Hour Glass Management
Management criteria checks 2/4
Hour Glass' CEO is Michael Tay, appointed in Apr 2020, has a tenure of 5.58 years. total yearly compensation is SGD4.33M, comprised of 14% salary and 86% bonuses, including company stock and options. directly owns 8.52% of the company’s shares, worth SGD123.76M. The average tenure of the management team and the board of directors is 5.1 years and 11.3 years respectively.
Key information
Michael Tay
Chief executive officer
S$4.3m
Total compensation
| CEO salary percentage | 14.00% |
| CEO tenure | 5.6yrs |
| CEO ownership | 8.5% |
| Management average tenure | 5.1yrs |
| Board average tenure | 11.3yrs |
Recent management updates
Recent updates
There's Been No Shortage Of Growth Recently For Hour Glass' (SGX:AGS) Returns On Capital
Nov 17
Hour Glass (SGX:AGS) Has Announced A Dividend Of SGD0.04
Jul 30Calculating The Fair Value Of The Hour Glass Limited (SGX:AGS)
Apr 09Hour Glass (SGX:AGS) Is Paying Out A Dividend Of SGD0.02
Nov 14Hour Glass (SGX:AGS) Will Pay A Dividend Of SGD0.06
Aug 01Cautious Investors Not Rewarding The Hour Glass Limited's (SGX:AGS) Performance Completely
Jan 23Hour Glass (SGX:AGS) Knows How To Allocate Capital Effectively
Dec 04Investors Should Be Encouraged By Hour Glass' (SGX:AGS) Returns On Capital
Aug 25We Think Hour Glass (SGX:AGS) Can Manage Its Debt With Ease
Feb 22Hour Glass (SGX:AGS) Is Paying Out A Dividend Of SGD0.02
Nov 04Hour Glass' (SGX:AGS) Upcoming Dividend Will Be Larger Than Last Year's
Aug 01We Think Hour Glass (SGX:AGS) Might Have The DNA Of A Multi-Bagger
Jul 19I Ran A Stock Scan For Earnings Growth And Hour Glass (SGX:AGS) Passed With Ease
Dec 02Does Hour Glass (SGX:AGS) Have A Healthy Balance Sheet?
Nov 17Return Trends At Hour Glass (SGX:AGS) Aren't Appealing
Jul 30If You Like EPS Growth Then Check Out Hour Glass (SGX:AGS) Before It's Too Late
May 25Should You Or Shouldn't You: A Dividend Analysis on The Hour Glass Limited (SGX:AGS)
May 10Hour Glass (SGX:AGS) Could Be Struggling To Allocate Capital
Apr 14Hour Glass (SGX:AGS) Shareholders Booked A 48% Gain In The Last Three Years
Mar 06What Is The Ownership Structure Like For The Hour Glass Limited (SGX:AGS)?
Feb 19
Should You Buy The Hour Glass Limited (SGX:AGS) For Its Dividend?
Feb 06Here's Why Hour Glass (SGX:AGS) Can Manage Its Debt Responsibly
Jan 24We're Watching These Trends At Hour Glass (SGX:AGS)
Jan 11Are Robust Financials Driving The Recent Rally In The Hour Glass Limited's (SGX:AGS) Stock?
Dec 27Are Hour Glass's (SGX:AGS) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 12Introducing Hour Glass (SGX:AGS), A Stock That Climbed 15% In The Last Three Years
Nov 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2025 | n/a | n/a | S$150m |
| Jun 30 2025 | n/a | n/a | S$143m |
| Mar 31 2025 | S$4m | S$607k | S$136m |
Compensation vs Market: Michael's total compensation ($USD3.34M) is above average for companies of similar size in the SG market ($USD1.11M).
Compensation vs Earnings: Insufficient data to compare Michael's compensation with company performance.
CEO
Michael Tay (50 yo)
Mr. Wee Jin Tay, also known as Michael, serves as Independent Non-Executive Director of UOB-Kay Hian Holdings Limited since March 01, 2024. He has been a Group Managing Director of The Hour Glass Limited s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 46.3yrs | S$2.03m | 5.73% SGD 83.3m | |
| Group MD & Executive Director | 5.6yrs | S$4.33m | 8.52% SGD 123.8m | |
| Chief Financial Officer | 4.6yrs | no data | no data | |
| Chief Administrative Officer | 4.6yrs | no data | no data | |
| Group General Manager | no data | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Managing Director of the Hour Glass - HK Limited | no data | no data | no data | |
| Managing Director of Glajz-THG Pte Ltd | no data | no data | no data | |
| GM of the Hour Glass Japan Ltd & Director of the Hour Glass Japan Ltd | no data | no data | no data |
Experienced Management: AGS's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder & Executive Chairman | 46.3yrs | S$2.03m | 5.73% SGD 83.3m | |
| Group MD & Executive Director | 20.3yrs | S$4.33m | 8.52% SGD 123.8m | |
| GM of the Hour Glass Japan Ltd & Director of the Hour Glass Japan Ltd | no data | no data | no data | |
| Non Independent Non-Executive Director | 14.6yrs | S$79.00k | no data | |
| Non-Independent & Non-Executive Director | 21.6yrs | S$51.00k | 0.49% SGD 7.1m | |
| Independent Non-Executive Director | 2.9yrs | S$79.00k | no data | |
| Lead Independent Director | 5.1yrs | S$99.00k | no data | |
| Independent Non-Executive Director | 1.3yrs | S$42.00k | no data | |
| Independent Non-Executive Director | 8.1yrs | S$84.00k | no data |
Experienced Board: AGS's board of directors are seasoned and experienced ( 11.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/28 13:57 |
| End of Day Share Price | 2025/11/28 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
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 |
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| 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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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
The Hour Glass Limited is covered by 3 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 |
|---|---|
| Paul Yong | DBS Bank Ltd |
| Hwee Chen Lee | Maybank Research Pte. Ltd. |
| Weiling Tan | UOB Kay Hian Research Pte Ltd |