IPC Corporation Ltd

SGX:AZA Stock Report

Market Cap: S$11.1m

IPC Management

Management criteria checks 3/4

IPC's CEO is Patrick Ngiam, appointed in Jan 1992, has a tenure of 33.25 years. total yearly compensation is SGD326.94K, comprised of 85.6% salary and 14.4% bonuses, including company stock and options. directly owns 5.06% of the company’s shares, worth SGD560.82K. The average tenure of the management team and the board of directors is 33.3 years and 32.5 years respectively.

Key information

Patrick Ngiam

Chief executive officer

S$326.9k

Total compensation

CEO salary percentage85.6%
CEO tenure33.3yrs
CEO ownership5.1%
Management average tenure33.3yrs
Board average tenure32.5yrs

Recent management updates

Recent updates

IPC's (SGX:AZA) Solid Earnings May Rest On Weak Foundations

Feb 24
IPC's (SGX:AZA) Solid Earnings May Rest On Weak Foundations

Statutory Earnings May Not Be The Best Way To Understand IPC's (SGX:AZA) True Position

Aug 13
Statutory Earnings May Not Be The Best Way To Understand IPC's (SGX:AZA) True Position

IPC (SGX:AZA) Has Debt But No Earnings; Should You Worry?

Jul 30
IPC (SGX:AZA) Has Debt But No Earnings; Should You Worry?

Is IPC (SGX:AZA) Using Debt Sensibly?

Mar 05
Is IPC (SGX:AZA) Using Debt Sensibly?

Here's Why IPC (SGX:AZA) Can Afford Some Debt

Sep 12
Here's Why IPC (SGX:AZA) Can Afford Some Debt

Is IPC (SGX:AZA) Using Too Much Debt?

May 21
Is IPC (SGX:AZA) Using Too Much Debt?

Here's Why IPC (SGX:AZA) Can Afford Some Debt

Aug 04
Here's Why IPC (SGX:AZA) Can Afford Some Debt

Would IPC (SGX:AZA) Be Better Off With Less Debt?

Apr 29
Would IPC (SGX:AZA) Be Better Off With Less Debt?

Trade Alert: Tiow Hee Tan At IPC Corporation Ltd (SGX:AZA), Has Just Spent S$517k Buying 100% More Shares

Feb 26
Trade Alert: Tiow Hee Tan At IPC Corporation Ltd (SGX:AZA), Has Just Spent S$517k Buying 100% More Shares

Here's Why IPC (SGX:AZA) Can Afford Some Debt

Nov 22
Here's Why IPC (SGX:AZA) Can Afford Some Debt

CEO Compensation Analysis

How has Patrick Ngiam's remuneration changed compared to IPC's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024S$327kS$280k

S$6m

Compensation vs Market: Patrick's total compensation ($USD248.69K) is below average for companies of similar size in the SG market ($USD386.99K).

Compensation vs Earnings: Insufficient data to compare Patrick's compensation with company performance.

CEO

Patrick Ngiam (69 yo)

33.3yrs

Tenure

S$326,935

Compensation

Dr. Mia Je Ngiam, also known as Patrick, has been the Chairman and Chief Executive Officer of IPC Corporation Ltd since 1992 and serves as Chief Executive Officer of Essex Investment Group. Dr. Ngiam found...

Leadership Team

NamePositionTenureCompensationOwnership
Mia Je Ngiam
Chairman & CEO33.3yrsS$326.94k5.06%
SGD 560.8k
Mia Kiat Ngiam
Co-Founder33.3yrsS$286.94k7.1%
SGD 787.0k
Hui Kian Lauw
Executive Director of Administration & Finance and Executive Director40.3yrsS$231.29k4.29%
SGD 475.8k
Mia Hai Ngiam
Executive Director of Mktg & Corporate Comm40.3yrsS$231.29k2.02%
SGD 223.7k
Mia Hong Ngiam
Executive Director of Business Development & IT Solutions and Executive Director33.3yrsS$231.29k1.97%
SGD 218.9k

33.3yrs

Average Tenure

67yo

Average Age

Experienced Management: AZA's management team is seasoned and experienced (33.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mia Je Ngiam
Chairman & CEO32.5yrsS$326.94k5.06%
SGD 560.8k
Mia Kiat Ngiam
Co-Founder32.5yrsS$286.94k7.1%
SGD 787.0k
Hui Kian Lauw
Executive Director of Administration & Finance and Executive Director39.9yrsS$231.29k4.29%
SGD 475.8k
Mia Hai Ngiam
Executive Director of Mktg & Corporate Comm39.9yrsS$231.29k2.02%
SGD 223.7k
Mia Hong Ngiam
Executive Director of Business Development & IT Solutions and Executive Director33.5yrsS$231.29k1.97%
SGD 218.9k
Pang Hung Lui
Independent Non-Executive Directorless than a yearno datano data
Cher Liang Tan
Lead Independent Director4.1yrsS$44.00kno data
Sin Huat Tan
Independent Non-Executive Director6.3yrsS$36.00kno data

32.5yrs

Average Tenure

67yo

Average Age

Experienced Board: AZA's board of directors are seasoned and experienced ( 32.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/25 18:01
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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

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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

IPC Corporation Ltd 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.