Hsien Loong Wong
About Hsien Loong Wong
Independent director of FingerMotion, Inc. (FNGR); age 49 as of January 30, 2025 . Appointed to the Board on April 14, 2017; previously served as FNGR’s CEO and CFO (resigned those executive roles on December 1, 2018, continuing as director) . Background spans investor relations, property and real estate leadership, and prior public company operating experience; education includes BA (Hons) Communications, Simon Fraser University, and MSc in Real Estate, National University of Singapore .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| FingerMotion, Inc. | CEO and CFO; Director | CEO/CFO from Apr 14, 2017 to Dec 1, 2018; Director since Apr 14, 2017 | Transitioned from executive to independent director; provides historical context aiding management decisions |
| Nexgen Petroleum Corp. | Chief Executive Officer | Jul 2007–Sep 2009 | Led oil and gas drilling operations; public company operating experience noted |
| Big Box Singapore Pte Ltd | Senior Manager, Business Development; Director of Property | Dec 2012–Sep 2017 | Oversaw property valued at ~$600 million; business development leadership |
| Various (early career) | Investor relations | Early career (dates not specified) | Technology, biotechnology, mining, oil & gas IR experience |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Propnex (Singapore’s largest listed real estate agency) | Senior Associated Division Director (team lead) | As of Jan 2023 | Operating role, not a directorship |
| Food Bank Singapore (registered charity) | Director | Since Jan 2015 | Non-profit board position |
Board Governance
- Independence: Board determined Wong is independent under Nasdaq standards; one of FNGR’s three current non-executive independent directors .
- Committee assignments: Audit Committee member (committee chaired by Yew Poh Leong; other member Eng Ho Ng) . Not listed on the Nominating & Corporate Governance, Compensation, or Risk & Information Security Committees (each comprised of Leong [Chair] and Ng) .
- Attendance: Board held 3 meetings in fiscal year ended Feb 29, 2024; no director attended fewer than 100% of meetings .
- Governance policies: Code of Business Conduct and Ethics (Dec 15, 2021) ; Securities Trading and Reporting Guidelines (Dec 15, 2021) ; Anti-Hedging and Anti-Pledging Policy prohibits hedging and pledging unless pre-approved ; Clawback Policy (Nov 17, 2023) applies to executive officers in restatement scenarios per SEC/Nasdaq rules .
Fixed Compensation
| Component | Amount | Period | Notes |
|---|---|---|---|
| Cash retainer | $2,000/month | Fiscal 2024 | Regular board service fee |
| Total director fees (cash) | $24,000 | Fiscal 2024 | Wong received $24,000; no stock or option awards in FY2024 |
Performance Compensation
- Director equity awards during FY2024: None (no stock awards or option awards granted to non-executive directors in FY2024 per director compensation table) .
- Outstanding director stock options (reference point): As of Feb 29, 2024, directors collectively held 298,500 options; Wong held 78,500 options at that date (counts only; economics not disclosed in director table) .
- Beneficial ownership breakdown on Jan 30, 2025 includes options “vested or vest within 60 days” (see Equity Ownership section) .
Other Directorships & Interlocks
| Entity | Type | Role | Potential Interlock/Conflict |
|---|---|---|---|
| Food Bank Singapore | Non-profit | Director | No FNGR related-party transactions disclosed; no conflicts identified |
| Propnex | Public company (Singapore) | Senior Associated Division Director (employee role) | Operating role; not a board position; no FNGR related-party transactions disclosed |
- No other current public company board positions disclosed for Wong beyond FNGR .
Expertise & Qualifications
- Domain expertise: Investor relations across tech/biotech/mining/oil & gas; property/real estate operations and leadership (Big Box; Propnex) .
- Board qualification: Serves on Audit Committee; Audit financial expert designation belongs to Yew Poh Leong (Chair), not Wong .
- Education: BA (Hons) Communications (Simon Fraser University); MSc Real Estate (National University of Singapore) .
Equity Ownership
| Category | Shares/Units | % of Outstanding | Notes |
|---|---|---|---|
| Common shares held directly | 370,000 | <1% (*) | As of Jan 30, 2025 |
| Stock options (exercisable or vesting within 60 days) | 62,800 | N/A | As of Jan 30, 2025 |
| Total beneficial ownership | 432,800 | <1% (*) | Based on 57,141,186 shares outstanding at Record Date (Jan 30, 2025) |
- Anti-pledging: Company policy prohibits pledging absent N&CG Committee approval; no pledging disclosed for Wong .
- Section 16 compliance: No late/unfiled reports disclosed for Wong in FY2024 (one director, Leong, had two late filings) .
Governance Assessment
- Strengths: Independent status; 100% board meeting attendance in FY2024; service on Audit Committee with majority independent composition; robust anti-hedging/anti-pledging and trading policies; no related-party transactions involving directors; Section 16 compliance clean for Wong .
- Alignment: Meaningful personal share ownership (370,000 shares) plus options, though ownership remains <1% of outstanding; cash-only director pay in FY2024 ($24,000) with no new equity awards suggests conservative director pay structure .
- Watch items: Prior executive service (CEO/CFO) at FNGR through Dec 1, 2018; Board affirms independence under Nasdaq, but investors may scrutinize independence optics given Audit Committee membership .
- Red flags: None disclosed regarding legal proceedings, related-party transactions, hedging/pledging, or director trading plans in last quarter; one other director had late Section 16 filings (not Wong) .
Insider Trading and Plans
| Item | Status | Period | Notes |
|---|---|---|---|
| Rule 10b5-1 trading/“non-Rule 10b5-1” arrangements | None adopted/modified/terminated by directors or officers in last quarter | Most recent quarter disclosed | Applies company-wide; no specific director plans disclosed |
| Section 16(a) compliance | Compliant (Wong) | FY2024 | No late filings attributed to Wong |
Related Party Transactions and Conflicts
- Related party transactions: None involving directors, nominees, officers, >10% holders, or immediate family members that materially affect the Company; Board reviews any proposed related-party transactions for fairness .
- Conflicts: None known; directors hold outside roles, and Board notes potential conflicts may arise, but none disclosed for Wong .
Compensation Committee Context (Board-wide)
- Compensation Committee composition: Yew Poh Leong (Chair), Eng Ho Ng; independent under Nasdaq rules .
- Scope: Oversees officer/director compensation, succession planning, equity plans, and severance/change-in-control agreements (where applicable) .
- Clawback: Policy applies to executive officers; not specified for directors .
Say-on-Pay & Shareholder Feedback (Company-wide)
- Annual say-on-pay advisory vote held; next in 2026; Board/Comp Committee consider shareholder feedback if significant opposition occurs .
Overall, Wong presents as an engaged, independent director with full attendance and Audit Committee service, modest cash compensation, and moderate personal ownership. The primary governance consideration is his prior executive tenure at FNGR, offset by the Board’s independence determination and time elapsed since 2018 .