NED Fee Pool Efficiency

Fee pool utilisation analysis for non-executive directors of SGX-listed companies. Compares total NED fees paid against shareholder-approved fee pool limits, highlights companies approaching or exceeding their caps, and benchmarks committee fee premiums.

Total NED Fees

$24.1M

36 companies

Avg Fee per NED

$140K

across all companies

Avg Pool Utilisation

71.7%

of approved limits

Companies with Pool Data

12

of 36 total

Company Fee Pool Utilisation

TickerCompanyTotal NED FeesUtilisationNEDs
T14Tuan Sing Holdings Ltd$468,251
100%
4
NC2RH Petrogas Ltd$481,742
100%
8
E5HGolden Agri-Resources Ltd$526,040
98%
5
G07Great Eastern Life Assurance Company Ltd$2,725,000
97%
11
BN4Keppel Ltd$2,246,327
92%
8
S63Singapore Technologies Engineering Ltd$1,896,949
76%
11
C09City Developments Ltd$1,285,766
64%
7
F9DBoustead Singapore Ltd$221,000
64%
3
T6ITiong Seng Holdings Ltd$183,000
61%
4
U96SembCorp Industries Ltd$1,189,000
52%
5
C07Jardine Cycle & Carriage Ltd$493,000
43%
5
P8ZBumitama Agri Ltd$52,000
13%
1
O39Oversea-Chinese Banking Corporation Ltd$3,403,084No pool data4
CC3StarHub Ltd$1,652,825No pool data11
BSLRaffles Medical Group Ltd$721,531No pool data7
JYEULendlease Global Commercial REIT$581,579No pool data5
T82USuntec Real Estate Investment Trust$578,278No pool data6
J91UESR-LOGOS REIT$560,000No pool data5
F03Food Empire Holdings Ltd$490,122No pool data6
5WHRex International Holding Ltd$438,917No pool data4
AU8UCapitaLand China Trust$426,389No pool data4
H15Hotel Properties Ltd$362,484No pool data5
H02Haw Par Corporation Ltd$349,000No pool data3
M1GUSabana Industrial REIT$335,000No pool data2
EMIEmperador Inc$300,000No pool data2
BCDIndo Agri Resources Ltd$281,666No pool data4
AP4Riverstone Holdings Ltd$262,667No pool data4
A7RUKeppel Infrastructure Trust$247,000No pool data2
OYYPropNex Ltd$228,000No pool data3
CJLUNetLink NBN Trust$210,000No pool data1
C2PUParkway Life Real Estate Investment Trust$181,000No pool data2
D05DBS Group Holdings Ltd$165,000No pool data1
5OIJapan Foods Holding Ltd$151,000No pool data4
A50Thomson Medical Group Ltd$125,000No pool data1
1B0mm2 Asia Ltd$125,000No pool data1
S71Sunningdale Tech Ltd$122,000No pool data3
<70% 70-90% >90%

Highest Paid NEDs

#DirectorCompanyBase FeesTotal (SGD)
1Andrew LeeO39$2,100,000$2,254,476
2Andrew LeeO39$1,964,109$2,086,876
3Soon Tit KoonG07$763,000$763,000
4Tow Heng TanU96$525,000$750,000
5Teo Ming KianS63$525,000$750,000
6Danny TeohBN4$525,000$750,000
7Teo Ming KianS63$428,520$612,171
8Christina OngO39$283,000$391,536
9Chua Kim ChiuO39$277,000$385,536
10Chong Chuan NeoO39$263,000$371,536
11Chua Kim ChiuO39$281,000$364,443
12Christina OngO39$271,000$354,357
13Olivier LimCC3$258,177$348,177
14Chong Chuan NeoO39$261,425$344,782
15Lee Jee Cheng PhilipC09$180,000$287,971
16Mark Christopher GreavesC52$277,175$277,175
17Lee Fook SunG07$263,000$263,000
18Shirish ApteBN4$183,725$262,464
19Tham Sai ChoyBN4$177,100$253,000
20Helen WongG07$252,000$252,000

Committee Fee Premium

Committee fees as a percentage of base fees. Higher premiums suggest the company places greater value on committee service workload.

104%
44%
43%
41%
33%
32%
10%

Average NED Fee by Sector

Financials
$421K
3 companies
Utilities
$181K
2 companies
Communication Services
$162K
3 companies
Industrials
$123K
5 companies
Real Estate
$114K
10 companies
Health Care
$103K
4 companies
Consumer Staples
$92K
5 companies
Energy
$85K
2 companies
Consumer Discretionary
$68K
2 companies

Analysis presented is based on available data and disclosed methodology. Observations may not account for all relevant factors. This content is provided for educational and informational purposes only.

Data sources · Full disclaimer