Hong Leong Finance Management

Management criteria checks 3/4

Hong Leong Finance's CEO is Leng Beng Kwek, appointed in Mar 1979, has a tenure of 45.67 years. total yearly compensation is SGD2.97M, comprised of 38% salary and 62% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth SGD16.14M. The average tenure of the management team and the board of directors is 8.1 years and 5.4 years respectively.

Key information

Leng Beng Kwek

Chief executive officer

S$3.0m

Total compensation

CEO salary percentage38.0%
CEO tenure45.7yrs
CEO ownership1.5%
Management average tenure8.1yrs
Board average tenure5.4yrs

Recent management updates

Recent updates

Hong Leong Finance's (SGX:S41) Dividend Will Be SGD0.09

Feb 28
Hong Leong Finance's (SGX:S41) Dividend Will Be SGD0.09

Hong Leong Finance (SGX:S41) Is Paying Out Less In Dividends Than Last Year

Aug 08
Hong Leong Finance (SGX:S41) Is Paying Out Less In Dividends Than Last Year

Is Now The Time To Put Hong Leong Finance (SGX:S41) On Your Watchlist?

May 16
Is Now The Time To Put Hong Leong Finance (SGX:S41) On Your Watchlist?

Hong Leong Finance (SGX:S41) Will Pay A Dividend Of SGD0.0375

Aug 07
Hong Leong Finance (SGX:S41) Will Pay A Dividend Of SGD0.0375

Hong Leong Finance (SGX:S41) Will Pay A Larger Dividend Than Last Year At S$0.083

Mar 30
Hong Leong Finance (SGX:S41) Will Pay A Larger Dividend Than Last Year At S$0.083

Looking For Steady Income For Your Dividend Portfolio? Is Hong Leong Finance Limited (SGX:S41) A Good Fit?

Apr 13
Looking For Steady Income For Your Dividend Portfolio? Is Hong Leong Finance Limited (SGX:S41) A Good Fit?

Hong Leong Finance's (SGX:S41) Stock Price Has Reduced 11% In The Past Three Years

Mar 04
Hong Leong Finance's (SGX:S41) Stock Price Has Reduced 11% In The Past Three Years

Do Institutions Own Hong Leong Finance Limited (SGX:S41) Shares?

Jan 28
Do Institutions Own Hong Leong Finance Limited (SGX:S41) Shares?

Could Hong Leong Finance Limited (SGX:S41) Have The Makings Of Another Dividend Aristocrat?

Dec 24
Could Hong Leong Finance Limited (SGX:S41) Have The Makings Of Another Dividend Aristocrat?

Hong Leong Finance (SGX:S41) Share Prices Have Dropped 11% In The Last Three Years

Nov 24
Hong Leong Finance (SGX:S41) Share Prices Have Dropped 11% In The Last Three Years

CEO Compensation Analysis

How has Leng Beng Kwek's remuneration changed compared to Hong Leong Finance's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

S$99m

Mar 31 2024n/an/a

S$96m

Dec 31 2023S$3mS$1m

S$93m

Sep 30 2023n/an/a

S$113m

Jun 30 2023n/an/a

S$132m

Mar 31 2023n/an/a

S$132m

Dec 31 2022S$3mS$1m

S$131m

Sep 30 2022n/an/a

S$108m

Jun 30 2022n/an/a

S$85m

Mar 31 2022n/an/a

S$85m

Dec 31 2021S$2mS$1m

S$85m

Sep 30 2021n/an/a

S$78m

Jun 30 2021n/an/a

S$72m

Mar 31 2021n/an/a

S$68m

Dec 31 2020S$2mS$1m

S$64m

Sep 30 2020n/an/a

S$77m

Jun 30 2020n/an/a

S$87m

Mar 31 2020n/an/a

S$95m

Dec 31 2019S$3mS$1m

S$103m

Sep 30 2019n/an/a

S$102m

Jun 30 2019n/an/a

S$115m

Mar 31 2019n/an/a

S$119m

Dec 31 2018S$2mS$1m

S$118m

Sep 30 2018n/an/a

S$117m

Jun 30 2018n/an/a

S$104m

Mar 31 2018n/an/a

S$95m

Dec 31 2017S$2mS$999k

S$86m

Compensation vs Market: Leng Beng's total compensation ($USD2.21M) is above average for companies of similar size in the SG market ($USD894.05K).

Compensation vs Earnings: Leng Beng's compensation has been consistent with company performance over the past year.


CEO

Leng Beng Kwek (83 yo)

45.7yrs

Tenure

S$2,974,352

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

NamePositionTenureCompensationOwnership
Leng Beng Kwek
Executive Chairman & MD45.7yrsS$2.97m1.49%
SGD 16.1m
Tang Chor Ang
President8.1yrsno datano data
Poh Nguok Yeo
Chief Financial Officer6.8yrsno datano data
Yeng Yuen Tang
VP & Head of Corporate Financeno datano datano data
Nam Sia
Senior Vice President of Risk Managementno datano datano data
Andrew Low
Senior Vice President of Human Resourcesno datano datano data
Chee Wah Leong
Senior Vice President of Credit Controlno datano datano data
Jeffrey Toh
Senior Vice President of Corporate & Consumer Businessno datano datano data
Guat Hong Peh
Senior Vice President of Corporate & Consumer Businessno datano datano data
Benjamin Ng
Senior Vice President of Information Technology & Operationsno datano datano data
David Thong
Senior Vice President of Operationsno datano datano data
Swee Gim Yeo
Company Secretaryno datano datano data

8.1yrs

Average Tenure

Experienced Management: S41's management team is seasoned and experienced (8.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Leng Beng Kwek
Executive Chairman & MD45.7yrsS$2.97m1.49%
SGD 16.1m
Leng Peck Kwek
Non-Executive & Non-Independent Director26.8yrsS$158.50k0.12%
SGD 1.3m
Leng Kee Kwek
Non-Executive & Non-Independent Director23.2yrsS$80.00k0.36%
SGD 3.9m
Kevin Hangchi
Non-Executive & Non-Independent Director8.1yrsS$142.00k0.14%
SGD 1.6m
Ngiap Jong Low
Non-Executive & Independent Director1.6yrsS$94.14kno data
Christian G.H. Gautier de Charnace
Independent Non-Executive Director4.3yrsS$130.00kno data
Tee How Tan
Non-Executive & Independent Director5.4yrsS$225.00kno data
Siew San Tan
Non-Executive & Independent Director5.4yrsS$204.04kno data
Fook Yuen Chay
Non-Executive & Lead Independent Director5.4yrsS$263.00kno data
Gek Leong Yeo
Independent Non-Executive Director2.8yrsS$184.50kno data

5.4yrs

Average Tenure

66.5yo

Average Age

Experienced Board: S41's board of directors are considered experienced (5.4 years average tenure).