Borneo Oil Berhad Management

Management criteria checks 2/4

Borneo Oil Berhad's CEO is Joseph Ambrose Lee, appointed in Apr 2022, has a tenure of 2.17 years. directly owns 5.46% of the company’s shares, worth MYR3.28M. The average tenure of the management team and the board of directors is 2.2 years and 2.2 years respectively.

Key information

Joseph Ambrose Lee

Chief executive officer

RM900.0k

Total compensation

CEO salary percentage	n/a
CEO tenure	2.2yrs
CEO ownership	5.5%
Management average tenure	2.2yrs
Board average tenure	2.2yrs

Recent management updates

Recent updates

A Piece Of The Puzzle Missing From Borneo Oil Berhad's (KLSE:BORNOIL) 100% Share Price Climb

Jun 02

A Piece Of The Puzzle Missing From Borneo Oil Berhad's (KLSE:BORNOIL) 100% Share Price Climb

Apr 17

Not Many Are Piling Into Borneo Oil Berhad (KLSE:BORNOIL) Stock Yet As It Plummets 33%

Mar 01

More Unpleasant Surprises Could Be In Store For Borneo Oil Berhad's (KLSE:BORNOIL) Shares After Tumbling 33%

Dec 28

Borneo Oil Berhad (KLSE:BORNOIL) Seems To Use Debt Quite Sensibly

Apr 07

Why Investors Shouldn't Be Surprised By Borneo Oil Berhad's (KLSE:BORNOIL) 40% Share Price Plunge

Jan 27

The Returns On Capital At Borneo Oil Berhad (KLSE:BORNOIL) Don't Inspire Confidence

Dec 26

We Think Borneo Oil Berhad (KLSE:BORNOIL) Can Stay On Top Of Its Debt

Nov 03

We Think You Should Be Aware Of Some Concerning Factors In Borneo Oil Berhad's (KLSE:BORNOIL) Earnings

Sep 07

Investors Met With Slowing Returns on Capital At Borneo Oil Berhad (KLSE:BORNOIL)

Sep 01

Is Borneo Oil Berhad (KLSE:BORNOIL) A Risky Investment?

May 29

CEO

Joseph Ambrose Lee (62 yo)

2.2yrs

Tenure

RM900,000

Compensation

Datuk Yok Min Lee, also known as Joseph Ambrose, serves as Chairman of Verde Resources, Inc. since January 23, 2024. He is Managing Director of Borneo Oil Berhad from April 01, 2022 and also serves as its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yok Lee	Managing Director & Director	2.2yrs	RM900.00k	5.46% MYR 3.3m
Georgia Lingam	Executive Director	2.2yrs	RM60.00k	no data
Ganesh K. Balasubramaniam	Executive Director	2.2yrs	RM24.00k	0.012% MYR 7.0k
Siew Chin	Company Secretary	no data	no data	no data
Jia Mei Huong	Company Secretary	5.3yrs	no data	no data

2.2yrs

Average Tenure

57yo

Average Age

Experienced Management: BORNOIL's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yok Lee	Managing Director & Director	5.3yrs	RM900.00k	5.46% MYR 3.3m
Georgia Lingam	Executive Director	2.2yrs	RM60.00k	no data
Ganesh K. Balasubramaniam	Executive Director	2.2yrs	RM24.00k	0.012% MYR 7.0k
Kok Chor Tan	Independent Non-Executive Director	22.8yrs	RM192.00k	no data
Seroop Ramday	Senior Independent Non-Executive Director	9.8yrs	RM120.00k	no data
Kim Lan Chung	Independent Non-Executive Director	2.2yrs	RM60.00k	no data
Siti Ainee Binti Suhaidi	Independent Non-Executive Director	less than a year	no data	no data

2.2yrs

Average Tenure

57yo

Average Age

Experienced Board: BORNOIL's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

Borneo Oil Berhad Management

Management criteria checks 2/4

Key information

Recent management updates

Borneo Oil Berhad, Annual General Meeting, Dec 19, 2023

Borneo Oil Berhad Announces the Resignation of Michael Moo Kai Wah as Independent and Non Executive Member of Remuneration Committee

Borneo Oil Berhad Announces Resignation of Michael Moo Kai Wah

Borneo Oil Berhad, Annual General Meeting, Dec 12, 2022

Borneo Oil Berhad Announces Resignation of Chan Keng Leong as Executive Director

High number of new directors

Recent updates

New major risk - Revenue and earnings growth

A Piece Of The Puzzle Missing From Borneo Oil Berhad's (KLSE:BORNOIL) 100% Share Price Climb

