OKA Corporation Bhd Management

Management criteria checks 3/4

OKA Bhd's CEO is Choo Ong, appointed in Jul 2020, has a tenure of 3.83 years. total yearly compensation is MYR764.00K, comprised of 58.8% salary and 41.2% bonuses, including company stock and options. directly owns 1.79% of the company’s shares, worth MYR3.12M. The average tenure of the management team and the board of directors is 7.6 years and 11.1 years respectively.

Key information

Choo Ong

Chief executive officer

RM764.0k

Total compensation

CEO salary percentage	58.8%
CEO tenure	3.8yrs
CEO ownership	1.8%
Management average tenure	7.6yrs
Board average tenure	11.1yrs

Recent management updates

Recent updates

With EPS Growth And More, OKA Corporation Bhd (KLSE:OKA) Makes An Interesting Case

May 31

Calculating The Intrinsic Value Of OKA Corporation Bhd (KLSE:OKA)

Oct 05

Estimating The Fair Value Of OKA Corporation Bhd (KLSE:OKA)

May 21

Returns On Capital At OKA Corporation Bhd (KLSE:OKA) Paint An Interesting Picture

Mar 16

CEO Compensation Analysis

How has Choo Ong's remuneration changed compared to OKA Corporation Bhd's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	RM5m
Sep 30 2023	n/a	n/a	RM4m
Jun 30 2023	n/a	n/a	RM7m
Mar 31 2023	RM764k	RM449k	RM11m
Dec 31 2022	n/a	n/a	RM18m
Sep 30 2022	n/a	n/a	RM20m
Jun 30 2022	n/a	n/a	RM18m
Mar 31 2022	RM709k	RM418k	RM15m
Dec 31 2021	n/a	n/a	RM16m
Sep 30 2021	n/a	n/a	RM17m
Jun 30 2021	n/a	n/a	RM19m
Mar 31 2021	RM708k	RM418k	RM16m
Dec 31 2020	n/a	n/a	RM12m
Sep 30 2020	n/a	n/a	RM10m
Jun 30 2020	n/a	n/a	RM8m
Mar 31 2020	RM708k	RM418k	RM11m
Dec 31 2019	n/a	n/a	RM12m
Sep 30 2019	n/a	n/a	RM12m
Jun 30 2019	n/a	n/a	RM11m
Mar 31 2019	RM707k	RM418k	RM11m
Dec 31 2018	n/a	n/a	RM16m
Sep 30 2018	n/a	n/a	RM19m
Jun 30 2018	n/a	n/a	RM23m
Mar 31 2018	RM714k	RM389k	RM25m

Compensation vs Market: Choo's total compensation ($USD160.25K) is above average for companies of similar size in the MY market ($USD104.30K).

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

CEO

Choo Ong (46 yo)

3.8yrs

Tenure

RM764,000

Compensation

Mr. Choo Ian Ong serves as the Group Chief Executive Officer of OKA Corporation Bhd since July 1, 2020. He has been General Manager of Purchasing - OKA Concrete Industries Sdn Bhd, a subsidiary of Oka Corp...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Koon Ong	Executive Chairman	22.3yrs	RM1.20m	51.69% MYR 90.1m
Choo Ong	Group CEO & Executive Director	3.8yrs	RM764.00k	1.79% MYR 3.1m
Seok Quah	Head of Group Sales & Purchasing Department and Executive Director	no data	RM747.00k	3.53% MYR 6.2m
Wai Lau	CFO & Joint Company Secretary	12.5yrs	no data	no data
Hock Teh	General Manager of Sales & Marketing	11.3yrs	no data	no data
Hor Low	Company Secretary	no data	no data	no data

7.6yrs

Average Tenure

53yo

Average Age

Experienced Management: OKA's management team is seasoned and experienced (7.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Koon Ong	Executive Chairman	22.3yrs	RM1.20m	51.69% MYR 90.1m
Choo Ong	Group CEO & Executive Director	18.8yrs	RM764.00k	1.79% MYR 3.1m
Seok Quah	Head of Group Sales & Purchasing Department and Executive Director	22.3yrs	RM747.00k	3.53% MYR 6.2m
Nik Mohamad Bin Nik Mustapha	Independent & Non Executive Director	less than a year	no data	1.37% MYR 2.4m
Khian Kuan	Independent & Non Executive Director	3.4yrs	RM36.00k	no data
Chee Lim	Independent & Non Executive Director	less than a year	no data	no data

11.1yrs

Average Tenure

67yo

Average Age

Experienced Board: OKA's board of directors are seasoned and experienced ( 11.1 years average tenure).

