VCPlus Management

Management criteria checks 1/4

VCPlus' CEO is Clarence Chong, appointed in Apr 2021, has a tenure of less than a year. directly owns 0.35% of the company’s shares, worth SGD52.50K. The average tenure of the management team and the board of directors is 2.5 years and 0.5 years respectively.

Key information

Clarence Chong

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3yrs
CEO ownership	0.3%
Management average tenure	2.5yrs
Board average tenure	less than a year

Recent management updates

Recent updates

CEO

Clarence Chong (46 yo)

3yrs

Tenure

Mr. Heng Loong Chong, also known as Clarence, serves as Chief Executive Officer at VCPlus Limited since April 1, 2021 and serves as its Executive Director since October 02, 2023. He served as Chief Financi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heng Chong	CEO & Executive Director	3yrs	no data	0.35% SGD 52.5k
Lee Mui Tan	Financial Controller & Accountant	2.2yrs	no data	no data
Kang Koh	Operation Manager	4.7yrs	no data	no data
Kun Hao Yap	Head of APEC Solutions	1.9yrs	no data	2.4% SGD 360.5k
Zhengming Tang	Executive Director	less than a year	no data	4% SGD 600.0k
Lin Yang	Company Secretary	2.5yrs	no data	no data
Ngee Fan	Consultant	5.1yrs	no data	no data

2.5yrs

Average Tenure

49yo

Average Age

Experienced Management: 43E's management team is considered experienced (2.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Heng Chong	CEO & Executive Director	less than a year	no data	0.35% SGD 52.5k
Zhengming Tang	Executive Director	less than a year	no data	4% SGD 600.0k
Kim Lian Lee	Independent Director	3.3yrs	no data	no data
Gavin McIntyre	Independent Director	7.2yrs	no data	no data
Ser Miang Chua	Independent Non-Executive Chairman & Lead Independent Director	3.3yrs	no data	no data
Choon Yi Ong	Independent Director	less than a year	no data	no data
Thomas Chun Pai	Non-Executive Non-Independent Director	less than a year	no data	no data

0.5yrs

Average Tenure

54yo

Average Age

Experienced Board: 43E's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.

VCPlus Management

Management criteria checks 1/4

Key information

Recent management updates

VCPlus Limited, Annual General Meeting, Apr 26, 2024

VCPlus Limited Announces Appointment of Ms Tang Zhengming as Executive Director

High number of new directors

Vcplus Limited Appoints Thomas Chun Pai as Non-Executive Non-Independent Director

VCPlus Limited Appoints Ong Choon Yi as Independent Director

High number of new and inexperienced directors

Recent updates

VCPlus Limited, Annual General Meeting, Apr 26, 2024

New major risk - Financial position

Full year 2023 earnings released: EPS: S$0 (vs S$0.001 loss in FY 2022)

VCPlus Limited Announces Appointment of Ms Tang Zhengming as Executive Director

New minor risk - Financial data availability

New major risk - Market cap size

VCPlus Limited has filed a Follow-on Equity Offering in the amount of SGD 6.66 million.

New major risk - Market cap size

High number of new directors

Vcplus Limited Appoints Thomas Chun Pai as Non-Executive Non-Independent Director

VCPlus Limited Appoints Ong Choon Yi as Independent Director

High number of new and inexperienced directors

New major risk - Financial position

VCPlus Limited (Catalist:43E) completed the acquisition of remaining 45% stake in Custody Plus Pte. Ltd from CapitalX Global Limited, Desmond Tan Ghee Teong, Hong Eng Leong Jeffrey, One Light Holdings Pte. Ltd., Foo Kok Chye and Yip Chee Hoong.

VCPlus Limited (Catalist:43E) agreed to acquire remaining 45% stake in Custody Plus Pte. Ltd from CapitalX Global Limited, Desmond Tan Ghee Teong, Hong Eng Leong Jeffrey, One Light Holdings Pte. Ltd., Foo Kok Chye and Yip Chee Hoong for SGD 0.3 million.

Full year 2022 earnings released: S$0.001 loss per share (vs S$0.001 loss in FY 2021)

VCPlus Limited Announces the Appointment of Tan Lee Mui as the Financial Controller

VCPlus Limited Announces Resignation of Lim Chiau Woei as Managing Director

First half 2022 earnings released

Full year 2021 earnings released: RM0.002 loss per share (vs RM0.006 loss in FY 2020)

VCPlus Limited, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

MD & Director recently sold S$2.7m worth of stock

Joint Company Secretary Beng Ong has left the company

Joint Company Secretary Swee Tan has left the company

VCPlus Limited (Catalist:43E) entered into an agreement to acquire APEC Solutions Pte. Ltd. from Cedric Yap Kun Hao for SGD 4.3 million.

VCPlus Limited has completed a Follow-on Equity Offering in the amount of SGD 2.6756 million.

Anchor Resources Limited Appoints Lim Beng Chew as Executive Director

Anchor Resources Limited Announces Executive Changes

Anchor Resources Limited Announces Executive Changes

Anchor Resources Limited Announces Resignation of Ch'ng Li-Ling as Independent Director

Anchor Resources Limited Announces Resignation of Chan Koon Mong as Executive Director

Anchor Resources Limited Appoints Chua Ser Miang as Independent Director

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age