Hong Leong Finance Management
Management criteria checks 2/4
Hong Leong Finance's CEO is Leng Beng Kwek, appointed in Mar 1979, has a tenure of 45.08 years. total yearly compensation is SGD2.96M, comprised of 37% salary and 63% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth SGD16.54M. The average tenure of the management team and the board of directors is 7.5 years and 4.8 years respectively.
Key information
Leng Beng Kwek
Chief executive officer
S$3.0m
Total compensation
| CEO salary percentage | 37.0% |
| CEO tenure | 45.1yrs |
| CEO ownership | 1.5% |
| Management average tenure | 7.5yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Hong Leong Finance's (SGX:S41) Dividend Will Be SGD0.09
Feb 28
Hong Leong Finance (SGX:S41) Is Paying Out Less In Dividends Than Last Year
Aug 08Is Now The Time To Put Hong Leong Finance (SGX:S41) On Your Watchlist?
May 16Hong Leong Finance (SGX:S41) Will Pay A Dividend Of SGD0.0375
Aug 07Hong Leong Finance (SGX:S41) Will Pay A Larger Dividend Than Last Year At S$0.083
Mar 30Looking For Steady Income For Your Dividend Portfolio? Is Hong Leong Finance Limited (SGX:S41) A Good Fit?
Apr 13Hong Leong Finance's (SGX:S41) Stock Price Has Reduced 11% In The Past Three Years
Mar 04Do Institutions Own Hong Leong Finance Limited (SGX:S41) Shares?
Jan 28
Could Hong Leong Finance Limited (SGX:S41) Have The Makings Of Another Dividend Aristocrat?
Dec 24Hong Leong Finance (SGX:S41) Share Prices Have Dropped 11% In The Last Three Years
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | S$93m |
| Sep 30 2023 | n/a | n/a | S$113m |
| Jun 30 2023 | n/a | n/a | S$132m |
| Mar 31 2023 | n/a | n/a | S$132m |
| Dec 31 2022 | S$3m | S$1m | S$131m |
| Sep 30 2022 | n/a | n/a | S$108m |
| Jun 30 2022 | n/a | n/a | S$85m |
| Mar 31 2022 | n/a | n/a | S$85m |
| Dec 31 2021 | S$2m | S$1m | S$85m |
| Sep 30 2021 | n/a | n/a | S$78m |
| Jun 30 2021 | n/a | n/a | S$72m |
| Mar 31 2021 | n/a | n/a | S$68m |
| Dec 31 2020 | S$2m | S$1m | S$64m |
| Sep 30 2020 | n/a | n/a | S$77m |
| Jun 30 2020 | n/a | n/a | S$87m |
| Mar 31 2020 | n/a | n/a | S$95m |
| Dec 31 2019 | S$3m | S$1m | S$103m |
| Sep 30 2019 | n/a | n/a | S$102m |
| Jun 30 2019 | n/a | n/a | S$115m |
| Mar 31 2019 | n/a | n/a | S$119m |
| Dec 31 2018 | S$2m | S$1m | S$118m |
| Sep 30 2018 | n/a | n/a | S$117m |
| Jun 30 2018 | n/a | n/a | S$104m |
| Mar 31 2018 | n/a | n/a | S$95m |
| Dec 31 2017 | S$2m | S$999k | S$86m |
Compensation vs Market: Leng Beng's total compensation ($USD2.17M) is above average for companies of similar size in the SG market ($USD1.09M).
Compensation vs Earnings: Leng Beng's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Leng Beng Kwek (82 yo)
45.1yrs
Tenure
S$2,957,358
Compensation
Mr. Leng Beng Kwek has been Managing Director of Target Realty Ltd. since February 1, 1979 and has also been its Chairman since November 28, 1984. Mr. Kwek served as Managing Director and Chairman of City...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 45.1yrs | S$2.96m | 1.49% SGD 16.5m | |
| President | 7.5yrs | no data | no data | |
| Chief Financial Officer | 6.2yrs | no data | no data | |
| VP & Head of Corporate Finance | no data | no data | no data | |
| Senior Vice President of Risk Management | no data | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Credit Control | no data | no data | no data | |
| Senior Vice President of Corporate & Consumer Business | no data | no data | no data | |
| Senior Vice President of Corporate & Consumer Business | no data | no data | no data | |
| Senior Vice President of Information Technology & Operations | no data | no data | no data | |
| Senior Vice President of Operations | no data | no data | no data | |
| Company Secretary | no data | no data | no data |
7.5yrs
Average Tenure
Experienced Management: S41's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & MD | 45.1yrs | S$2.96m | 1.49% SGD 16.5m | |
| Non-Executive & Non-Independent Director | 26.3yrs | S$138.00k | 0.12% SGD 1.3m | |
| Non-Executive & Non-Independent Director | 22.6yrs | S$75.00k | 0.36% SGD 4.0m | |
| Non-Executive & Non-Independent Director | 7.5yrs | S$121.00k | 0.14% SGD 1.6m | |
| Non-Executive & Independent Director | less than a year | no data | no data | |
| Independent Non-Executive Director | 3.7yrs | S$115.00k | no data | |
| Non-Executive & Independent Director | 4.8yrs | S$195.00k | no data | |
| Non-Executive & Independent Director | 4.8yrs | S$172.00k | no data | |
| Non-Executive & Lead Independent Director | 4.8yrs | S$219.00k | no data | |
| Independent Non-Executive Director | 2.3yrs | S$154.00k | no data |
4.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: S41's board of directors are considered experienced (4.8 years average tenure).