Ireka Corporation Berhad Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Mohd Hasnul Bin Mohd Ismail

Chief executive officer

RM482.0k

Total compensation

CEO salary percentage	99.6%
CEO tenure	2.8yrs
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

We Think Ireka Corporation Berhad (KLSE:IREKA) Has A Fair Chunk Of Debt

Dec 30

Ireka Corporation Berhad (KLSE:IREKA) Has Debt But No Earnings; Should You Worry?

Apr 21

Is Ireka Corporation Berhad (KLSE:IREKA) A Risky Investment?

Dec 10

Health Check: How Prudently Does Ireka Corporation Berhad (KLSE:IREKA) Use Debt?

Jun 14

Is Ireka Corporation Berhad (KLSE:IREKA) Using Too Much Debt?

Mar 01

Key Things To Understand About Ireka Corporation Berhad's (KLSE:IREKA) CEO Pay Cheque

Jan 07

CEO Compensation Analysis

How has Mohd Hasnul Bin Mohd Ismail's remuneration changed compared to Ireka Corporation Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-RM271m
Sep 30 2023	n/a	n/a	-RM239m
Jun 30 2023	RM482k	RM480k	-RM62m
Mar 31 2023	n/a	n/a	RM206m
Dec 31 2022	n/a	n/a	RM223m
Sep 30 2022	n/a	n/a	RM196m
Jun 30 2022	RM495k	RM475k	RM9m

Compensation vs Market: Mohd Hasnul's total compensation ($USD101.04K) is about average for companies of similar size in the MY market ($USD104.53K).

Compensation vs Earnings: Mohd Hasnul's compensation has been consistent with company performance over the past year.

CEO

Mohd Hasnul Bin Mohd Ismail (53 yo)

2.8yrs

Tenure

RM482,000

Compensation

Encik Mohd Hasnul Ismar Bin Mohd Ismail serves as Group Managing Director and Executive Director at Ireka Corporation Berhad since July 05, 2021. Encik Bin Mohd Ismail is the Group Managing Director of Sho...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mohd Hasnul Bin Mohd Ismail	Group MD & Executive Director	2.8yrs	RM482.00k	no data
Sung Chow	Group COO & Executive Director	1.8yrs	RM362.00k	no data
Iskandar Bin Abd Rasap	Chief Financial Officer	1.3yrs	no data	no data
Nor Bin Nor Shahid	Group Chief Strategy & Investment Officer	no data	no data	no data
Ahmad bin Mohd Nawawi	Group Chief Risk & Compliance Officer	no data	no data	no data
Chairil Bin Mohd Tamil	Deputy MD & Executive Director	1.3yrs	RM227.00k	no data
Wan Ahmad Bin Mohamed Noor	Group Chief Business Officer	2.8yrs	RM227.00k	no data
Johar Bin Amat	Group Chief Digital Officer	no data	no data	0.44% MYR 260.0k
Yap Bin	Chief Executive Officer of i-Tech Network Solutions Sdn Bhd	6.1yrs	no data	no data
Yun Chin	Chief Executive Officer of Ireka Development Management Sdn Bhd	6.1yrs	no data	no data
Daud A Majeed	Joint Secretary	less than a year	no data	no data
Muhammad MD Azmee	Joint Secretary	less than a year	no data	no data

1.8yrs

Average Tenure

53yo

Average Age

Experienced Management: IREKA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mohd Hasnul Bin Mohd Ismail	Group MD & Executive Director	2.8yrs	RM482.00k	no data
Sung Chow	Group COO & Executive Director	2.8yrs	RM362.00k	no data
Chairil Bin Mohd Tamil	Deputy MD & Executive Director	2.5yrs	RM227.00k	no data
Azmi Bin Abdullah	Senior Independent Non-Executive Director	8.9yrs	RM48.00k	no data
Mohd Bin Che Rus	Non Independent & Non Executive Chairman	2.8yrs	RM41.50k	no data
Shahruladeri Bin Mohamad Adnan	Independent & Non Executive Director	2.8yrs	RM40.00k	no data

2.8yrs

Average Tenure

53.5yo

Average Age

Experienced Board: IREKA's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Ireka Corporation Berhad Management

Management criteria checks 2/4

Key information

Recent management updates

Ireka Corporation Berhad Announces Resignation of YM Raja Azura Binti Raja Mahayuddin as Independent and Non-Executive Director

Ireka Corporation Berhad Appoints Daud Bin A Majeed as Joint Secretary

Ireka Corporation Berhad, Annual General Meeting, Dec 05, 2023

Ireka Corporation Berhad Announces Resignation of Mohd. Shah Bin Hashim as Joint Secretary

