First Resources Management

How has Ciliandra Fangiono's remuneration changed compared to First Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$178m
Mar 31 2024	n/a	n/a	US$162m
Dec 31 2023	US$2m	US$639k	US$145m
Sep 30 2023	n/a	n/a	US$207m
Jun 30 2023	n/a	n/a	US$269m
Mar 31 2023	n/a	n/a	US$297m
Dec 31 2022	US$1m	US$634k	US$325m
Sep 30 2022	n/a	n/a	US$291m
Jun 30 2022	n/a	n/a	US$257m
Mar 31 2022	n/a	n/a	US$209m
Dec 31 2021	US$932k	US$634k	US$161m
Sep 30 2021	n/a	n/a	US$127m
Jun 30 2021	n/a	n/a	US$93m
Mar 31 2021	n/a	n/a	US$96m
Dec 31 2020	US$800k	US$648k	US$100m
Sep 30 2020	n/a	n/a	US$101m
Jun 30 2020	n/a	n/a	US$99m
Mar 31 2020	n/a	n/a	US$96m
Dec 31 2019	US$1m	US$638k	US$89m
Sep 30 2019	n/a	n/a	US$74m
Jun 30 2019	n/a	n/a	US$86m
Mar 31 2019	n/a	n/a	US$105m
Dec 31 2018	n/a	n/a	US$120m
Sep 30 2018	n/a	n/a	US$137m
Jun 30 2018	n/a	n/a	US$130m
Mar 31 2018	n/a	n/a	US$117m
Dec 31 2017	US$1m	US$636k	US$138m

Compensation vs Market: Ciliandra's total compensation ($USD1.56M) is about average for companies of similar size in the SG market ($USD1.56M).

Compensation vs Earnings: Ciliandra's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Ciliandra Fangiono (48 yo)

21.8yrs

Tenure

US$1,558,735

Compensation

Mr. Ciliandra Fangiono has been the Chief Executive Officer of First Resources Limited since 2003. Mr. Fangiono served as the President Director of Pt Ciliandra Perkasa. He has been an Executive Director o...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ciliandra Fangiono	CEO & Executive Director	21.8yrs	US$1.56m	no data
Fang Zhixiang	Deputy CEO & Executive Director	17.8yrs	US$1.24m	no data
Ir. Suhaili	Vice President of Strategic Planning & Technology	no data	no data	no data
Kuan Loong Lai	Company Secretary	7.5yrs	no data	no data

17.8yrs

Average Tenure

Experienced Management: EB5's management team is seasoned and experienced (17.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ciliandra Fangiono	CEO & Executive Director	17.6yrs	US$1.56m	no data
Fang Zhixiang	Deputy CEO & Executive Director	10yrs	US$1.24m	no data
See Hiang Chang	Independent Chairman of the Board	5.7yrs	US$94.72k	no data
Chor Gek Yeo	Independent Non-Executive Director	less than a year	no data	no data
Su-Yen Wong	Independent Director	5.5yrs	US$75.78k	no data
Seow Kheng Tan	Non-Executive & Non-Independent Director	10yrs	US$68.20k	0.0019% SGD 44.8k
Kok Ho	Independent Director	5yrs	US$71.99k	no data
Dan Luo	Independent Non-Executive Director	less than a year	no data	no data

5.6yrs

Average Tenure

55.5yo

Average Age

Experienced Board: EB5's board of directors are considered experienced (5.6 years average tenure).

First Resources Management

Management criteria checks 3/4

Key information

Recent management updates

First Resources Limited, Annual General Meeting, Apr 26, 2024

First Resources Limited Announces Resignation of Ong Beng Kee as Independent Director and Member of the Audit and Remuneration Committees

Insufficient new directors

Insufficient new directors

First Resources Limited, Annual General Meeting, Apr 28, 2022

Recent updates

First Resources Limited to Report Q3, 2025 Results on Nov 14, 2025

These 4 Measures Indicate That First Resources (SGX:EB5) Is Using Debt Reasonably Well

Consensus EPS estimates increase by 13%

First Resources (SGX:EB5) Is Experiencing Growth In Returns On Capital

First half 2024 earnings released: EPS: US$0.067 (vs US$0.046 in 1H 2023)

First half dividend of S$0.035 announced

There's Reason For Concern Over First Resources Limited's (SGX:EB5) Price

First Resources' (SGX:EB5) Returns Have Hit A Wall

First Resources Limited Approves (One-Tier, Tax Exempt) Final Dividend for the Year Ended 31 December 2023, Payable on 16 May 2024

First Resources (SGX:EB5) Has Announced A Dividend Of $0.037

Full year 2023 earnings: EPS and revenues miss analyst expectations

First Resources (SGX:EB5) Will Pay A Dividend Of $0.037

Final dividend of S$0.037 announced

First Resources Limited, Annual General Meeting, Apr 26, 2024

First Resources Limited to Report Q1, 2024 Results on May 15, 2024

Are Investors Undervaluing First Resources Limited (SGX:EB5) By 23%?

