CSE Global Limited

SGX:544 Stock Report

Market Cap: S$926.6m

CSE Global Management

Management criteria checks 1/4

CSE Global's CEO is Boon Kheng Lim, appointed in Nov 2013, has a tenure of 12.67 years. total yearly compensation is SGD3.49M, comprised of 21% salary and 79% bonuses, including company stock and options. directly owns 3.74% of the company’s shares, worth SGD34.61M. The average tenure of the management team and the board of directors is 12.3 years and 2.3 years respectively.

Key information

Boon Kheng Lim

Chief executive officer

S$3.5m

Total compensation

CEO salary percentage21.00%
CEO tenure12.7yrs
CEO ownership3.7%
Management average tenure12.3yrs
Board average tenure2.3yrs

Recent management updates

Analysis Article • Apr 14

Increases to CEO Compensation Might Be Put On Hold For Now at CSE Global Limited (SGX:544)

Key Insights CSE Global will host its Annual General Meeting on 21st of April Total pay for CEO Boon Kheng Lim includes...

Recent updates

Analysis Article • Jan 29

Estimating The Fair Value Of CSE Global Limited (SGX:544)

Key Insights CSE Global's estimated fair value is S$1.09 based on 2 Stage Free Cash Flow to Equity With S$1.15 share...
Analysis Article • Nov 12

CSE Global Limited's (SGX:544) P/E Is Still On The Mark Following 37% Share Price Bounce

CSE Global Limited ( SGX:544 ) shares have continued their recent momentum with a 37% gain in the last month alone. The...
Analysis Article • Oct 24

CSE Global Limited (SGX:544) Shares Could Be 39% Below Their Intrinsic Value Estimate

Key Insights CSE Global's estimated fair value is S$1.26 based on 2 Stage Free Cash Flow to Equity CSE Global's S$0.78...
Analysis Article • Apr 14

Increases to CEO Compensation Might Be Put On Hold For Now at CSE Global Limited (SGX:544)

Key Insights CSE Global will host its Annual General Meeting on 21st of April Total pay for CEO Boon Kheng Lim includes...
Analysis Article • Apr 07

Returns Are Gaining Momentum At CSE Global (SGX:544)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Mar 05

Solid Earnings May Not Tell The Whole Story For CSE Global (SGX:544)

The recent earnings posted by CSE Global Limited ( SGX:544 ) were solid, but the stock didn't move as much as we...
Analysis Article • Dec 31

CSE Global (SGX:544) Hasn't Managed To Accelerate Its Returns

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article • Sep 10

Market Participants Recognise CSE Global Limited's (SGX:544) Earnings

With a median price-to-earnings (or "P/E") ratio of close to 11x in Singapore, you could be forgiven for feeling...
Analysis Article • Aug 08

CSE Global (SGX:544) Will Pay A Dividend Of SGD0.0125

CSE Global Limited's ( SGX:544 ) investors are due to receive a payment of SGD0.0125 per share on 27th of September...
Analysis Article • Apr 25

CSE Global (SGX:544) Is Due To Pay A Dividend Of SGD0.015

CSE Global Limited's ( SGX:544 ) investors are due to receive a payment of SGD0.015 per share on 26th of June. This...
Analysis Article • Apr 18

CSE Global's (SGX:544) Earnings Are Weaker Than They Seem

CSE Global Limited's ( SGX:544 ) robust earnings report didn't manage to move the market for its stock. We did some...
Analysis Article • Mar 31

CSE Global (SGX:544) Has Affirmed Its Dividend Of SGD0.015

The board of CSE Global Limited ( SGX:544 ) has announced that it will pay a dividend on the 20th of May, with...
Analysis Article • Mar 15

CSE Global (SGX:544) Will Pay A Dividend Of SGD0.015

CSE Global Limited's ( SGX:544 ) investors are due to receive a payment of SGD0.015 per share on 20th of May. This...
Analysis Article • Feb 29

CSE Global (SGX:544) Is Due To Pay A Dividend Of SGD0.015

The board of CSE Global Limited ( SGX:544 ) has announced that it will pay a dividend on the 20th of May, with...
Analysis Article • Aug 13

CSE Global's (SGX:544) Dividend Will Be SGD0.0125

CSE Global Limited ( SGX:544 ) will pay a dividend of SGD0.0125 on the 1st of September. This means the annual payment...
Analysis Article • Jun 28

Does CSE Global (SGX:544) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Mar 01