A Piece Of The Puzzle Missing From Borneo Oil Berhad's (KLSE:BORNOIL) 100% Share Price Climb

Not Many Are Piling Into Borneo Oil Berhad (KLSE:BORNOIL) Stock Yet As It Plummets 33%

Second quarter 2024 earnings released: RM0.007 loss per share (vs RM0.002 profit in 2Q 2023)

More Unpleasant Surprises Could Be In Store For Borneo Oil Berhad's (KLSE:BORNOIL) Shares After Tumbling 33%

First quarter 2024 earnings released: EPS: RM0.002 (vs RM0.001 in 1Q 2023)

Borneo Oil Berhad, Annual General Meeting, Dec 19, 2023

Full year 2023 earnings released: RM0.001 loss per share (vs RM0.007 profit in FY 2022)

Borneo Oil Berhad (KLSE:BORNOIL) entered into a Share Sale Agreement to acquire additional 20% stake in Makin Teguh Sdn Bhd from Global 2332 Ltd for MYR 40 million.

Borneo Oil Berhad Announces the Resignation of Michael Moo Kai Wah as Independent and Non Executive Member of Remuneration Committee

New major risk - Shareholder dilution

Borneo Oil Berhad Announces Resignation of Michael Moo Kai Wah

Third quarter 2023 earnings released: RM0.003 loss per share (vs RM0.005 profit in 3Q 2022)

Borneo Oil Berhad Reports Unaudited Consolidated Written Off Results for the Third Quarter Ended March 31, 2023

Borneo Oil Berhad (KLSE:BORNOIL) Seems To Use Debt Quite Sensibly

Second quarter 2023 earnings released: EPS: RM0.002 (vs RM0.001 in 2Q 2022)

Why Investors Shouldn't Be Surprised By Borneo Oil Berhad's (KLSE:BORNOIL) 40% Share Price Plunge

Borneo Oil Berhad (KLSE:BORNOIL) Seems To Use Debt Quite Sensibly

First quarter 2023 earnings released: EPS: RM0.001 (vs RM0.001 in 1Q 2022)

Full year 2022 earnings released: EPS: RM0.007 (vs RM0.005 in FY 2021)

Borneo Oil Berhad, Annual General Meeting, Dec 12, 2022

We Think Borneo Oil Berhad (KLSE:BORNOIL) Can Stay On Top Of Its Debt

Full year 2022 earnings released: EPS: RM0.007 (vs RM0.005 in FY 2021)

Borneo Oil Berhad Announces Resignation of Chan Keng Leong as Executive Director

High number of new directors

Third quarter 2022 earnings released: EPS: RM0.005 (vs RM0.001 loss in 3Q 2021)

Borneo Oil Berhad (KLSE:BORNOIL) entered into a Sale of Shares Agreement to acquire additional 22.49% stake in Makin Teguh Sdn Bhd from MT 23 Resources Ltd for MYR 73.56 million.

Borneo Oil Berhad (KLSE:BORNOIL) entered into a Sale of Shares Agreement to acquire additional 22.49% stake in Makin Teguh Sdn Bhd from MT 23 Resources Ltd for MYR 73.56 million.

High number of new directors

Borneo Oil Berhad (KLSE:BORNOIL) entered into Sale of Shares Agreement to acquire 19.5% stake in Makin Teguh Sdn Bhd from MT 23 Resources Ltd for MYR 50.7 million.

Borneo Oil Berhad (KLSE:BORNOIL) entered into Sale of Shares Agreement to acquire 19.5% stake in Makin Teguh Sdn Bhd from MT 23 Resources Ltd for MYR 50.7 million.

Borneo Oil Berhad Announces Appointment of Cik Georgia Suzanne Lingam @ Georgianne as Executive Director

Insufficient new directors

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

Is Borneo Oil Berhad (KLSE:BORNOIL) A Risky Investment?

The Returns On Capital At Borneo Oil Berhad (KLSE:BORNOIL) Don't Inspire Confidence

We Think Borneo Oil Berhad (KLSE:BORNOIL) Can Stay On Top Of Its Debt

We Think You Should Be Aware Of Some Concerning Factors In Borneo Oil Berhad's (KLSE:BORNOIL) Earnings

Investors Met With Slowing Returns on Capital At Borneo Oil Berhad (KLSE:BORNOIL)

Is Borneo Oil Berhad (KLSE:BORNOIL) A Risky Investment?

Borneo Oil Berhad has completed a Follow-on Equity Offering in the amount of MYR 23.975398 million.

First quarter 2021 earnings released: RM0.001 loss per share

Borneo Oil Berhad to Report Q4, 2020 Results on Aug 28, 2020

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age