We Think Shareholders May Want To Consider A Review Of SOCAM Development Limited’s (HKG:983) CEO Compensation Package

Key Insights

  • SOCAM Development to hold its Annual General Meeting on 29th of May
  • Salary of HK$5.85m is part of CEO Freddy Lee’s total remuneration
  • The overall pay is 186% above the industry average
  • SOCAM Development’s three-year loss to shareholders was 69% while its EPS was down 59% over the past three years

SOCAM Development Limited (HKG:983) has not performed well recently and CEO Freddy Lee will probably need to up their game. Shareholders can take the chance to hold the board and management accountable for the unsatisfactory performance at the next AGM on 29th of May. This will be also be a chance where they…

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