Hong Fok Management
Management criteria checks 2/4
Hong Fok's CEO is Patrick Cheong, appointed in Jan 2014, has a tenure of 11.92 years. total yearly compensation is SGD4.75M, comprised of 31.2% salary and 68.8% bonuses, including company stock and options. directly owns 2.76% of the company’s shares, worth SGD18.31M. The average tenure of the management team and the board of directors is 7.3 years and 7.9 years respectively.
Key information
Patrick Cheong
Chief executive officer
S$4.7m
Total compensation
| CEO salary percentage | 31.23% |
| CEO tenure | 11.9yrs |
| CEO ownership | 2.8% |
| Management average tenure | 7.3yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
Hong Fok Corporation Limited's (SGX:H30) Price Is Out Of Tune With Earnings
Nov 25
A Look At The Intrinsic Value Of Hong Fok Corporation Limited (SGX:H30)
Apr 07Hong Fok's (SGX:H30) Problems Go Beyond Weak Profit
Mar 07Hong Fok's (SGX:H30) Anemic Earnings Might Be Worse Than You Think
Apr 12Is Hong Fok (SGX:H30) Using Too Much Debt?
Sep 29Is Hong Fok (SGX:H30) Using Too Much Debt?
Mar 28Here's What Hong Fok Corporation Limited's (SGX:H30) Shareholder Ownership Structure Looks Like
Mar 01Here's Why We Don't Think Hong Fok's (SGX:H30) Statutory Earnings Reflect Its Underlying Earnings Potential
Feb 05
Hong Fok Corporation Limited (SGX:H30) Insiders Increased Their Holdings
Jan 15Hong Fok (SGX:H30) Has A Somewhat Strained Balance Sheet
Dec 25What Kind Of Investors Own Most Of Hong Fok Corporation Limited (SGX:H30)?
Nov 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | S$26m |
| Mar 31 2025 | n/a | n/a | S$25m |
| Dec 31 2024 | S$5m | S$1m | S$24m |
Compensation vs Market: Patrick's total compensation ($USD3.67M) is above average for companies of similar size in the SG market ($USD970.94K).
Compensation vs Earnings: Insufficient data to compare Patrick's compensation with company performance.
CEO
Patrick Cheong (76 yo)
Mr. Pin Chuan Cheong, also known as Patrick, has been Joint Chief Executive Officer of Hong Fok Corporation Ltd. since January 31, 2014. Mr. Cheong served as Joint Chairman and Joint Managing Director of W...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint CEO & Executive Director | 11.9yrs | S$4.75m | 2.76% SGD 18.3m | |
| Joint CEO & Executive Director | 11.9yrs | S$5.16m | 14.11% SGD 93.6m | |
| COO & Executive Director | 11.9yrs | S$3.56m | 1.81% SGD 12.0m | |
| VP of Accounts & Finance and Company Secretary | no data | no data | no data | |
| Vice President of Marketing | 1.9yrs | no data | no data | |
| Senior Vice President of Corporate Services | 2.8yrs | no data | 0.93% SGD 6.2m | |
| Company Secretary | 1.8yrs | no data | no data |
Experienced Management: H30's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Joint CEO & Executive Director | 54.4yrs | S$4.75m | 2.76% SGD 18.3m | |
| Joint CEO & Executive Director | 35.6yrs | S$5.16m | 14.11% SGD 93.6m | |
| COO & Executive Director | 36.8yrs | S$3.56m | 1.81% SGD 12.0m | |
| Alternate Director | 4.9yrs | no data | 0.24% SGD 1.6m | |
| Independent Lead Director | 2.3yrs | S$115.64k | no data | |
| Non-Executive Non-Independent Chairman | 10.9yrs | S$157.16k | no data | |
| Non-Executive Independent Director | 3.8yrs | S$119.00k | no data | |
| Non-Executive Independent Director | 1.8yrs | S$85.92k | no data |
Experienced Board: H30's board of directors are considered experienced (7.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/04 20:13 |
| End of Day Share Price | 2025/12/04 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
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
Hong Fok 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 |
|---|---|
| Derek Tan | DBS Bank Ltd |
| Lee Keng Ling | DBS Bank Ltd |