Planet Communications Asia Management

Management criteria checks 4/4

Planet Communications Asia's CEO is Prapat Rathlertkarn, appointed in Jan 1994, has a tenure of 30.83 years. directly owns 15.21% of the company’s shares, worth THB129.72M. The average tenure of the management team and the board of directors is 3.5 years and 6.6 years respectively.

Key information

Prapat Rathlertkarn

Chief executive officer

฿180.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	30.8yrs
CEO ownership	15.2%
Management average tenure	3.5yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO

Prapat Rathlertkarn (65 yo)

30.8yrs

Tenure

฿180,000

Compensation

Mr. Prapat Rathlertkarn has been Deputy Chairman, Chief Executive Officer, President and Chairman of Executive Committee at Planet Communications Asia Public Company Limited since 1994 and has been its Dir...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Prapat Rathlertkarn	Vice Chairman	30.8yrs	฿180.00k	15.21% THB 129.7m
Trevor Thompson	President	30.8yrs	฿170.00k	15.04% THB 128.2m
Ummika Rathlertkarn	Chief Financial Officer	3.5yrs	no data	no data
Aneak Pongsabutra	Chief Operation Officer	3.1yrs	no data	no data
Jittra Kensa	Head of Accounting Department	3.5yrs	no data	no data
Veerasak Athornchaikul	Chief Marketing Officer	8.8yrs	no data	0.012% THB 106.3k
Rungroj Jaturaworaporn	Chief Revenue Officer	3.4yrs	no data	no data

3.5yrs

Average Tenure

50yo

Average Age

Experienced Management: PLANET's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Prapat Rathlertkarn	Vice Chairman	30.6yrs	฿180.00k	15.21% THB 129.7m
Trevor Thompson	President	30.6yrs	฿170.00k	15.04% THB 128.2m
Somkid Wangcherdchuwong	Independent Director	9.5yrs	฿240.00k	no data
Wichai Laohmatvanich	Independent Director	6.8yrs	฿250.00k	no data
Ruttikorn Varakulsiripunth	Independent Chairman of the Board	6.4yrs	฿345.00k	no data
Kangwan Yodwisitsak	Independent Director	less than a year	no data	no data
Panom Ratanarat	Non-Executive Director	3.3yrs	฿690.00k	0.054% THB 456.4k
Atcharawan Jearthanaporn	Non-Executive Director	2.8yrs	฿590.00k	0.028% THB 241.5k

6.6yrs

Average Tenure

66yo

Average Age

Experienced Board: PLANET's board of directors are considered experienced (6.6 years average tenure).

Planet Communications Asia Management

Management criteria checks 4/4

Key information

Recent management updates

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 30, 2024

Planet Communications Asia Public Company Limited Approves Appointment of Kangwan Yodvisishthak as an Independent Director, Audit Committee Member, and Nomination and Remuneration Committee Member

Planet Communications Asia Public Company Limited Announces Change in Audit Committee and Appointment of Risk Management Committee Chair

Less than half of directors are independent

Planet Communications Asia Public Company Limited Announces Resignation of Taweesak Srisumrid as Independent Director, Audit Committee, Nomination Remuneration and Corporate Governance Director, and Chairman of Risk Management Committee, Effective on 30 September 2023 Onwards

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 25, 2022

Recent updates

Second quarter 2024 earnings released: ฿0.08 loss per share (vs ฿0.05 loss in 2Q 2023)

New minor risk - Share price stability

New major risk - Financial position

New major risk - Market cap size

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 30, 2024

Full year 2023 earnings released: ฿0.43 loss per share (vs ฿0.072 loss in FY 2022)

Planet Communications Asia Public Company Limited Approves Appointment of Kangwan Yodvisishthak as an Independent Director, Audit Committee Member, and Nomination and Remuneration Committee Member

Planet Communications Asia Public Company Limited Announces Change in Audit Committee and Appointment of Risk Management Committee Chair

Third quarter 2023 earnings released: ฿0.21 loss per share (vs ฿0.02 loss in 3Q 2022)

New major risk - Market cap size

Less than half of directors are independent

Planet Communications Asia Public Company Limited Announces Resignation of Taweesak Srisumrid as Independent Director, Audit Committee, Nomination Remuneration and Corporate Governance Director, and Chairman of Risk Management Committee, Effective on 30 September 2023 Onwards

Second quarter 2023 earnings released: ฿0.05 loss per share (vs ฿0.035 profit in 2Q 2022)

Planet Communications Asia Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 270 million.

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.001 in 1Q 2021)

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

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 25, 2022

Independent Director Sharinee Kalayanamitr has left the company

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.06 loss in 1Q 2020)

Independent Director has left the company

Independent Director has left the company

New 90-day high: ฿1.36

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 27, 2021

Full year 2020 earnings released: EPS ฿0.01 (vs ฿0.004 loss in FY 2019)

New 90-day high: ฿1.26

Third quarter 2020 earnings released: EPS ฿0.008

New 90-day high: ฿1.40

New 90-day high - ฿1.12

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age