Avarga Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Ian Tong
Chief executive officer
S$545.0k
Total compensation
| CEO salary percentage | 91.7% |
| CEO tenure | 4.6yrs |
| CEO ownership | n/a |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
There's Reason For Concern Over Avarga Limited's (SGX:U09) Massive 26% Price Jump
Nov 14
Avarga's (SGX:U09) Conservative Accounting Might Explain Soft Earnings
Apr 09Does Avarga (SGX:U09) Have A Healthy Balance Sheet?
Oct 05Avarga (SGX:U09) Has A Pretty Healthy Balance Sheet
May 15Avarga (SGX:U09) Shareholders Will Want The ROCE Trajectory To Continue
Oct 31These 4 Measures Indicate That Avarga (SGX:U09) Is Using Debt Extensively
Sep 29Is Avarga (SGX:U09) A Risky Investment?
Apr 14Avarga (SGX:U09) Is Very Good At Capital Allocation
Apr 01Announcing: Avarga (SGX:U09) Stock Increased An Energizing 133% In The Last Year
Mar 17Do Avarga's (SGX:U09) Earnings Warrant Your Attention?
Mar 03Estimating The Fair Value Of Avarga Limited (SGX:U09)
Feb 19What Percentage Of Avarga Limited (SGX:U09) Shares Do Insiders Own?
Jan 26
Who Has Been Selling Avarga Limited (SGX:U09) Shares?
Jan 14Are Avarga's (SGX:U09) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 29We Like These Underlying Trends At Avarga (SGX:U09)
Dec 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | S$9m |
| Mar 31 2024 | n/a | n/a | S$10m |
| Dec 31 2023 | S$545k | S$500k | S$11m |
| Sep 30 2023 | n/a | n/a | S$17m |
| Jun 30 2023 | n/a | n/a | S$25m |
| Mar 31 2023 | n/a | n/a | S$38m |
| Dec 31 2022 | S$545k | S$500k | S$51m |
| Sep 30 2022 | n/a | n/a | S$48m |
| Jun 30 2022 | n/a | n/a | S$45m |
| Mar 31 2022 | n/a | n/a | S$59m |
| Dec 31 2021 | S$564k | S$500k | S$73m |
| Sep 30 2021 | n/a | n/a | S$93m |
| Jun 30 2021 | n/a | n/a | S$112m |
| Mar 31 2021 | n/a | n/a | S$83m |
| Dec 31 2020 | S$2m | S$367k | S$55m |
| Sep 30 2020 | n/a | n/a | S$36m |
| Jun 30 2020 | n/a | n/a | S$24m |
| Mar 31 2020 | n/a | n/a | S$25m |
| Dec 31 2019 | S$385k | S$203k | S$33m |
| Sep 30 2019 | n/a | n/a | S$28m |
| Jun 30 2019 | n/a | n/a | S$28m |
| Mar 31 2019 | n/a | n/a | S$26m |
| Dec 31 2018 | S$329k | S$173k | S$11m |
Compensation vs Market: Ian's total compensation ($USD398.45K) is about average for companies of similar size in the SG market ($USD397.89K).
Compensation vs Earnings: Ian's compensation has been consistent with company performance over the past year.
CEO
Ian Tong (36 yo)
4.6yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.8yrs | S$306.16k | 86.6% SGD 173.1m | |
| CEO & Executive Director | 4.6yrs | S$544.99k | no data | |
| Group Finance Manager | no data | no data | no data | |
| President of Investment & Power Generation | 12.5yrs | S$33.07k | no data | |
| Managing Director of UPP Pulp & Paper (M) Sdn Bhd | 4.6yrs | no data | no data | |
| CEO & President of Taiga Building Products Ltd. | no data | no data | no data | |
| Company Secretary | less than a year | no data | no data |
4.6yrs
Average Tenure
53yo
Average Age
Experienced Management: U09's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 12.8yrs | S$306.16k | 86.6% SGD 173.1m | |
| CEO & Executive Director | 7.8yrs | S$544.99k | no data | |
| Independent Director | 11.8yrs | S$70.00k | no data | |
| Independent Director | 4.6yrs | S$61.00k | 0% SGD 0 | |
| Lead Independent Director | less than a year | no data | no data | |
| Independent Director | 2yrs | S$70.00k | 0.40% SGD 792.0k | |
| Independent Director | less than a year | no data | no data |
4.6yrs
Average Tenure
50yo
Average Age
Experienced Board: U09's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 02:32 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| 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 here.
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 .
Analyst Sources
Avarga Limited is covered by 0 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 |
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