MTQ Management
Management criteria checks 3/4
MTQ's CEO is Asif Salim Vorajee, appointed in Jul 2024, has a tenure of 1.25 years. total yearly compensation is SGD475.00K, comprised of 55.8% salary and 44.2% bonuses, including company stock and options. directly owns 0.004% of the company’s shares, worth SGD2.25K. The average tenure of the management team and the board of directors is 0.8 years and 9 years respectively.
Key information
Asif Salim Vorajee
Chief executive officer
S$475.0k
Total compensation
| CEO salary percentage | 55.79% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.004% |
| Management average tenure | less than a year |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
MTQ Corporation Limited's (SGX:M05) Shares May Have Run Too Fast Too Soon
Apr 14
Returns On Capital Are Showing Encouraging Signs At MTQ (SGX:M05)
Jan 08We Ran A Stock Scan For Earnings Growth And MTQ (SGX:M05) Passed With Ease
Aug 27Does MTQ (SGX:M05) Have A Healthy Balance Sheet?
Jul 06Returns On Capital Are Showing Encouraging Signs At MTQ (SGX:M05)
May 23Is MTQ (SGX:M05) Using Too Much Debt?
Dec 05MTQ (SGX:M05) Is Experiencing Growth In Returns On Capital
May 05Does MTQ (SGX:M05) Deserve A Spot On Your Watchlist?
Mar 12Will MTQ's (SGX:M05) Growth In ROCE Persist?
Feb 01
Does MTQ (SGX:M05) Have A Healthy Balance Sheet?
Jan 05Our View On MTQ's (SGX:M05) CEO Pay
Dec 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | S$475k | S$265k | S$3m |
| Sep 30 2024 | n/a | n/a | S$4m |
| Jun 30 2024 | n/a | n/a | S$7m |
| Mar 31 2024 | S$427k | S$200k | S$9m |
| Sep 30 2023 | n/a | n/a | S$10m |
| Jun 30 2023 | n/a | n/a | S$7m |
| Mar 31 2023 | S$387k | S$191k | S$4m |
| Dec 31 2022 | n/a | n/a | S$3m |
| Sep 30 2022 | n/a | n/a | S$2m |
| Jun 30 2022 | n/a | n/a | S$2m |
| Mar 31 2022 | S$332k | S$164k | S$1m |
| Dec 31 2021 | n/a | n/a | -S$4m |
| Sep 30 2021 | n/a | n/a | -S$9m |
| Jun 30 2021 | n/a | n/a | -S$8m |
| Mar 31 2021 | S$354k | S$156k | -S$8m |
| Dec 31 2020 | n/a | n/a | -S$157k |
| Sep 30 2020 | n/a | n/a | S$8m |
| Jun 30 2020 | n/a | n/a | S$8m |
| Mar 31 2020 | S$302k | S$157k | S$7m |
Compensation vs Market: Asif Salim's total compensation ($USD365.60K) is about average for companies of similar size in the SG market ($USD371.13K).
Compensation vs Earnings: Asif Salim's compensation has been consistent with company performance over the past year.
CEO
Asif Salim Vorajee
Mr. Asif Salim Vorajee is Group Chief Executive Officer 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 Ma...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 28.8yrs | S$255.00k | 26.26% SGD 16.0m | |
| Group Chief Executive Officer | 1.3yrs | S$475.00k | 0.0037% SGD 2.3k | |
| Group Financial Controller & Company Secretary | 7.8yrs | S$187.00k | no data | |
| Group Chief Financial Officer | less than a year | no data | 0.012% SGD 7.4k |
Experienced Management: M05's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 28.8yrs | S$255.00k | 26.26% SGD 16.0m | |
| Non-Executive Non-Independent Director | 19yrs | S$22.00k | 3.45% SGD 2.1m | |
| Non-Executive Non-Independent Director | 9yrs | S$38.00k | no data | |
| Non-Executive Independent Director | 1.2yrs | S$35.00k | no data | |
| Non-Executive Non-Independent Director | 18yrs | S$43.00k | no data | |
| Non-Executive Independent Director | 1.8yrs | S$35.00k | no data | |
| Lead Independent Director | 3yrs | S$48.00k | no data |
Experienced Board: M05's board of directors are considered experienced (9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/22 16:19 |
| End of Day Share Price | 2025/10/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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.
| Analyst | Institution |
|---|---|
| Zhi Yeo | CGS International |
| Yue Lee | RHB Investment Bank |