Avarga Limited

SGX:U09 Stock Report

Market Cap: S$186.2m

Avarga Management

Management criteria checks 4/4

Avarga's CEO is Ian Tong, appointed in Jun 2020, has a tenure of 4.42 years. total yearly compensation is SGD544.99K, comprised of 91.7% salary and 8.3% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth SGD573.99K. The average tenure of the management team and the board of directors is 4.4 years and 4.4 years respectively.

Key information

Ian Tong

Chief executive officer

S$545.0k

Total compensation

CEO salary percentage91.7%
CEO tenure4.4yrs
CEO ownership0.3%
Management average tenure4.4yrs
Board average tenure4.4yrs

Recent management updates

Recent updates

Avarga's (SGX:U09) Conservative Accounting Might Explain Soft Earnings

Apr 09
Avarga's (SGX:U09) Conservative Accounting Might Explain Soft Earnings

Does Avarga (SGX:U09) Have A Healthy Balance Sheet?

Oct 05
Does Avarga (SGX:U09) Have A Healthy Balance Sheet?

Avarga (SGX:U09) Has A Pretty Healthy Balance Sheet

May 15
Avarga (SGX:U09) Has A Pretty Healthy Balance Sheet

Avarga (SGX:U09) Shareholders Will Want The ROCE Trajectory To Continue

Oct 31
Avarga (SGX:U09) Shareholders Will Want The ROCE Trajectory To Continue

These 4 Measures Indicate That Avarga (SGX:U09) Is Using Debt Extensively

Sep 29
These 4 Measures Indicate That Avarga (SGX:U09) Is Using Debt Extensively

Is Avarga (SGX:U09) A Risky Investment?

Apr 14
Is Avarga (SGX:U09) A Risky Investment?

Avarga (SGX:U09) Is Very Good At Capital Allocation

Apr 01
Avarga (SGX:U09) Is Very Good At Capital Allocation

Announcing: Avarga (SGX:U09) Stock Increased An Energizing 133% In The Last Year

Mar 17
Announcing: Avarga (SGX:U09) Stock Increased An Energizing 133% In The Last Year

Do Avarga's (SGX:U09) Earnings Warrant Your Attention?

Mar 03
Do Avarga's (SGX:U09) Earnings Warrant Your Attention?

Estimating The Fair Value Of Avarga Limited (SGX:U09)

Feb 19
Estimating The Fair Value Of Avarga Limited (SGX:U09)

What Percentage Of Avarga Limited (SGX:U09) Shares Do Insiders Own?

Jan 26
What Percentage Of Avarga Limited (SGX:U09) Shares Do Insiders Own?

Who Has Been Selling Avarga Limited (SGX:U09) Shares?

Jan 14
Who Has Been Selling Avarga Limited (SGX:U09) Shares?

Are Avarga's (SGX:U09) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 29
Are Avarga's (SGX:U09) Statutory Earnings A Good Guide To Its Underlying Profitability?

We Like These Underlying Trends At Avarga (SGX:U09)

Dec 03
We Like These Underlying Trends At Avarga (SGX:U09)

CEO Compensation Analysis

How has Ian Tong's remuneration changed compared to Avarga's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

S$9m

Mar 31 2024n/an/a

S$10m

Dec 31 2023S$545kS$500k

S$11m

Sep 30 2023n/an/a

S$17m

Jun 30 2023n/an/a

S$25m

Mar 31 2023n/an/a

S$38m

Dec 31 2022S$545kS$500k

S$51m

Sep 30 2022n/an/a

S$48m

Jun 30 2022n/an/a

S$45m

Mar 31 2022n/an/a

S$59m

Dec 31 2021S$564kS$500k

S$73m

Sep 30 2021n/an/a

S$93m

Jun 30 2021n/an/a

S$112m

Mar 31 2021n/an/a

S$83m

Dec 31 2020S$2mS$367k

S$55m

Sep 30 2020n/an/a

S$36m

Jun 30 2020n/an/a

S$24m

Mar 31 2020n/an/a

S$25m

Dec 31 2019S$385kS$203k

S$33m

Sep 30 2019n/an/a

S$28m

Jun 30 2019n/an/a

S$28m

Mar 31 2019n/an/a

S$26m

Dec 31 2018S$329kS$173k

S$11m

Sep 30 2018n/an/a

S$15m

Jun 30 2018n/an/a

S$16m

Mar 31 2018n/an/a

S$16m

Dec 31 2017S$176kS$134k

S$14m

Compensation vs Market: Ian's total compensation ($USD411.68K) is about average for companies of similar size in the SG market ($USD383.08K).

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

CEO

Ian Tong (36 yo)

4.4yrs

Tenure

S$544,988

Compensation

Mr. Ian Tong is the Founder of Axio Developments Ltd. and serves as its President. Mr. Ian has been Chief Executive Officer of Avarga Limited since June 1, 2020.Mr. Tong was Executive Director of Operatio...

Leadership Team

NamePositionTenureCompensationOwnership
Kooi Tong
Executive Chairman12.7yrsS$306.16k32.84%
SGD 61.1m
Ian Tong
CEO & Executive Director4.4yrsS$544.99k0.31%
SGD 574.0k
Lai Tai
Group Finance Managerno datano datano data
Hsien Ming Khoo
President of Investment & Power Generation12.3yrsS$33.07kno data
Lee Huang Ng
Managing Director of UPP Pulp & Paper (M) Sdn Bhd4.4yrsno datano data
Russell Robert Permann
CEO & President of Taiga Building Products Ltd.no datano datano data
Siew Tan
Company Secretaryless than a yearno datano data

4.4yrs

Average Tenure

53yo

Average Age

Experienced Management: U09's management team is considered experienced (4.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kooi Tong
Executive Chairman12.7yrsS$306.16k32.84%
SGD 61.1m
Ian Tong
CEO & Executive Director7.7yrsS$544.99k0.31%
SGD 574.0k
Shin Ein Ng
Independent Director11.6yrsS$70.00kno data
Weng Foong Moey
Independent Director4.4yrsS$61.00k0.069%
SGD 128.1k
Ven Li Lai
Lead Independent Directorless than a yearno datano data
Cheong Seng Lim
Independent Director1.8yrsS$70.00k0.55%
SGD 1.0m
Kah Wee Kang
Independent Directorless than a yearno datano data

4.4yrs

Average Tenure

50yo

Average Age

Experienced Board: U09's board of directors are considered experienced (4.4 years average tenure).