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BARAKAH (7251) [s]

BARAKAH OFFSHORE PETROLEUM BERHAD Summary

0.025

0.000 (0.00%)

Category : Energy - Main Market
High 0.025
Low 0.025
Volume 260,000
Volume (B/S) 5,143,400 / 7,488,400
Price Bid/Ask 0.025 / 0.030
   
52w 0.020 - 0.145
ROE 188.08
P/E 0
EPS -40.38
DPS 0.00
DY 0.00%
 
PTBV -0.12
RPS 33.14
PSR 0
Market Cap 20.9M
RQoQ RYoY
RSI(14) Neutral 42.2
Stochastic(14) Neutral 50.0
Average Volume 2,348,300
Relative Volume 0.0

EPS DPS NTA Revenue P/L Q Q Date Financial Date Announced Net% Report
-32.43 0.000 -0.2147 61,853k -269,358k - 2019-06-30 2019-06-30 2019-08-28 1639.8% View
-5.05 0.000 0.1140 50,431k -41,926k - 2019-03-31 2019-06-30 2019-05-30 110.4% View
-2.55 0.000 0.1642 70,252k -21,096k - 2018-12-31 2019-06-30 2019-02-28 71.4% View
-0.61 0.000 0.1877 94,456k -5,076k 3 2018-09-30 2018-12-31 2018-11-29 91% View
-1.87 0.000 0.1947 59,164k -15,482k 2 2018-06-30 2018-12-31 2018-08-29 81.1% View
-2.41 0.000 0.2162 19,381k -19,927k 1 2018-03-31 2018-12-31 2018-05-30 333.4% View
-8.94 0.000 0.2463 78,679k -73,826k 4 2017-12-31 2017-12-31 2018-02-27 1907.7% View
-6.80 0.000 0.3367 102,785k -56,160k 3 2017-09-30 2017-12-31 2017-11-29 2955.1% View
-9.95 0.000 0.4055 52,630k -82,113k 2 2017-06-30 2017-12-31 2017-08-29 1238.9% View
-0.56 0.000 0.5069 76,842k -4,598k 1 2017-03-31 2017-12-31 2017-05-30 461.2% View
0.50 0.000 0.5136 215,128k 4,084k 4 2016-12-31 2016-12-31 2017-02-27 71.9% View
0.24 0.000 0.4069 167,194k 1,967k 3 2016-09-30 2016-12-31 2016-11-28 112.7% View
0.87 0.000 0.4137 136,929k 7,210k 2 2016-06-30 2016-12-31 2016-08-26 55.6% View
0.15 0.000 0.4115 103,335k 1,273k 1 2016-03-31 2016-12-31 2016-05-25 91.6% View
1.81 0.000 0.3886 166,854k 14,533k 4 2015-12-31 2015-12-31 2016-02-25 44.5% View
-1.92 0.000 0.3577 110,894k -15,440k 3 2015-09-30 2015-12-31 2015-11-27 154.4% View
0.58 0.000 0.4304 123,832k 4,635k 2 2015-06-30 2015-12-31 2015-08-26 62.5% View
1.94 0.000 0.4580 190,990k 15,121k 1 2015-03-31 2015-12-31 2015-05-26 60.4% View
4.11 0.000 0.5535 366,102k 26,165k 4 2014-12-31 2014-12-31 2015-02-25 565.9% View
4.58 0.000 0.5336 256,041k 28,399k 3 2014-09-30 2014-12-31 2014-11-25 166% View
1.99 0.000 0.4862 159,707k 12,349k 2 2014-06-30 2014-12-31 2014-08-29 129.7% View
1.52 0.000 0.4658 84,425k 9,427k 1 2014-03-31 2014-12-31 2014-05-27 4.6% View
0.64 0.000 0.4498 82,762k 3,929k - 2013-12-31 2014-12-31 2014-02-25 75.5% View
2.19 0.000 0.3600 87,116k 10,602k 4 2013-09-30 2013-09-30 2013-11-26 24.2% View
1.11 0.000 0.3300 57,716k 5,375k 3 2013-06-30 2013-09-30 2013-11-01 394.5% View
0.01 0.000 -0.0100 155k 16k 1 2013-03-31 2013-12-31 2013-05-20 123.5% View
0.02 0.000 -0.0100 155k 45k 4 2012-12-31 2012-12-31 2013-02-28 100.1% View
0.00 0.000 -0.0100 154,799k 502k 3 2012-09-30 2012-12-31 2012-11-29 101% -
