Mida Assets Management

Management criteria checks 3/4

Mida Assets' CEO is Wisood Ieosivikul, appointed in Jan 2013, has a tenure of 11.33 years. directly owns 13.06% of the company’s shares, worth THB147.21M. The average tenure of the management team and the board of directors is 15.8 years and 18.3 years respectively.

Key information

Wisood Ieosivikul

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	11.3yrs
CEO ownership	13.1%
Management average tenure	15.8yrs
Board average tenure	18.3yrs

Recent management updates

Recent updates

CEO

Wisood Ieosivikul (64 yo)

11.3yrs

Tenure

฿220,000

Compensation

Mr. Wisood Ieosivikul has been the Managing Director at The Retreat Hua Hin Company Limited, Max Real Estate Company Limited and Max Condo Kaset Co., Ltd. since January 18, 2013. Mr. Ieosivikul has been th...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wisood Ieosivikul	Chairman of Board	11.3yrs	฿220.00k	13.06% THB 147.2m
Roongrawee Iampongpaitoon	Asst. MD of Accounting & Finance Department	no data	฿120.00k	no data
Sorasak Ieosivikul	Deputy MD & Director	22.3yrs	฿120.00k	1.59% THB 17.9m
Akachai Ieosivikul	Deputy MD & Director	20.3yrs	฿120.00k	1.99% THB 22.4m
Saowaluk Poolkua	Accounting Manager	3yrs	no data	no data

15.8yrs

Average Tenure

59.5yo

Average Age

Experienced Management: MIDA's management team is seasoned and experienced (15.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wisood Ieosivikul	Chairman of Board	11.3yrs	฿220.00k	13.06% THB 147.2m
Roongrawee Iampongpaitoon	Asst. MD of Accounting & Finance Department	19.3yrs	฿120.00k	no data
Sorasak Ieosivikul	Deputy MD & Director	no data	฿120.00k	1.59% THB 17.9m
Akachai Ieosivikul	Deputy MD & Director	20.3yrs	฿120.00k	1.99% THB 22.4m
Somsak Saksuthaporn	Director	20.3yrs	฿120.00k	0.82% THB 9.2m
Phisoot Suksangtip	Independent Director	18.3yrs	฿120.00k	no data
Mongkol Sunthitiwitoon	Independent Director	14.3yrs	฿120.00k	no data
Nuchjarin Roopsom	Independent Director	6.6yrs	฿120.00k	no data

18.3yrs

Average Tenure

61yo

Average Age

Experienced Board: MIDA's board of directors are seasoned and experienced ( 18.3 years average tenure).

Mida Assets Management

Management criteria checks 3/4

Key information

Recent management updates

Mida Assets Public Company Limited, Annual General Meeting, Apr 26, 2024

Less than half of directors are independent

Less than half of directors are independent

Mida Assets Public Company Limited, Annual General Meeting, Apr 28, 2021

Recent updates

New minor risk - Earnings quality

Mida Assets Public Company Limited, Annual General Meeting, Apr 26, 2024

Full year 2023 earnings released: EPS: ฿117 (vs ฿0.089 loss in FY 2022)

New minor risk - Share price stability

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: ฿0.056 (vs ฿0.025 loss in 3Q 2022)

TSC Corporation Company Limited acquired 99.99% stake in Bangkok Charan Asset Management Co., Ltd. from Mida Assets Public Company Limited (SET:MIDA) for THB 31 million

New major risk - Financial position

Second quarter 2023 earnings released: EPS: ฿0.06 (vs ฿0.016 loss in 2Q 2022)

First quarter 2023 earnings released: EPS: ฿0.016 (vs ฿0.024 loss in 1Q 2022)

Third quarter 2022 earnings released: ฿0.025 loss per share (vs ฿0.024 loss in 3Q 2021)

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.016 loss per share (vs ฿0.034 loss in 2Q 2021)

First quarter 2022 earnings released: ฿0.02 loss per share (vs ฿0.026 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: ฿0.024 loss per share (vs ฿0.014 loss in 3Q 2020)

Second quarter 2021 earnings released: ฿0.034 loss per share (vs ฿0.012 loss in 2Q 2020)

Accounting Manager has left the company

First quarter 2021 earnings released: ฿0.026 loss per share (vs ฿0.008 loss in 1Q 2020)

Mida Assets Public Company Limited, Annual General Meeting, Apr 28, 2021

Full year 2020 earnings released: ฿0.05 loss per share (vs ฿0.005 profit in FY 2019)

New 90-day low: ฿0.44

Third quarter 2020 earnings released: ฿0.014 loss per share

New 90-day low - ฿0.33

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age