AF Global Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Yue Kai Chay
Chief executive officer
S$639.3k
Total compensation
| CEO salary percentage | 51.00% |
| CEO tenure | 10.2yrs |
| CEO ownership | n/a |
| Management average tenure | no data |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
Is AF Global (SGX:L38) A Risky Investment?
Nov 01
Market Participants Recognise AF Global Limited's (SGX:L38) Revenues Pushing Shares 27% Higher
Jul 29There May Be Underlying Issues With The Quality Of AF Global's (SGX:L38) Earnings
Apr 18Return Trends At AF Global (SGX:L38) Aren't Appealing
Nov 02Health Check: How Prudently Does AF Global (SGX:L38) Use Debt?
Oct 17Is AF Global (SGX:L38) Weighed On By Its Debt Load?
May 31Health Check: How Prudently Does AF Global (SGX:L38) Use Debt?
Apr 09What Type Of Returns Would AF Global's (SGX:L38) Shareholders Have Received Over The Course Of The Last Three Years?
Feb 15Calculating The Intrinsic Value Of AF Global Limited (SGX:L38)
Dec 24
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | S$639k | S$326k | -S$3m |
Compensation vs Market: Yue Kai's total compensation ($USD497.74K) is about average for companies of similar size in the SG market ($USD393.98K).
Compensation vs Earnings: Insufficient data to compare Yue Kai's compensation with company performance.
CEO
Yue Kai Chay (69 yo)
Mr. Yue Kai Chay has been the Chief Executive Officer and Executive Director of AF Global Limited (formerly LCD Global Investments Ltd) since April 2, 2015. Mr. Chay served as the Head of Real Estate Devel...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 10.2yrs | S$639.34k | no data | |
| Independent & Non-Executive Director | 8.9yrs | S$52.00k | no data | |
| Non-Independent Non-Executive Chairman | 10.3yrs | S$23.00k | 31.83% SGD 22.5m | |
| Lead Independent Non-Executive Director | 2.3yrs | S$65.73k | no data | |
| Non-Independent Non-Executive Director | 10.3yrs | S$23.00k | 0.048% SGD 33.9k | |
| Non-Executive & Independent Director | 1.3yrs | S$47.60k | 0.0042% SGD 3.0k |
Experienced Board: L38's board of directors are considered experienced (9.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/05 21:02 |
| End of Day Share Price | 2025/06/05 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
AF Global 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.
| Analyst | Institution |
|---|---|
| Wilson Liew | Maybank Research Pte. Ltd. |