-0.03 0.000 -0.0100 155k -64k 2 2012-06-30 2012-12-31 2012-08-29 22.9% -
-0.03 0.000 -0.0100 155k -68k 1 2012-03-31 2012-12-31 2012-05-23 54.1% -
-38.46 0.000 -0.0100 155k -79,323k 4 2011-12-31 2011-12-31 2012-02-29 34690.8% -
-0.03 0.000 0.2400 155k -52k 3 2011-09-30 2011-12-31 2011-11-23 98.1% -
-0.04 0.000 0.3700 235k -83k 2 2011-06-30 2011-12-31 2011-08-22 98.8% -
-0.07 0.000 0.3800 74k -148k 1 2011-03-31 2011-12-31 2011-05-27 97.6% -
-0.11 0.000 0.3800 0k -228k 4 2010-12-31 2010-12-31 2011-02-28 99.4% -
-1.29 0.000 0.1200 2,426k -2,666k 3 2010-09-30 2010-12-31 2010-11-23 85% -
-3.50 0.000 0.1300 5,859k -7,217k 2 2010-06-30 2010-12-31 2010-08-30 336.6% -
-2.96 0.000 0.1700 2,702k -6,102k 1 2010-03-31 2010-12-31 2010-05-27 321% -
-16.88 0.000 0.2100 32,298k -34,818k 4 2009-12-31 2009-12-31 2010-02-25 966.1% -
-8.60 0.000 0.3800 0k -17,727k 3 2009-09-30 1970-01-01 2009-12-03 0% -
-0.80 0.000 0.4700 0k -1,653k 2 2009-06-30 1970-01-01 2009-08-28 0% -
Financial Year Revenue ('000) Net ('000) EPS Report
30 Jun, 2019 182,536 -332,380 -40.03 View
31 Dec, 2018 173,001 -40,485 -4.89
31 Dec, 2017 310,936 -216,697 -26.25 View
31 Dec, 2016 622,586 14,534 1.76 View
31 Dec, 2015 592,570 18,849 2.41 View
31 Dec, 2014 949,037 80,269 12.84 View
31 Dec, 2013 155 16 0.01
30 Sep, 2013 144,832 15,977 3.30
31 Dec, 2012 155,264 415 -0.04
31 Dec, 2011 619 -79,606 -38.60
31 Dec, 2010 10,987 -16,213 -7.86
31 Dec, 2009 32,298 -34,818 -16.88
01 Jan, 1970 0 -19,380 -9.40
Announced Financial Year Subject EX Date Payment Date Amount Indicator
19 May 2015 31 Dec 2014 Final Dividend 24 Jun 2015 10 Jul 2015 0.0200 Currency View
21 May 2009 31 Dec 2008 Final Dividend 13 Aug 2009 14 Sep 2009 0.0100 RM View
Announced EX Date Subject Ratio
27 Sep 2013 02 Oct 2013 Others 1 : 3 View
27 Sep 2013 02 Oct 2013 Others 3 : 65 View
Name Price Change Volume Gearing Premium Premium %
No warrants found.
Announced Date Change Type Shares Name
29 Oct 2019 08 Oct 2019 Acquired 380,000 NIK HAMDAN BIN DAUD
29 Oct 2019 08 Oct 2019 Acquired 380,000 ENCIK NIK HAMDAN BIN DAUD
21 Oct 2019 26 Sep 2019 Acquired 5,970,000 NIK HAMDAN BIN DAUD
21 Oct 2019 08 Oct 2019 Acquired 4,541,800 NIK HAMDAN BIN DAUD
21 Oct 2019 11 Oct 2019 Disposed 1,191,600 NIK HAMDAN BIN DAUD
21 Oct 2019 26 Sep 2019 Acquired 5,970,000 ENCIK NIK HAMDAN BIN DAUD
21 Oct 2019 08 Oct 2019 Acquired 4,541,800 ENCIK NIK HAMDAN BIN DAUD
21 Oct 2019 11 Oct 2019 Disposed 1,191,600 ENCIK NIK HAMDAN BIN DAUD
24 Sep 2019 11 Sep 2019 Disposed 760,600 ENCIK NIK HAMDAN BIN DAUD
24 Sep 2019 12 Sep 2019 Disposed 95,500 ENCIK NIK HAMDAN BIN DAUD
24 Sep 2019 13 Sep 2019 Disposed 81,400 ENCIK NIK HAMDAN BIN DAUD
24 Sep 2019 17 Sep 2019 Disposed 1,008,700 ENCIK NIK HAMDAN BIN DAUD
24 Sep 2019 18 Sep 2019 Disposed 53,800 ENCIK NIK HAMDAN BIN DAUD
24 Sep 2019 11 Sep 2019 Disposed 760,600 NIK HAMDAN BIN DAUD