OKA Corporation Bhd Management

Management criteria checks 3/4

Key information

Recent management updates

OKA Corporation Bhd, Annual General Meeting, Aug 28, 2023

OKA Corporation Bhd, Annual General Meeting, Aug 28, 2023

Less than half of directors are independent

Oka Corporation Bhd Appoints Mr. Lim Chee Hoong as Independent and Non Executive Member of Remuneration Committee, Effective from June 1, 2023

Oka Corporation Bhd Announces the Cessation of Office of Mr. Chok Hooa @ Chok Yin Fatt from Independent and Non Executive Member of Remuneration Committee, Effective from May 31, 2023

OKA Corporation Bhd, Annual General Meeting, Aug 30, 2022

Recent updates

Dividend reduced to RM0.011

Third quarter 2024 earnings released: EPS: RM0.011 (vs RM0.006 in 3Q 2023)

New major risk - Revenue and earnings growth

Upcoming dividend of RM0.011 per share at 4.5% yield

OKA Corporation Bhd Approves Final Single-Tier Dividend for the Financial Year Ended 31 March 2023

First quarter 2024 earnings released: EPS: RM0.009 (vs RM0.027 in 1Q 2023)

Full year 2023 earnings released: EPS: RM0.045 (vs RM0.061 in FY 2022)

OKA Corporation Bhd, Annual General Meeting, Aug 28, 2023

OKA Corporation Bhd, Annual General Meeting, Aug 28, 2023

Less than half of directors are independent

Full year 2023 earnings released: EPS: RM0.045 (vs RM0.061 in FY 2022)

With EPS Growth And More, OKA Corporation Bhd (KLSE:OKA) Makes An Interesting Case

Oka Corporation Bhd Appoints Mr. Lim Chee Hoong as Independent and Non Executive Member of Remuneration Committee, Effective from June 1, 2023

Oka Corporation Bhd Announces the Cessation of Office of Mr. Chok Hooa @ Chok Yin Fatt from Independent and Non Executive Member of Remuneration Committee, Effective from May 31, 2023

Upcoming dividend of RM0.022 per share at 5.7% yield

Third quarter 2023 earnings released: EPS: RM0.006 (vs RM0.015 in 3Q 2022)

Second quarter 2023 earnings released: EPS: RM0.024 (vs RM0.017 in 2Q 2022)

OKA Corporation Bhd Announces Dividend for the Financial Year Ended 31 March 2022, Payable on 2 December 2022

Upcoming dividend of RM0.023 per share

Upcoming dividend of RM0.023 per share

Oka Corporation Bhd Announces Final Single-Tier Dividend in Respect of the Financial Year Ended 31 March 2022, Payable on November 25, 2022

Full year 2022 earnings released: EPS: RM0.061 (vs RM0.065 in FY 2021)

OKA Corporation Bhd, Annual General Meeting, Aug 30, 2022

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Oka Corporation Bhd Proposes Final Single-Tier Dividend for Financial Year Ended 31 March 2022

Upcoming dividend of RM0.022 per share

Now 21% undervalued after recent price drop

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of RM0.024 per share

Calculating The Intrinsic Value Of OKA Corporation Bhd (KLSE:OKA)

Full year 2021 earnings released: EPS RM0.065 (vs RM0.046 in FY 2020)

Full year 2021 earnings released: EPS RM0.065 (vs RM0.046 in FY 2020)

Estimating The Fair Value Of OKA Corporation Bhd (KLSE:OKA)

Upcoming dividend of RM0.021 per share

Returns On Capital At OKA Corporation Bhd (KLSE:OKA) Paint An Interesting Picture

OKA Corporation Bhd Appoints Kuan Khian Leng as Independent and Non Executive Independent Director

OKA Corporation Bhd Announces Re-Designation of Ir Ong Koon Ann from Managing Director to Executive Chairman

OKA Corporation Bhd Announces Temporary Closure of Senai Factory Due to COVID-19 Affected Workers

New 90-day high: RM0.71

Second quarter 2021 earnings released: EPS RM0.025

New 90-day high: RM0.63

New 90-day high: RM0.62

OKA Corporation Bhd Announces Demise of Encik Sharifuddin Bin Shoib, Independent and Non Executive Chairman

New 90-day low - RM0.57

First quarter earnings released

OKA CORPORATION BHD Announces Re-designation Mr. Ong Choo Ian as CEO, Effective July 1, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age