Varia Berhad Management

Management criteria checks 1/4

Varia Berhad's CEO is Beng Lau, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is MYR25.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 23% of the company’s shares, worth MYR80.09M. The average tenure of the management team and the board of directors is 1.3 years and 1.3 years respectively.

Key information

Beng Lau

Chief executive officer

RM25.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	1.5yrs
CEO ownership	23.0%
Management average tenure	1.3yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?

Oct 21

Stella Holdings Berhad (KLSE:STELLA) Shareholders Will Want The ROCE Trajectory To Continue

Jun 01

Stella Holdings Berhad's (KLSE:STELLA) Shares Climb 29% But Its Business Is Yet to Catch Up

Jul 08

Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?

Jun 07

Our Take On The Returns On Capital At Stella Holdings Berhad (KLSE:STELLA)

Mar 19

Here's Why We Don't Think Stella Holdings Berhad's (KLSE:STELLA) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 25

How Does Stella Holdings Berhad (KLSE:STELLA) Fare As A Dividend Stock?

Dec 29

The Trends At Stella Holdings Berhad (KLSE:STELLA) That You Should Know About

Dec 02

CEO Compensation Analysis

How has Beng Lau's remuneration changed compared to Varia Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	RM7m
Sep 30 2023	n/a	n/a	-RM8m
Jun 30 2023	n/a	n/a	-RM10m
Mar 31 2023	RM25k	RM25k	-RM11m

Compensation vs Market: Beng's total compensation ($USD5.27K) is below average for companies of similar size in the MY market ($USD106.25K).

Compensation vs Earnings: Insufficient data to compare Beng's compensation with company performance.

CEO

Beng Lau (52 yo)

1.5yrs

Tenure

RM25,000

Compensation

Mr. Beng Sin Lau is Executive Managing Director of Varia Berhad (formerly known as Stella Holdings Berhad) from November 09, 2022 and serves as its Director. He is a civil engineer with years of experience...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Beng Lau	Executive MD & Director	1.5yrs	RM25.00k	23% MYR 80.1m
Beng Lau	Executive Deputy Chairman	1.3yrs	RM25.00k	31.42% MYR 109.4m
Manivannan Ganapathy	Executive Director	1.3yrs	RM20.00k	0.0048% MYR 16.7k
Raizita Binti Ahmad	Chief Financial Officer	5.3yrs	RM394.80k	no data
Shahrizad Bin Akashah	General Manager of Technical Services	no data	no data	no data
Boon Hing Teo	Chief Executive Officer of Pembinaan Teguh Maju Sdn Bhd	less than a year	no data	11.75% MYR 40.9m
Foong Chin	Company Secretary	1.1yrs	no data	no data

1.3yrs

Average Tenure

57yo

Average Age

Experienced Management: VARIA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Beng Lau	Executive MD & Director	no data	RM25.00k	23% MYR 80.1m
Beng Lau	Executive Deputy Chairman	1.3yrs	RM25.00k	31.42% MYR 109.4m
Manivannan Ganapathy	Executive Director	1.3yrs	RM20.00k	0.0048% MYR 16.7k
Roslan Bin Ab Rahman	Independent Non-Executive Director	less than a year	no data	no data
Kamarulzaman Bin Jamil	Senior Independent Non-Executive Director	8.7yrs	RM61.00k	no data
Shahrizam Bin A. Shukor	Independent Non-Executive Director	5yrs	RM50.00k	no data
Xing Koay	Independent & Non-Executive Director	less than a year	no data	0.24% MYR 835.0k
Sharifah Binti Wan Mansor	Independent & Non Executive Director	2.2yrs	RM43.00k	no data
Jamaluddin Bin Sabeh	Independent & Non Executive Director	1.3yrs	RM9.00k	no data
Boon Kok	Non Independent & Non Executive Director	less than a year	no data	no data

1.3yrs

Average Tenure

54.5yo

Average Age

Experienced Board: VARIA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Varia Berhad Management

Management criteria checks 1/4

Key information

Recent management updates

Stella Holdings Berhad, Annual General Meeting, Sep 21, 2023

High number of new directors

Stella Holdings Berhad Appoints Datuk Wira Roslan Bin AB Rahman as Independent and Non Executive Member of Nomination and Remuneration Committee

Stella Holdings Berhad Announces Resignation of Mohamad Haslah Bin Mohamad Amin as Non Independent and Non Executive Chairman, Effective 14 January 2023

Stella Holdings Berhad Announces Appointment of Jamaluddin Bin Sabeh as Independent and Non Executive Member of Risk Committee

Stella Holdings Berhad Announces Re-designation of Dato' Mohamad Haslah Bin Mohamad Amin as Non Independent and Non Executive Chairman from Non Independent Executive Chairman

