Homepage
PR Newswire
19-10-2020, 06:03 PM
Hi Squirrel,
I've gone through some qualitative and quantitative analysis - while the quantitative part is impressive (this year versus last), I'm taken aback by the compensation given to Mr Teo Cher Koon. While his base salary (which is quite a high base) goes up year on year at an acceptable 4%, his bonuses and other compensation looks to be quite wild for me. This sticks out like a sore thumb for me, when I look at his overall package versus ISDN's net income or operating income (and versus other companies with similar performances 'metrics-wise. I happened to find an annual report over a decade and a half ago, it appears to me that the board members have been largely the same. Is the remuneration committee as independent as it should be? Is Mr Teo's $2-4 million disproportionate to the company's $10-20 million earnings each year in the last decade?
I've gone through some qualitative and quantitative analysis - while the quantitative part is impressive (this year versus last), I'm taken aback by the compensation given to Mr Teo Cher Koon. While his base salary (which is quite a high base) goes up year on year at an acceptable 4%, his bonuses and other compensation looks to be quite wild for me. This sticks out like a sore thumb for me, when I look at his overall package versus ISDN's net income or operating income (and versus other companies with similar performances 'metrics-wise. I happened to find an annual report over a decade and a half ago, it appears to me that the board members have been largely the same. Is the remuneration committee as independent as it should be? Is Mr Teo's $2-4 million disproportionate to the company's $10-20 million earnings each year in the last decade?
It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy. –George Lorimer