MTQ Corporation Limited

SGX:M05 Stock Report

Market Cap: S$56.2m

MTQ Management

Management criteria checks 4/4

MTQ's CEO is Asif Salim Vorajee, appointed in Jul 2024, has a tenure of less than a year. total yearly compensation is SGD427.00K, comprised of 46.8% salary and 53.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth SGD2.08K. The average tenure of the management team and the board of directors is 8.5 years and 8.3 years respectively.

Key information

Asif Salim Vorajee

Chief executive officer

S$427.0k

Total compensation

CEO salary percentage46.8%
CEO tenureless than a year
CEO ownership0.004%
Management average tenure8.5yrs
Board average tenure8.3yrs

Recent management updates

Recent updates

Returns On Capital Are Showing Encouraging Signs At MTQ (SGX:M05)

Jan 08
Returns On Capital Are Showing Encouraging Signs At MTQ (SGX:M05)

We Ran A Stock Scan For Earnings Growth And MTQ (SGX:M05) Passed With Ease

Aug 27
We Ran A Stock Scan For Earnings Growth And MTQ (SGX:M05) Passed With Ease

Does MTQ (SGX:M05) Have A Healthy Balance Sheet?

Jul 06
Does MTQ (SGX:M05) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At MTQ (SGX:M05)

May 23
Returns On Capital Are Showing Encouraging Signs At MTQ (SGX:M05)

Is MTQ (SGX:M05) Using Too Much Debt?

Dec 05
Is MTQ (SGX:M05) Using Too Much Debt?

MTQ (SGX:M05) Is Experiencing Growth In Returns On Capital

May 05
MTQ (SGX:M05) Is Experiencing Growth In Returns On Capital

Does MTQ (SGX:M05) Deserve A Spot On Your Watchlist?

Mar 12
Does MTQ (SGX:M05) Deserve A Spot On Your Watchlist?

Will MTQ's (SGX:M05) Growth In ROCE Persist?

Feb 01
Will MTQ's (SGX:M05) Growth In ROCE Persist?

Does MTQ (SGX:M05) Have A Healthy Balance Sheet?

Jan 05
Does MTQ (SGX:M05) Have A Healthy Balance Sheet?

Our View On MTQ's (SGX:M05) CEO Pay

Dec 09
Our View On MTQ's (SGX:M05) CEO Pay

CEO Compensation Analysis

How has Asif Salim Vorajee's remuneration changed compared to MTQ's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

S$4m

Jun 30 2024n/an/a

S$7m

Mar 31 2024S$427kS$200k

S$10m

Sep 30 2023n/an/a

S$10m

Jun 30 2023n/an/a

S$7m

Mar 31 2023S$387kS$191k

S$4m

Dec 31 2022n/an/a

S$3m

Sep 30 2022n/an/a

S$2m

Jun 30 2022n/an/a

S$2m

Mar 31 2022S$332kS$164k

S$1m

Dec 31 2021n/an/a

-S$4m

Sep 30 2021n/an/a

-S$9m

Jun 30 2021n/an/a

-S$8m

Mar 31 2021S$354kS$156k

-S$8m

Dec 31 2020n/an/a

-S$157k

Sep 30 2020n/an/a

S$8m

Jun 30 2020n/an/a

S$8m

Mar 31 2020S$302kS$157k

S$7m

Dec 31 2019n/an/a

S$5m

Sep 30 2019n/an/a

S$1m

Jun 30 2019n/an/a

-S$3m

Mar 31 2019n/an/a

-S$3m

Dec 31 2018n/an/a

-S$19m

Sep 30 2018n/an/a

-S$22m

Jun 30 2018n/an/a

-S$26m

Mar 31 2018S$245kS$163k

-S$27m

Compensation vs Market: Asif Salim's total compensation ($USD315.85K) is about average for companies of similar size in the SG market ($USD381.35K).

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

CEO

Asif Salim Vorajee

less than a year

Tenure

S$427,000

Compensation

Mr. Asif Salim Vorajee is Group CEO of MTQ Oilfield Services W.L.L. of MTQ Corporation Limited from July 1, 2024 and served as Managing Director of MTQ Oilfield Services W.L.L. since May 2022 until July 20...

Leadership Team

NamePositionTenureCompensationOwnership
Asif Salim Vorajee
Group CEOless than a yearS$427.00k0.0037%
SGD 2.1k
Lee Fang Tan
Group Financial Controller & Company Secretary11.1yrsS$180.00kno data
Ian Robert Hortin
Managing Director of Premier Sea & Land Pte Ltd and Mid-Continent Distribution Pte Ltdno dataS$270.00kno data
Hai York Tan
Managing Director of MTQ Engineering Pte Ltdno dataS$322.00kno data
Sumardi Bin Sidi
Managing Director of Pemac Pte Ltd8.5yrsS$229.00kno data
Mansoor Hussain
Business Head of MTQ Oilfield Services W.L.L.no datano datano data

8.5yrs

Average Tenure

Experienced Management: M05's management team is seasoned and experienced (8.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kok Kim Kuah
Non-Executive Chairman28.1yrsS$239.00k25.94%
SGD 14.6m
Boon Wee Kuah
Non-Executive Non-Independent Director18.3yrsS$467.00k3.41%
SGD 1.9m
Eng Yaw Ong
Non-Executive Non-Independent Director8.3yrsS$37.00kno data
Tiak Soon Ng
Non-Executive Independent Directorless than a yearno datano data
Han Siong Ho
Non-Executive Non-Independent Director17.3yrsS$43.00kno data
Adel Khalil Ebrahim Almoayyed
Non-Executive Independent Director1.1yrsS$6.00kno data
Gek Sim Ho
Lead Independent Director2.3yrsS$30.00kno data

8.3yrs

Average Tenure

66yo

Average Age

Experienced Board: M05's board of directors are considered experienced (8.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 11:46
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

MTQ Corporation Limited is covered by 2 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.

AnalystInstitution
Zhi YeoCGS International
Yue LeeRHB Investment Bank