Ireka Corporation Berhad Announces Resignation of Encik Wan Ahmad Nazim Bin Mohamed Noor as Executive Director

Ireka Corporation Berhad Appoints Encik Iskandar Sham Bin Abd Rasap as Chief Financial Officer

Recent updates

Ireka Corporation Berhad Announces Resignation of YM Raja Azura Binti Raja Mahayuddin as Independent and Non-Executive Director

Second quarter 2024 earnings released: RM0.14 loss per share (vs RM0.011 profit in 2Q 2023)

Ireka Corporation Berhad Appoints Daud Bin A Majeed as Joint Secretary

Aseana Properties Limited Withdrawn A Legal Actions Taking in the Malaysian Courts Against Ireka Corporation Berhad

First quarter 2024 earnings released: RM0.019 loss per share (vs RM0.83 profit in 1Q 2023)

Ireka Corporation Berhad Provides Material Litigation Update

Ireka Corporation Berhad Provides Material Litigation Update

Ireka Corporation Berhad, Annual General Meeting, Dec 05, 2023

New major risk - Negative shareholders equity

Third quarter 2023 earnings released: RM0.29 loss per share (vs RM0.21 loss in 3Q 2022)

Ireka Corporation Berhad Announces Resignation of Mohd. Shah Bin Hashim as Joint Secretary

Ireka Corporation Berhad Announces Resignation of Encik Wan Ahmad Nazim Bin Mohamed Noor as Executive Director

Ireka Corporation Berhad Appoints Encik Iskandar Sham Bin Abd Rasap as Chief Financial Officer

We Think Ireka Corporation Berhad (KLSE:IREKA) Has A Fair Chunk Of Debt

High number of new and inexperienced directors

Ireka Corporation Berhad, Annual General Meeting, Dec 08, 2022

First quarter 2023 earnings released: RM0.31 loss per share (vs RM0.20 loss in 1Q 2022)

Ireka Corporation Berhad Announces the Appointment of Raja Azura Binti Raja Mahayuddin as Independent and Non Executive Member of Risk Committee

Ireka Corporation Berhad Announces the Appointment of Raja Azura Binti Raja Mahayuddin as Independent and Non Executive Member of Risk Committee

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Ireka Corporation Berhad Announces Resignation of Nadia Liyana Binti Hassan as Joint Secretary

High number of new and inexperienced directors

Ireka Corporation Berhad (KLSE:IREKA) Has Debt But No Earnings; Should You Worry?

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Ireka Corporation Berhad (KLSE:IREKA) A Risky Investment?

GreenWay Urban Traffic (Europe) Co., Ltd. entered into share purchase agreement to acquire 31.4% stake in Mobilus Sdn. Bhd. from Ireka Corporation Berhad (KLSE:IREKA) for MYR 1.8 million.

Green Rivervale Holdings Sdn. Bhd., Tukawan Enterprise Sdn. Bhd. and Ideal Land Holdings Sdn Bhd agreed to acquire 19.6% stake in Mobilus Sdn. Bhd. from Ireka Corporation Berhad (KLSE:IREKA) for MYR 1.16 million.

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Independent Non Executive Director Kah Hoe has left the company

Group Company Secretary Yim Wong has left the company

Full year 2021 earnings released: RM0.14 loss per share (vs RM0.31 loss in FY 2020)

Ireka Corporation Berhad has completed a Follow-on Equity Offering in the amount of MYR 11.308692 million.

Non Independent & Non Executive Chairman Voon Lai has left the company

Non-Independent Non-Executive Director Jaat Lai has left the company

Independent Non Executive Director Mun Lau has left the company

Ideal Land Holdings Sdn Bhd entered into a non-binding offer to acquire an unknown stake in certain subsidiaries and associate companies of IREKA from Ireka Corporation Berhad (KLSE:IREKA) for MYR 40 million.

Full year 2021 earnings released: RM0.13 loss per share (vs RM0.22 loss in FY 2020)

Health Check: How Prudently Does Ireka Corporation Berhad (KLSE:IREKA) Use Debt?

Third quarter 2021 earnings released: RM0.005 loss per share (vs RM0.016 loss in 3Q 2020)

New 90-day low: RM0.30

Is Ireka Corporation Berhad (KLSE:IREKA) Using Too Much Debt?

Key Things To Understand About Ireka Corporation Berhad's (KLSE:IREKA) CEO Pay Cheque

New 90-day high: RM0.38

Second quarter 2021 earnings released: RM0.042 loss per share

New 90-day low: RM0.32

New 90-day low: RM0.34

First quarter earnings released

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age