{
  "id": 10713036,
  "title": "SGX CEO Loh Boon Chye’s pay rises 7% to $8.37m as exchange delivers standout year",
  "url": "https://urgent.news/2026/09/29/sgx-ceo-loh-boon-chyes-pay-rises-7-to-8-37m-as-exchange-delivers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T14:55:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/sgx-ceo-loh-boon-chyes-pay-rises-7-to-8-37m-as-exchange-delivers-standout-year"
  },
  "original_language": "en",
  "account": "Singapore Exchange (SGX) chief executive Loh Boon Chye received a total compensation package of $8.37 million for the financial year ended June 30, marking a 7.1% increase from his $7.82 million pay in the previous year. His pay rise was primarily driven by a 8.4% boost in both his cash bonus and long-term incentives, which collectively constituted nearly 85% of his total remuneration. The cash bonus climbed to $3.54 million from $3.26 million the prior year, while long-term incentives rose to $3.54 million from $3.27 million, thanks to performance shares and awards under SGX's deferred long-term incentive scheme. Loh's base salary remained steady at $1.21 million. SGX's other top earners were president Michael Syn, whose pay increased 16.2% to $3.45 million, and Tan Boon Gin, CEO of SGX Regulation, whose compensation rose 7% to $2.44 million. SGX reported exceptional financial results in FY2026, with revenue soaring 13.9% to $1.48 billion and adjusted net profit surging 24.6% to $759.5 million. The exchange's growth was consistent across all segments, fueled by a strong stock market following regulatory and developmental initiatives by the Singapore Government and central bank. The Straits Times Index breached the 5,000 point milestone for the first time in February, while securities’ daily average value topped $2 billion in the last five months of FY2026. In his annual shareholder letter, Loh praised the robust IPO pipeline, heightened trading activity, and broad-based participation in all investor and stock segments, indicating growing market confidence. The exchange also enjoyed significant activity in foreign exchange and commodities. Looking ahead, Loh anticipated further evolution in traditional marketplaces, citing prediction markets as an example of innovative trading platforms. He stated that SGX is exploring these advancements to meet customers' economic and risk-management needs. The company plans to fully repay its debt by FY2027 and aims to raise its quarterly dividend by 0.25 cents annually through FY2028. The board proposed a one-time additional dividend of 12.5 cents per share, boosting total dividends to 57 cents per share, marking a 52% increase from the previous year. Loh expects sustained growth across SGX's operating segments into FY2027 and upheld medium-term guidance for group revenue to expand by 6% to 8%.",
  "summary": "He received higher cash bonuses and long-term incentives after he achieved specific targets for the year.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "SGX CEO Loh Boon Chye’s FY2026 pay rises 7.1% to S$8.37 million in FY2026",
        "url": "https://urgent.news/2026/09/29/sgx-ceo-loh-boon-chyes-fy2026-pay-rises-7-1-to-s-8-37-million-in",
        "published": "2026-09-29T11:32:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}