24 Sep 2019 12 Sep 2019 Disposed 95,500 NIK HAMDAN BIN DAUD
24 Sep 2019 13 Sep 2019 Disposed 81,400 NIK HAMDAN BIN DAUD
24 Sep 2019 17 Sep 2019 Disposed 1,008,700 NIK HAMDAN BIN DAUD
24 Sep 2019 18 Sep 2019 Disposed 53,800 NIK HAMDAN BIN DAUD
12 Sep 2019 26 Aug 2019 Disposed 8,309,900 ENCIK NIK HAMDAN BIN DAUD
12 Sep 2019 26 Aug 2019 Disposed 8,309,900 NIK HAMDAN BIN DAUD
27 Aug 2019 05 Aug 2019 Disposed 5,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 06 Aug 2019 Disposed 5,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 05 Aug 2019 Disposed 5,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 06 Aug 2019 Disposed 5,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 20 Aug 2019 Disposed 26,500,000 NIK HAMDAN BIN DAUD
27 Aug 2019 20 Aug 2019 Disposed 26,500,000 NIK HAMDAN BIN DAUD
27 Aug 2019 07 Aug 2019 Disposed 5,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 08 Aug 2019 Disposed 2,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 13 Aug 2019 Disposed 1,440,300 NIK HAMDAN BIN DAUD
27 Aug 2019 14 Aug 2019 Disposed 300,000 NIK HAMDAN BIN DAUD
27 Aug 2019 07 Aug 2019 Disposed 5,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 08 Aug 2019 Disposed 2,000,000 NIK HAMDAN BIN DAUD
27 Aug 2019 13 Aug 2019 Disposed 1,440,300 NIK HAMDAN BIN DAUD
27 Aug 2019 14 Aug 2019 Disposed 300,000 NIK HAMDAN BIN DAUD
08 Aug 2019 02 Aug 2019 Disposed 1,149,800 NIK HAMDAN BIN DAUD
08 Aug 2019 02 Aug 2019 Disposed 1,149,800 NIK HAMDAN BIN DAUD
13 Jun 2019 24 May 2019 Disposed 8,200,000 NIK HAMDAN BIN DAUD
13 Jun 2019 24 May 2019 Disposed 2,390,000 NIK HAMDAN BIN DAUD
07 Jun 2019 21 May 2019 Disposed 6,263,500 NIK HAMDAN BIN DAUD
07 Jun 2019 23 May 2019 Disposed 7,270,000 NIK HAMDAN BIN DAUD
17 May 2019 07 May 2019 Disposed 15,000,000 NIK HAMDAN BIN DAUD
03 May 2019 04 Apr 2019 Disposed 15,500,000 YAW HOLDING SDN. BHD.
03 May 2019 04 Apr 2019 Disposed 15,500,000 PARKCITY PROPERTY HOLDINGS SDN. BHD.
03 May 2019 04 Apr 2019 Disposed 15,500,000 MAGNADRIVE SDN. BHD.
03 May 2019 26 Apr 2019 Disposed 15,000,000 NIK HAMDAN BIN DAUD
03 May 2019 04 Apr 2019 Disposed 15,500,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
02 May 2019 22 Apr 2019 Disposed 10,000,000 NIK HAMDAN BIN DAUD
02 May 2019 23 Apr 2019 Disposed 20,000,000 NIK HAMDAN BIN DAUD
02 May 2019 24 Apr 2019 Disposed 45,000,000 NIK HAMDAN BIN DAUD
24 Apr 2019 05 Apr 2019 Disposed 2,400,000 NIK HAMDAN BIN DAUD
19 Apr 2019 09 Apr 2019 Disposed 10,000,000 NIK HAMDAN BIN DAUD
19 Apr 2019 16 Apr 2019 Disposed 5,000,000 NIK HAMDAN BIN DAUD
17 Apr 2019 15 Mar 2019 Disposed 1,000,000 YAW HOLDING SDN. BHD.
17 Apr 2019 21 Mar 2019 Acquired 18,750,000 YAW HOLDING SDN. BHD.
17 Apr 2019 21 Mar 2019 Disposed 18,750,000 YAW HOLDING SDN. BHD.
17 Apr 2019 27 Mar 2019 Disposed 6,538,800 YAW HOLDING SDN. BHD.
