Barakah Offshore Petroleum Berhad

KLSE:BARAKAH Stock Report

Market Cap: RM35.1m

Barakah Offshore Petroleum Berhad Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Nik bin Daud

Chief executive officer

RM1.9m

Total compensation

CEO salary percentage64.3%
CEO tenure4.8yrs
CEO ownership10.3%
Management average tenure8.8yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?

Apr 04
Does Barakah Offshore Petroleum Berhad (KLSE:BARAKAH) Have A Healthy Balance Sheet?

CEO Compensation Analysis

How has Nik bin Daud's remuneration changed compared to Barakah Offshore Petroleum Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-RM19m

Sep 30 2023n/an/a

-RM9m

Jun 30 2023RM2mRM1m

-RM4m

Mar 31 2023n/an/a

RM8m

Dec 31 2022n/an/a

RM2m

Sep 30 2022n/an/a

-RM4m

Jun 30 2022RM2mRM1m

RM84m

Mar 31 2022n/an/a

RM156m

Dec 31 2021n/an/a

RM157m

Sep 30 2021n/an/a

RM160m

Jun 30 2021RM1mRM1m

RM64m

Mar 31 2021n/an/a

-RM10m

Dec 31 2020n/an/a

RM10m

Sep 30 2020n/an/a

RM24m

Jun 30 2020RM1mRM1m

RM21m

Mar 31 2020n/an/a

-RM255m

Dec 31 2019n/an/a

-RM315m

Sep 30 2019n/an/a

-RM347m

Jun 30 2019RM2mRM1m

-RM346m

Dec 31 2018n/an/a

-RM62m

Sep 30 2018n/an/a

-RM114m

Jun 30 2018n/an/a

-RM165m

Mar 31 2018n/an/a

-RM232m

Dec 31 2017RM2mRM1m

-RM217m

Compensation vs Market: Nik's total compensation ($USD397.85K) is above average for companies of similar size in the MY market ($USD107.64K).

Compensation vs Earnings: Nik's compensation has increased whilst the company is unprofitable.


CEO

Nik bin Daud (56 yo)

4.8yrs

Tenure

RM1,865,000

Compensation

Dato’ Sri Nik Hamdan bin Daud has been Group President, Chief Executive Officer and Non-Independent Executive Director of Barakah Offshore Petroleum Berhad since July 19, 2019. He is the Founder of Barakah...


Leadership Team

NamePositionTenureCompensationOwnership
Nik bin Daud
Group Presidentno dataRM1.87m10.27%
MYR 3.6m
Rasdee bin Abdullah
Presidentno dataRM582.00kno data
Azman bin Mohd Zakaria
Deputy Group President & CEO and Non-Independent Executive Directorno dataRM639.00k2.06%
MYR 721.4k
Megat bin Khairodin
Chief Financial Officer4.6yrsno datano data
Ahmad Bin Abu Bakar
Vice President of Operations - PBJV Group Sdn Bhdno datano datano data
Haniza Binti Jaffar
Vice President of Finance & Administrationno datano datano data
Mee Kiat Wong
Company Secretary8.8yrsno datano data
Heng Hooi Ng
Company Secretary8.8yrsno datano data

8.8yrs

Average Tenure

54yo

Average Age

Experienced Management: BARAKAH's management team is seasoned and experienced (8.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Nik bin Daud
Group President4.8yrsRM1.87m10.27%
MYR 3.6m
Rasdee bin Abdullah
President12yrsRM582.00kno data
Azman bin Mohd Zakaria
Deputy Group President & CEO and Non-Independent Executive Director12yrsRM639.00k2.06%
MYR 721.4k
Mohd bin Ibrahim
Independent Non Executive Chairman4.6yrsRM221.00kno data
Ngah Bin Ahmad Tajuddin
Independent & Non Executive Directorless than a yearno datano data
Azaman Sharif
Independent Non Executive Directorless than a yearno datano data

4.7yrs

Average Tenure

57.5yo

Average Age

Experienced Board: BARAKAH's board of directors are considered experienced (4.7 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.