Newcity (Bangkok) Management

Management criteria checks 3/4

Newcity (Bangkok)'s CEO is Pipope Chokwathana, appointed in Mar 2019, has a tenure of 5.67 years. directly owns 2.38% of the company’s shares, worth THB10.53M. The average tenure of the management team and the board of directors is 4.7 years and 21.8 years respectively.

Key information

Pipope Chokwathana

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	5.7yrs
CEO ownership	2.4%
Management average tenure	4.7yrs
Board average tenure	21.8yrs

Recent management updates

Recent updates

CEO

Pipope Chokwathana (47 yo)

5.7yrs

Tenure

฿221,000

Compensation

Mr. Phiphob Chokwathana, also known as Pipope, has been Chief of Executive Director at New city (Bangkok) Public Company Limited since March 8, 2019. He serves as a Director at Saha Pathana Inter Holding P...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Phiphob Chokwathana	Deputy Chairman & Chief of Executive Director	5.7yrs	฿221.00k	2.38% THB 10.5m
Vorawan Chokewathana	Director of Finance & Ware House	no data	฿121.00k	2.62% THB 11.6m
Adul Srimadee	Legal Manager & Company Secretary	10.8yrs	฿81.00k	no data
Pataya Ketushathira	Cosmetics Sales Manager & Director	no data	฿61.00k	no data
Nivorn Jansang	Assistant Account Manager	3.8yrs	no data	no data
Sujitra Karnjananant	Human Resources Manager	no data	no data	no data
Patcharin Trikulkitipan	Executive Director	2.8yrs	no data	no data
Sameang Chantrima	Secretary	no data	฿293.00k	no data

4.7yrs

Average Tenure

59yo

Average Age

Experienced Management: NC's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Phiphob Chokwathana	Deputy Chairman & Chief of Executive Director	21.8yrs	฿221.00k	2.38% THB 10.5m
Vorawan Chokewathana	Director of Finance & Ware House	9.8yrs	฿121.00k	2.62% THB 11.6m
Pataya Ketushathira	Cosmetics Sales Manager & Director	33.8yrs	฿61.00k	no data
Patcharin Trikulkitipan	Executive Director	2.8yrs	no data	no data
Sameang Chantrima	Secretary	no data	฿293.00k	no data
Boonpakorn Chokvathana	Chairman	55.8yrs	฿335.00k	6.38% THB 28.3m
Suksan Fuangrit	Independent Director	21.8yrs	฿126.00k	no data
Chamnean Chokwathana	Deputy Chairman	36.8yrs	฿121.00k	no data
Waraporn Phekanant	Independent Director	25.8yrs	฿105.00k	no data
Kaweepong Hirankasi	Independent Director	15.8yrs	฿90.00k	no data
Piratchai Pragobsub	Independent Director	6.7yrs	฿151.00k	no data

21.8yrs

Average Tenure

72.5yo

Average Age

Experienced Board: NC's board of directors are seasoned and experienced ( 21.8 years average tenure).

Newcity (Bangkok) Management

Management criteria checks 3/4

Key information

Recent management updates

Newcity (Bangkok) Public Company Limited Announces Management Changes

Less than half of directors are independent

Less than half of directors are independent

New City (Bangkok) Public Company Limited Announces Management Changes

Newcity (Bangkok) Public Company Limited, Annual General Meeting, Apr 27, 2021

Newcity (Bangkok) Public Company Limited Announces Changes to Its Board

Recent updates

Third quarter 2024 earnings released: ฿0.006 loss per share (vs ฿0.016 profit in 3Q 2023)

Investor sentiment deteriorates as stock falls 16%

Now 20% undervalued

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 40%

Second quarter 2024 earnings released: ฿0.012 loss per share (vs ฿0.025 profit in 2Q 2023)

Investor sentiment deteriorates as stock falls 17%

New major risk - Market cap size

Investor sentiment deteriorates as stock falls 16%

First quarter 2024 earnings released: EPS: ฿0.056 (vs ฿0.076 in 1Q 2023)

Upcoming dividend of ฿0.02 per share

Dividend of ฿0.02 announced

Newcity (Bangkok) Public Company Limited Proposes Dividend for the Year 2023, Payable on May 21, 2024

Full year 2023 earnings released: EPS: ฿0.14 (vs ฿0.062 in FY 2022)

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 67%

Investor sentiment deteriorates as stock falls 16%

Investor sentiment deteriorates as stock falls 25%

Investor sentiment improves as stock rises 149%

Investor sentiment deteriorates as stock falls 90%

Upcoming dividend of ฿0.014 per share

Investor sentiment improves as stock rises 34%

Newcity (Bangkok) Public Company Limited Announces Management Changes

Less than half of directors are independent

First quarter 2022 earnings released: EPS: ฿0.18 (vs ฿0.50 loss in 1Q 2021)

Less than half of directors are independent

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

New City (Bangkok) Public Company Limited Announces Management Changes

Second quarter 2021 earnings released: ฿0.52 loss per share (vs ฿0.30 loss in 2Q 2020)

First quarter 2021 earnings released: ฿0.50 loss per share (vs ฿0.092 profit in 1Q 2020)

PNewcity (Bangkok) Public Company Limited Proposes to Approve the Omission of Dividends for the Year 2020

Newcity (Bangkok) Public Company Limited, Annual General Meeting, Apr 27, 2021

Director has left the company

Newcity (Bangkok) Public Company Limited Announces Changes to Its Board

Full year 2020 earnings released: ฿2.41 loss per share (vs ฿0.56 profit in FY 2019)

Chief Accountant has left the company

Newcity (Bangkok) Public Company Limited Announces Management Changes

Third quarter 2020 earnings released: ฿0.45 loss per share

Newcity (Bangkok) Public Company Limited Announces Executive Changes

Upcoming Dividend of ฿0.10 Per Share

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age