Recent updates

Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.16 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: RM0.01 (vs RM0.017 loss in 2Q 2023)

New major risk - Shareholder dilution

Full year 2023 earnings released: RM0.17 loss per share (vs RM0.068 profit in FY 2022)

Stella Holdings Berhad, Annual General Meeting, Sep 21, 2023

High number of new directors

Full year 2023 earnings released: RM0.21 loss per share (vs RM0.05 profit in FY 2022)

Stella Holdings Berhad Appoints Datuk Wira Roslan Bin AB Rahman as Independent and Non Executive Member of Nomination and Remuneration Committee

Third quarter 2023 earnings released: RM0.16 loss per share (vs RM0.009 loss in 3Q 2022)

Now 22% undervalued after recent price drop

Stella Holdings Berhad Announces Resignation of Mohamad Haslah Bin Mohamad Amin as Non Independent and Non Executive Chairman, Effective 14 January 2023

Stella Holdings Berhad Announces Appointment of Jamaluddin Bin Sabeh as Independent and Non Executive Member of Risk Committee

Stella Holdings Berhad Approves Final Single Tier Dividend for the Financial Year Ended March 31, 2022, Payable on November 24, 2022

Second quarter 2023 earnings released: RM0.035 loss per share (vs RM0.011 profit in 2Q 2022)

Stella Holdings Berhad Announces Re-designation of Dato' Mohamad Haslah Bin Mohamad Amin as Non Independent and Non Executive Chairman from Non Independent Executive Chairman

Varia Engineering Services Sdn Bhd, Datuk Lau Beng Wei and Datuk Lau Beng Sin agreed to acquire 51.731493% stake in Stella Holdings Berhad (KLSE:STELLA) from Fine Approach Sdn Bhd, Cerdik Cempaka Sdn Bhd, Anjuran Utama Sdn Bhd, Westiara Development Sdn Bhd, Nova Premium Sdn Bhd and others.

Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?

Upcoming dividend of RM0.025 per share

Stella Holdings Berhad Announces Cessation of Office of CZARINA ALIA BINTI ABDUL, Independent and Non Executive Chairman of Remuneration Committee

Stella Holdings Berhad Announces Retirement of CZARINA ALIA BINTI ABDUL RAZAK, Independent and Non Executive Director

En Mohd Azali bin Abdul Rahman completed the acquisition of 51% equity interest in Iris Synergy Sdn Bhd.

En Mohd Azali bin Abdul Rahman agreed to acquire 51% equity interest in Iris Synergy Sdn Bhd for MYR 0.4 million.

Full year 2022 earnings released: EPS: RM0.05 (vs RM0.045 in FY 2021)

Stella Holdings Berhad Proposes Final Single-Tier Dividend for the Financial Year Ended 31 March 2022, Payable on November 24, 2022

Insufficient new directors

Stella Holdings Berhad (KLSE:STELLA) Shareholders Will Want The ROCE Trajectory To Continue

Full year 2022 earnings released: EPS: RM0.052 (vs RM0.045 in FY 2021)

Stella Holdings Berhad (KLSE:STELLA) Has A Somewhat Strained Balance Sheet

Stella Holdings Berhad Announces Appointment Sharifah Rafidah Binti Wan Mansor as Independent Director

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

High number of new directors

Executive Director Gee Swan Tan has left the company

Upcoming dividend of RM0.025 per share

First quarter 2022 earnings released: RM0.002 loss per share (vs RM0.014 loss in 1Q 2021)

Stella Holdings Berhad (KLSE:STELLA) Has Announced A Dividend Of RM0.025

Investor sentiment improved over the past week

Stella Holdings Berhad (KLSE:STELLA) Has Re-Affirmed Its Dividend Of RM0.025

Full year 2021 earnings released: EPS RM0.045 (vs RM0.042 in FY 2020)

Stella Holdings Berhad's (KLSE:STELLA) Shares Climb 29% But Its Business Is Yet to Catch Up

Investor sentiment improved over the past week

Is Stella Holdings Berhad (KLSE:STELLA) Using Too Much Debt?

Investor sentiment improved over the past week

Our Take On The Returns On Capital At Stella Holdings Berhad (KLSE:STELLA)

Third quarter 2021 earnings released: EPS RM0.015 (vs RM0.015 in 3Q 2020)

New 90-day high: RM0.92

Here's Why We Don't Think Stella Holdings Berhad's (KLSE:STELLA) Statutory Earnings Reflect Its Underlying Earnings Potential

How Does Stella Holdings Berhad (KLSE:STELLA) Fare As A Dividend Stock?

New 90-day high: RM0.85

The Trends At Stella Holdings Berhad (KLSE:STELLA) That You Should Know About

New 90-day low: RM0.66

New 90-day low - RM0.70

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age