First Resources Limited Announces Resignation of Ong Beng Kee as Independent Director and Member of the Audit and Remuneration Committees

Here's Why First Resources (SGX:EB5) Can Manage Its Debt Responsibly

First Resources Limited Provides Production Guidance for the Fourth Quarter of 2023

Investors Shouldn't Overlook First Resources' (SGX:EB5) Impressive Returns On Capital

First Resources' (SGX:EB5) Dividend Will Be $0.025

Upcoming dividend of S$0.025 per share at 9.7% yield

First Resources (SGX:EB5) Is Due To Pay A Dividend Of $0.025

First half 2023 earnings released: EPS: US$0.046 (vs US$0.081 in 1H 2022)

First Resources Limited Announces Interim Tax-Exempt One-Tier Dividend for the Half Year Ended 30 June 2023, Payable on 7 September 2023

Here's Why We Think First Resources (SGX:EB5) Is Well Worth Watching

First Resources Limited to Report Q2, 2023 Results on Aug 11, 2023

First Resources Limited Approves the Payment of A Final Dividend for the Year Ended 31 December 2022, Payable on 15 May 2023

An Intrinsic Calculation For First Resources Limited (SGX:EB5) Suggests It's 50% Undervalued

First Resources (SGX:EB5) Knows How To Allocate Capital Effectively

Upcoming dividend of S$0.12 per share at 9.4% yield

First Resources (SGX:EB5) Could Easily Take On More Debt

Full year 2022 earnings: EPS exceeds analyst expectations

First Resources (SGX:EB5) Is Increasing Its Dividend To $0.12

First Resources' (SGX:EB5) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2022 earnings released

Here's What To Make Of First Resources' (SGX:EB5) Decelerating Rates Of Return

We Ran A Stock Scan For Earnings Growth And First Resources (SGX:EB5) Passed With Ease

Insufficient new directors

Here's Why First Resources (SGX:EB5) Can Manage Its Debt Responsibly

First Resources (SGX:EB5) Hasn't Managed To Accelerate Its Returns

Upcoming dividend of S$0.025 per share

First Resources (SGX:EB5) Is Paying Out A Larger Dividend Than Last Year

First half 2022 earnings released

First Resources Limited Announces Interim Tax-Exempt One-Tier Dividend for the Half Year Ended 30 June 2022, Payable on 8 September 2022

Here's Why We Think First Resources (SGX:EB5) Is Well Worth Watching

First Resources (SGX:EB5) Seems To Use Debt Rather Sparingly

At S$2.02, Is It Time To Put First Resources Limited (SGX:EB5) On Your Watch List?

Insufficient new directors

First Resources (SGX:EB5) Hasn't Managed To Accelerate Its Returns

First Resources Limited Approves Final Dividend for the Year Ended 31 December 2021, Payable on May 19, 2022

Upcoming dividend of S$0.051 per share

First Resources' (SGX:EB5) Dividend Will Be Increased To S$0.051

Full year 2021 earnings: EPS and revenues exceed analyst expectations

First Resources Limited, Annual General Meeting, Apr 28, 2022

First Resources' (SGX:EB5) Shareholders Will Receive A Bigger Dividend Than Last Year

I Ran A Stock Scan For Earnings Growth And First Resources (SGX:EB5) Passed With Ease

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First Resources' (SGX:EB5) Shareholders Will Receive A Bigger Dividend Than Last Year

First Resources Limited Recommends A Final Tax- Exempt One-Tier Dividend for the Financial Year Ended 31 December 2021, Payable on 19 May 2022

Full year 2021 earnings: Revenues exceed analyst expectations

First Resources Limited to Report Q4, 2021 Results on Feb 25, 2022

We Like These Underlying Return On Capital Trends At First Resources (SGX:EB5)

Is Now An Opportune Moment To Examine First Resources Limited (SGX:EB5)?

Returns At First Resources (SGX:EB5) Are On The Way Up

Here's Why First Resources (SGX:EB5) Can Manage Its Debt Responsibly

First Resources' (SGX:EB5) Shareholders Will Receive A Bigger Dividend Than Last Year

Upcoming dividend of S$0.013 per share

First Resources' (SGX:EB5) Dividend Will Be Increased To S$0.013