17 Apr 2019 28 Mar 2019 Disposed 500,000 YAW HOLDING SDN. BHD.
17 Apr 2019 01 Apr 2019 Disposed 6,000,000 YAW HOLDING SDN. BHD.
17 Apr 2019 02 Apr 2019 Disposed 6,000,000 YAW HOLDING SDN. BHD.
17 Apr 2019 15 Mar 2019 Disposed 1,000,000 MAGNADRIVE SDN. BHD.
17 Apr 2019 21 Mar 2019 Acquired 18,750,000 MAGNADRIVE SDN. BHD.
17 Apr 2019 27 Mar 2019 Disposed 6,538,800 MAGNADRIVE SDN. BHD.
17 Apr 2019 28 Mar 2019 Disposed 500,000 MAGNADRIVE SDN. BHD.
17 Apr 2019 01 Apr 2019 Disposed 6,000,000 MAGNADRIVE SDN. BHD.
17 Apr 2019 02 Apr 2019 Disposed 6,000,000 MAGNADRIVE SDN. BHD.
17 Apr 2019 15 Mar 2019 Disposed 1,000,000 PARKCITY PROPERTY HOLDINGS SDN. BHD.
17 Apr 2019 21 Mar 2019 Acquired 18,750,000 PARKCITY PROPERTY HOLDINGS SDN. BHD.
17 Apr 2019 27 Mar 2019 Disposed 6,538,800 PARKCITY PROPERTY HOLDINGS SDN. BHD.
17 Apr 2019 28 Mar 2019 Disposed 500,000 PARKCITY PROPERTY HOLDINGS SDN. BHD.
17 Apr 2019 01 Apr 2019 Disposed 6,000,000 PARKCITY PROPERTY HOLDINGS SDN. BHD.
17 Apr 2019 02 Apr 2019 Disposed 6,000,000 PARKCITY PROPERTY HOLDINGS SDN. BHD.
17 Apr 2019 15 Mar 2019 Disposed 1,000,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
17 Apr 2019 21 Mar 2019 Acquired 18,750,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
17 Apr 2019 21 Mar 2019 Disposed 18,750,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
17 Apr 2019 27 Mar 2019 Disposed 6,538,800 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
17 Apr 2019 28 Mar 2019 Disposed 500,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
17 Apr 2019 01 Apr 2019 Disposed 6,000,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
17 Apr 2019 02 Apr 2019 Disposed 6,000,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
09 Apr 2019 04 Apr 2019 Disposed 7,200,000 NIK HAMDAN BIN DAUD
09 Apr 2019 04 Apr 2019 Disposed 7,200,000 NIK HAMDAN BIN DAUD
05 Apr 2019 01 Apr 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
05 Apr 2019 02 Apr 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
05 Apr 2019 01 Apr 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
05 Apr 2019 02 Apr 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
01 Apr 2019 26 Mar 2019 Disposed 3,600,000 NIK HAMDAN BIN DAUD
01 Apr 2019 27 Mar 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
01 Apr 2019 26 Mar 2019 Disposed 3,600,000 NIK HAMDAN BIN DAUD
01 Apr 2019 27 Mar 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
28 Mar 2019 22 Mar 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
28 Mar 2019 25 Mar 2019 Disposed 1,043,600 NIK HAMDAN BIN DAUD
28 Mar 2019 22 Mar 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
28 Mar 2019 25 Mar 2019 Disposed 1,043,600 NIK HAMDAN BIN DAUD
25 Mar 2019 20 Mar 2019 Disposed 1,200,000 ENCIK NIK HAMDAN BIN DAUD
25 Mar 2019 21 Mar 2019 Disposed 2,400,000 ENCIK NIK HAMDAN BIN DAUD
25 Mar 2019 20 Mar 2019 Disposed 1,200,000 NIK HAMDAN BIN DAUD
