It Looks Like Niche Capital Emas Holdings Berhad's (KLSE:NICE) CEO May Expect Their Salary To Be Put Under The Microscope

Simply Wall St · 11/18/2025 22:30

Key Insights

  • Niche Capital Emas Holdings Berhad will host its Annual General Meeting on 25th of November
  • Salary of RM720.0k is part of CEO Julian Foo's total remuneration
  • The overall pay is comparable to the industry average
  • Niche Capital Emas Holdings Berhad's three-year loss to shareholders was 26% while its EPS was down 1.1% over the past three years

The results at Niche Capital Emas Holdings Berhad (KLSE:NICE) have been quite disappointing recently and CEO Julian Foo bears some responsibility for this. Shareholders can take the chance to hold the board and management accountable for the unsatisfactory performance at the next AGM on 25th of November. They will also get a chance to influence managerial decision-making through voting on resolutions such as executive remuneration, which may impact firm value in the future. From our analysis, we think CEO compensation may need a review in light of the recent performance.

View our latest analysis for Niche Capital Emas Holdings Berhad

How Does Total Compensation For Julian Foo Compare With Other Companies In The Industry?

Our data indicates that Niche Capital Emas Holdings Berhad has a market capitalization of RM148m, and total annual CEO compensation was reported as RM808k for the year to June 2025. There was no change in the compensation compared to last year. In particular, the salary of RM720.0k, makes up a huge portion of the total compensation being paid to the CEO.

In comparison with other companies in the Malaysia Luxury industry with market capitalizations under RM833m, the reported median total CEO compensation was RM811k. This suggests that Niche Capital Emas Holdings Berhad remunerates its CEO largely in line with the industry average. What's more, Julian Foo holds RM18m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component 2025 2024 Proportion (2025)
Salary RM720k RM720k 89%
Other RM88k RM88k 11%
Total Compensation RM808k RM808k 100%

Speaking on an industry level, nearly 70% of total compensation represents salary, while the remainder of 30% is other remuneration. Niche Capital Emas Holdings Berhad pays out 89% of remuneration in the form of a salary, significantly higher than the industry average. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.

ceo-compensation
KLSE:NICE CEO Compensation November 18th 2025

Niche Capital Emas Holdings Berhad's Growth

Niche Capital Emas Holdings Berhad has reduced its earnings per share by 1.1% a year over the last three years. In the last year, its revenue is down 65%.

A lack of EPS improvement is not good to see. This is compounded by the fact revenue is actually down on last year. So given this relatively weak performance, shareholders would probably not want to see high compensation for the CEO. We don't have analyst forecasts, but you could get a better understanding of its growth by checking out this more detailed historical graph of earnings, revenue and cash flow.

Has Niche Capital Emas Holdings Berhad Been A Good Investment?

Given the total shareholder loss of 26% over three years, many shareholders in Niche Capital Emas Holdings Berhad are probably rather dissatisfied, to say the least. This suggests it would be unwise for the company to pay the CEO too generously.

To Conclude...

Not only have shareholders not seen a favorable return on their investment, but the business hasn't performed well either. Few shareholders would be willing to award the CEO with a pay raise. At the upcoming AGM, the board will get the chance to explain the steps it plans to take to improve business performance.

We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. In our study, we found 5 warning signs for Niche Capital Emas Holdings Berhad you should be aware of, and 2 of them are significant.

Important note: Niche Capital Emas Holdings Berhad is an exciting stock, but we understand investors may be looking for an unencumbered balance sheet and blockbuster returns. You might find something better in this list of interesting companies with high ROE and low debt.