committee and Member of the Transformation Committee, Effective October 01, 2023

An Intrinsic Calculation For Seatrium Limited (SGX:S51) Suggests It's 48% Undervalued

Seatrium Limited Appoints Astrid Skarheim Onsum as Independent Director, Effective September 1, 2023

Seatrium Limited Provides Earnings Guidance for the Year 2023

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

Seatrium Limited Announces the Resignation of Tan Yah Sze as Joint Company Secretary

Seatrium Limited to Report First Half, 2023 Results on Jul 28, 2023

Price target increased by 11% to S$0.17

Seatrium Limited Appoints Mr. Sarjit Singh Gill as A Director from 1 June 2023

Consensus EPS estimates upgraded to S$0.0008 loss, revenue downgraded

No longer forecast to breakeven

Price target decreased by 7.7% to S$0.13

Price target increased by 8.2% to S$0.15

Consensus EPS estimates fall by 49%, revenue upgraded

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Price target increased by 7.1% to S$0.14

High number of new directors

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Sembcorp Marine Ltd to Report Fiscal Year 2022 Results on Feb 28, 2023

Price target increased to S$0.14

Price target increased to S$0.14

Forecast to breakeven in 2024

Sembcorp Marine Ltd Provides Earnings Guidance for the Second Half of 2022

Price target increased to S$0.12

Sembcorp Marine Ltd to Report Q3, 2022 Results on Nov 15, 2022

Price target increased to S$0.12

Consensus forecasts updated

First half 2022 earnings released

Sembcorp Marine Ltd to Report First Half, 2022 Results on Aug 12, 2022

Sembcorp Marine Ltd to Report Q1, 2022 Results on May 18, 2022

Insufficient new directors

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Sembcorp Marine Ltd Announces Board and Committee Changes

Consensus forecasts updated

No longer forecast to breakeven

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Sembcorp Marine Ltd to Report Fiscal Year 2021 Results on Feb 25, 2022

Sembcorp Marine Ltd to Report Fiscal Year 2021 Results on Feb 25, 2022

Insufficient new directors

Forecast to breakeven in 2024

Price target decreased to S$0.086

Startree Investments Pte Ltd offered to acquire remaining 53.39% stake in Sembcorp Marine Ltd (SGX:S51) from Morgan Stanley Asia (Singapore) Pte. and others for SGD 1.3 billion.

First half 2021 earnings released: S$0.052 loss per share (vs S$0.092 loss in 1H 2020)

Price target decreased to S$0.16

Insider recently sold S$52k worth of stock

Insider recently sold S$52k worth of stock

Keppel Corp and Sembcorp Marine Explore a Potential Tie-Up

At S$0.20, Is It Time To Put Sembcorp Marine Ltd (SGX:S51) On Your Watch List?

Price target increased to S$0.16

Full year 2020 earnings released: S$0.11 loss per share (vs S$0.063 loss in FY 2019)

Sembcorp Marine Ltd (SGX:S51) Shares Could Be 21% Below Their Intrinsic Value Estimate

Price target decreased to S$0.14

Earnings beat expectations, revenue disappoints

Sembcorp Marine Ltd Announces Executive Changes

Health Check: How Prudently Does Sembcorp Marine (SGX:S51) Use Debt?

Full year 2020 earnings released: S$0.11 loss per share (vs S$0.066 loss in FY 2019)

Sembcorp Marine Ltd to Report Fiscal Year 2020 Results on Feb 26, 2021