25 Mar 2019 21 Mar 2019 Disposed 2,400,000 NIK HAMDAN BIN DAUD
06 Mar 2019 13 Feb 2019 Disposed 9,089,200 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
06 Mar 2019 14 Feb 2019 Disposed 43,750,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
06 Mar 2019 14 Feb 2019 Acquired 43,750,000 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
06 Mar 2019 14 Feb 2019 Disposed 8,554,100 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
06 Mar 2019 15 Feb 2019 Disposed 1,534,500 TAN SRI DATUK AMAR DR YAW TECK SENG @ HIEW TECK SENG
27 Feb 2019 14 Feb 2019 Disposed 52,839,200 SAMLING ENERGY SDN. BHD.
27 Feb 2019 14 Feb 2019 Acquired 43,750,000 MAGNADRIVE SDN. BHD.
27 Feb 2019 14 Feb 2019 Disposed 52,839,200 UNITED POWER GROUP HOLDINGS LIMITED
27 Feb 2019 27 Feb 2019 Acquired 43,750,000 PARKCITY PROPERTY HOLDINGS SDN. BHD.
27 Feb 2019 13 Feb 2019 Disposed 9,089,200 YAW HOLDING SDN. BHD.
27 Feb 2019 14 Feb 2019 Disposed 43,750,000 YAW HOLDING SDN. BHD.
27 Feb 2019 14 Feb 2019 Acquired 43,750,000 YAW HOLDING SDN. BHD.
27 Feb 2019 14 Feb 2019 Disposed 8,554,100 YAW HOLDING SDN. BHD.
27 Feb 2019 15 Feb 2019 Disposed 1,534,500 YAW HOLDING SDN. BHD.
25 Feb 2019 21 Feb 2019 Disposed 1,835,300 NIK HAMDAN BIN DAUD
25 Feb 2019 21 Feb 2019 Disposed 3,700,000 NIK HAMDAN BIN DAUD
25 Feb 2019 21 Feb 2019 Disposed 1,835,300 NIK HAMDAN BIN DAUD
25 Feb 2019 21 Feb 2019 Disposed 3,700,000 NIK HAMDAN BIN DAUD
22 Feb 2019 19 Feb 2019 Disposed 3,250,000 NIK HAMDAN BIN DAUD
22 Feb 2019 20 Feb 2019 Disposed 2,500,000 NIK HAMDAN BIN DAUD
22 Feb 2019 20 Feb 2019 Disposed 6,500,000 NIK HAMDAN BIN DAUD
22 Feb 2019 19 Feb 2019 Disposed 3,250,000 NIK HAMDAN BIN DAUD
22 Feb 2019 20 Feb 2019 Disposed 2,500,000 NIK HAMDAN BIN DAUD
22 Feb 2019 20 Feb 2019 Disposed 6,500,000 NIK HAMDAN BIN DAUD
21 Feb 2019 15 Feb 2019 Disposed 4,200,000 NIK HAMDAN BIN DAUD
21 Feb 2019 18 Feb 2019 Disposed 2,500,000 NIK HAMDAN BIN DAUD
21 Feb 2019 18 Feb 2019 Disposed 890,000 NIK HAMDAN BIN DAUD
21 Feb 2019 15 Feb 2019 Disposed 4,200,000 NIK HAMDAN BIN DAUD
21 Feb 2019 18 Feb 2019 Disposed 2,500,000 NIK HAMDAN BIN DAUD
21 Feb 2019 18 Feb 2019 Disposed 890,000 NIK HAMDAN BIN DAUD
07 Feb 2019 31 Jan 2019 Disposed 1,500,000 NIK HAMDAN BIN DAUD
07 Feb 2019 31 Jan 2019 Disposed 1,500,000 NIK HAMDAN BIN DAUD
04 Feb 2019 30 Jan 2019 Disposed 2,000,000 MR NIK HAMDAN BIN DAUD
04 Feb 2019 30 Jan 2019 Disposed 2,000,000 MR NIK HAMDAN BIN DAUD
31 Jan 2019 29 Jan 2019 Disposed 1,000 NIK HAMDAN BIN DAUD
31 Jan 2019 29 Jan 2019 Disposed 1,000 NIK HAMDAN BIN DAUD
25 Jan 2019 18 Jan 2019 Disposed 1,000,000 NIK HAMDAN BIN DAUD
25 Jan 2019 22 Jan 2019 Disposed 3,523,700 NIK HAMDAN BIN DAUD
25 Jan 2019 18 Jan 2019 Disposed 1,000,000 NIK HAMDAN BIN DAUD
25 Jan 2019 22 Jan 2019 Disposed 3,523,700 NIK HAMDAN BIN DAUD