CSE Global (SGX:544) Has Affirmed Its Dividend Of SGD0.015

The board of CSE Global Limited ( SGX:544 ) has announced that it will pay a dividend on the 18th of May, with...
Analysis Article • Oct 12

CSE Global's (SGX:544) Returns On Capital Not Reflecting Well On The Business

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...
Analysis Article • Aug 16

CSE Global (SGX:544) Will Pay A Dividend Of SGD0.0125

The board of CSE Global Limited ( SGX:544 ) has announced that it will pay a dividend of SGD0.0125 per share on the 2nd...
Analysis Article • Apr 21

CSE Global (SGX:544) Has Re-Affirmed Its Dividend Of S$0.015

CSE Global Limited's ( SGX:544 ) investors are due to receive a payment of S$0.015 per share on 18th of May. This makes...
Analysis Article • Apr 05

CSE Global (SGX:544) Has Re-Affirmed Its Dividend Of S$0.015

The board of CSE Global Limited ( SGX:544 ) has announced that it will pay a dividend of S$0.015 per share on the 18th...

CEO Compensation Analysis

How has Boon Kheng Lim's remuneration changed compared to CSE Global's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025S$3mS$734k

S$37m

Sep 30 2025n/an/a

S$33m

Jun 30 2025n/an/a

S$28m

Mar 31 2025n/an/a

S$27m

Dec 31 2024S$3mS$739k

S$26m

Sep 30 2024n/an/a

S$26m

Jun 30 2024n/an/a

S$27m

Mar 31 2024n/an/a

S$25m

Dec 31 2023S$2mS$693k

S$23m

Sep 30 2023n/an/a

S$17m

Jun 30 2023n/an/a

S$11m

Mar 31 2023n/an/a

S$8m

Dec 31 2022S$871kS$688k

S$5m

Sep 30 2022n/an/a

S$7m

Jun 30 2022n/an/a

S$9m

Mar 31 2022n/an/a

S$12m

Dec 31 2021S$828kS$687k

S$15m

Sep 30 2021n/an/a

S$19m

Jun 30 2021n/an/a

S$23m

Mar 31 2021n/an/a

S$25m

Dec 31 2020S$2mS$679k

S$28m

Sep 30 2020n/an/a

S$30m

Jun 30 2020n/an/a

S$28m

Mar 31 2020n/an/a

S$26m

Dec 31 2019S$2mS$662k

S$24m

Compensation vs Market: Boon Kheng's total compensation ($USD2.71M) is above average for companies of similar size in the SG market ($USD1.04M).

Compensation vs Earnings: Boon Kheng's compensation has increased by more than 20% in the past year.

CEO

Boon Kheng Lim (59 yo)

12.7yrs
Tenure
S$3,494,000
Compensation

Mr. Boon Kheng Lim has been the Group Managing Director and Chief Executive Officer of CSE Global Limited since November 28, 2013. Mr. Lim serves as a Managing Director at CSE Global (Asia) Limited. He ser...

Leadership Team

NamePositionTenureCompensationOwnership
Boon Kheng Lim
CEO, Group MD & Executive Director12.7yrsS$3.49m3.74%
SGD 34.6m
Toon Ee Foo
Group Chief Financial Officer12.3yrsno datano data
Roy Rowe
Chief Executive Officer of CSE Global's Australian & New Zealand Operations15.4yrsno datano data
Donnie Smith
President & COO of CSE W-Industries of Louisiana and CEO of CSE Americas Inc11.7yrsno datano data
Kuan Loong Lai
Company Secretary1.4yrsno datano data
12.3yrs
Average Tenure
56.5yo
Average Age

Experienced Management: 544's management team is seasoned and experienced (12.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Boon Kheng Lim
CEO, Group MD & Executive Director12.9yrsS$3.49m3.74%
SGD 34.6m
Eugene Look
Non-Executive Non-Independent Chairmanless than a yearS$5.00kno data
Shin Ein Ng
Independent Non-Executive Director6yrsS$77.00kno data
Ravinder Singh
Non-Executive Non-Independent Director1yrS$28.00kno data
Su Yen Wong
Independent Non-Executive Director6yrsS$70.00kno data
Wai Loong Tang
Independent Non-Executive Director2.3yrsS$70.00kno data
Hon Foong Leong
Independent Non-Executive Directorless than a yearno datano data
2.3yrs
Average Tenure
57.5yo
Average Age

Experienced Board: 544's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 21:26
End of Day Share Price 2026/07/03 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

CSE Global Limited is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jie Hui TanCGS International
Horng Han LowCitigroup Inc
null nullKGI Securities Co. Ltd.