Asphere Innovations Management

Management criteria checks 4/4

Asphere Innovations' CEO is Kittipong Prucksa-Aroon, appointed in May 2022, has a tenure of 4.08 years. directly owns 0% of the company’s shares, worth THB3.91K. The average tenure of the management team and the board of directors is 2.3 years and 11.5 years respectively.

Key information

Kittipong Prucksa-Aroon

Chief executive officer

฿300.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	2yrs
CEO ownership	0.0001%
Management average tenure	2.3yrs
Board average tenure	11.5yrs

Recent management updates

Recent updates

CEO

Kittipong Prucksa-Aroon (55 yo)

2yrs

Tenure

฿300,000

Compensation

Mr. Kittipong Prucksa-Aroon served as Managing Director at Asphere Innovations Public Company Limited (formerly known as Asiasoft Corporation Public Company Limited) since February 2020 until February 2024...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kittipong Prucksa-Aroon	CEO, CEO of Blockchain & Innovation Technologies Business Group and Director	2yrs	฿300.00k	0.00014% THB 3.9k
Chek Wai Ung	Chief Financial Officer	no data	no data	no data
Chawanin Tritavornyuenyong	Accounting & Finance Director	no data	no data	no data
Quach Dong Quang	Chief Executive Officer of Online Game Group - Play Park	2.3yrs	no data	no data
Weena Ouppakham	Company Secretary	3.2yrs	no data	no data

2.3yrs

Average Tenure

55yo

Average Age

Experienced Management: AS's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kittipong Prucksa-Aroon	CEO, CEO of Blockchain & Innovation Technologies Business Group and Director	4.1yrs	฿300.00k	0.00014% THB 3.9k
Monluedee Sookpantarat	Independent Director	16.5yrs	฿510.00k	0.080% THB 2.2m
Pramoth Sudjitporn	Chairman	17yrs	฿420.00k	29.79% THB 832.9m
Chalermphong Jitkuntivong	Independent Director	17yrs	฿600.00k	0.15% THB 4.2m
Yanaphon Youngyuen	Independent Director	6.5yrs	฿510.00k	0.049% THB 1.4m
Teeradet Dumrongbhalasitr	Director	less than a year	no data	no data

11.5yrs

Average Tenure

61yo

Average Age

Experienced Board: AS's board of directors are seasoned and experienced ( 11.5 years average tenure).

Asphere Innovations Management

Management criteria checks 4/4

Key information

Recent management updates

Asphere Innovations Public Company Limited, Annual General Meeting, Apr 26, 2024

High number of new directors

Asphere Innovations Public Company Limited Announces Board Changes

Insufficient new directors

Less than half of directors are independent

Asiasoft Corporation Public Company Limited Approves to Appoint Kittipong Prucksa-Aroon to Be a Chief Executive Officer of Blockchain & Fintech

Recent updates

Asphere Innovations Public Company Limited Refrains from Paying Dividend for the Accounting Period Ended December 31, 2023

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: ฿0.43 (vs ฿0.58 in FY 2022)

Asphere Innovations Public Company Limited, Annual General Meeting, Apr 26, 2024

High number of new directors

Asphere Innovations Public Company Limited Announces Board Changes

Asphere Innovations Public Company Limited (SET:AS) announces an Equity Buyback for 15,000,000 shares, representing 2.96% for THB 120 million.

New minor risk - Earnings quality

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 16%

Free Ocean Games Pte. Ltd. agreed to acquire a 61.68% stake in CIB Development Sdn. Bhd. from Asphere Innovations Public Company Limited (SET:AS) for MYR 12.3 million.

Now 20% undervalued after recent price drop

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 15%

First quarter 2023 earnings released: EPS: ฿0.09 (vs ฿0.23 in 1Q 2022)

Insufficient new directors

Upcoming dividend of ฿0.23 per share at 3.2% yield

Consensus revenue estimates fall by 17%

Price target decreased by 34% to ฿12.55

Sabuy Technology Public Company Limited (SET:SABUY) acquired a 10.3853% stake in Asiasoft Corporation Public Company Limited (SET:AS) from Pramoth Sudjitporn and Saowaluck Jitsumrit.

Price target decreased to ฿18.30

Less than half of directors are independent

Now 20% undervalued

Now 23% undervalued

Upcoming dividend of ฿0.30 per share

Second quarter 2022 earnings released: EPS: ฿0.19 (vs ฿0.26 in 2Q 2021)

Asiasoft Corporation Public Company Limited Announces Interim Dividend for the first six months of the fiscal year 2022, Payable on September 8, 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Asiasoft Corporation Public Company Limited Approves to Appoint Kittipong Prucksa-Aroon to Be a Chief Executive Officer of Blockchain & Fintech

Less than half of directors are independent

Asiasoft Corporation Public Company Limited Approves Dividend for the Year 2021, Payable on May 9, 2022

Investor sentiment deteriorated over the past week

Price target increased to ฿24.00

Upcoming dividend of ฿0.30 per share

Price target increased to ฿24.00

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Asiasoft Corporation Public Company Limited Proposes Dividend, Payable on May 9, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ฿0.30 (vs ฿0.25 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Upcoming dividend of ฿0.40 per share

Second quarter 2021 earnings released: EPS ฿0.26 (vs ฿0.29 in 2Q 2020)

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Asiasoft Corporation Public Company Limited (SET:AS) agreed to acquire an unknown stake in Cong Ty Tnhh Chau A Mem Co for THB 37.8 million.

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS ฿0.25 (vs ฿0.05 in 1Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Company Secretary has left the company

Asiasoft Corporation Public Company Limited Appoints Weena Ouppakham as Company Secretary, Effective March 1, 2021 Onwards

Asiasoft Corporation Public Company Limited, Annual General Meeting, Apr 23, 2021

Full year 2020 earnings released: EPS ฿0.75 (vs ฿0.011 in FY 2019)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ฿7.05

Market bids up stock over the past week

New 90-day high: ฿6.45

Asiasoft Corporation Public Company Limited Appoints Pramoth Sudjitporn as Acting Chairman

Third quarter 2020 earnings released: EPS ฿0.25

Market bids up stock over the past week

Market pulls back on stock over the past week

Market pulls back on stock over the past week

Asiasoft Corporation Public Company Limited Announces Resignation of Tan Tgow Lim as A Director

New 90-day high - ฿4.98

New 90-day high - ฿1.97