Recent News


Recent Announcements
  • MATERIAL LITIGATION
    WINDING UP PETITION IN RESPECT OF A CLAIM AGAINST PBJV GROUP SDN. BHD. ("PBJV") MADE BY EUREKA EFEKTIF SDN. BHD. ("PETITIONER")
  • MATERIAL LITIGATION
    WINDING UP PETITION IN RESPECT OF A CLAIM AGAINST PBJV GROUP SDN. BHD. MADE BY EUREKA EFEKTIF SDN. BHD.
  • OTHERS
    BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH" OR THE "COMPANY") - DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS") ("DEFAULT IN PAYMENT")
  • PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
  • OTHERS
    BARAKAH OFFSHORE PETROLEUM BERHAD ("BARAKAH " OR "THE COMPANY") - DISCLAIMER OPINION ON THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2019

Comments
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Eric Wong Kok Wai
2 Like
 

On 8th July 2019, PETRONAS issued a three (3) year suspension notice (“the Suspension”) on the license of PBJV Group Sdn Bhd (“PBJV”), a wholly-owned subsidiary company of BARAKAH Offshore Petroleum Berhad (“Barakah”). Such notice according to PETRONAS was issued based on grounds of adverse reports of PBJV’s performance under a contract referred to as “Provision For Underwater Services For Petronas Carigali Sdn Bhd (“PCSB”)” (“the Contract”). This Suspension was issued post completion of the Contract.

 

In response, PBJV has issued a Notice of Demand and Dispute dated 5th August 2019 to both PETRONAS and PCSB where it disputes the validity of the Suspension being issued without any legal justification nor compliance to procedures. The Contract has been successfully carried out and completed prior to the Suspension. Upon completion of the Contract, positive appraisal was subsequently given by PCSB hence making the Suspension unwarranted.

 

PBJV has demanded an amount of RM1.02 billion against PETRONAS and PCSB, among others, based on the loss of future profits, reputation and market shares prices. The Notice of Demand & Dispute has been issued by PBJV’s legal firm of solicitors ie. M/s Ram Reza & Muhammad. PETRONAS and PCSB have been given fourteen (14) days to comply with the demand.
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Alvan Chua
给你赢啦,别再那里安慰自己了…记得吼有什么股会狂跌的,介绍下哦…我想陪你输耶…哈哈哈…愿主与你同在…阿门…祝福这位wai keong 安哥…RIP....
Like · 13 hours · translate
Alvan Chua
Wai keong,别气了…伤身…我输我输…你赢…你看这样ok吗…哈哈哈!!!!今天陪你吊最开心
Like · 13 hours · translate
Tc Panda
Like
Any development on this counter?
Kenneth Lee
good news is share price going to 0.020
Like · 1 day · translate
Md Noh Yahya
Lets wait for it
Like · 19 hours · translate