Highlights
KLSE: BARAKAH (7251)       BARAKAH OFFSHORE PETROLEUM BHD MAIN : Trading&Services
Last Price Today's Change   Day's Range   Trading Volume
0.16   +0.005 (3.23%)  0.15 - 0.16  5,499,000
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General Meeting

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Ann. Date Date Time Type Venue View
07-Jun-2018 27-Jun-2018 10:30 EGM Function Room Club Golf, Seri Selangor Golf Club, Persiaran Damansara Indah, Off Persiaran Tropicana Jalan PJU 31/9, 47810 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
27-Apr-2018 27-Jun-2018 09:30 AGM Function Room Club Golf, Seri Selangor Golf Club, Persiaran Damansara Indah, Off Persiaran Tropicana Jalan PJU 31/9, 47810 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
27-Apr-2017 26-May-2017 09:30 AGM Ballroom 1, Tropicana Golf & Country Club, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
05-May-2016 01-Jun-2016 10:00 AGM Ballroom 1 & 2, Level 1, Main Wing, Tropicana Golf & Country Club, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
19-May-2015 11-Jun-2015 10:00 AGM Ballroom 1, Tropicana Golf & Country Club, Jalan Kelab Tropicana, 47410 Petaling Jaya, Selangor Meeting Detail
24-Feb-2014 19-Mar-2014 11:00 AGM Tiara Rini Ballroom, Level 1, Royale Bintang The Curve, 6 Jalan PJU 7/3, Mutiara Damansara, 47800 Petaling Jaya, Selangor Darul Ehsan Meeting Detail
06-Jun-2013 28-Jun-2013 10:00 AGM THE HALL, HOTEL LAMAN SERI, BLOCK 4, NO. 7 LAMAN SERI BUSINESS PARK, PERSIARAN SUKAN, SEKSYEN 13 40100 SHAH ALAM SELANGOR DARUL EHSAN Meeting Detail
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  15 people like this.
 
AbuN Aiyaa..apa pasal in conter x mau jalan...minyak abis ka...
31/07/2018 10:45
boldrun88 After lunch..maybe ..
31/07/2018 12:19
victory015 barakah up to 0.20
31/07/2018 12:42
nasai so this V attacked barakah before to collect low and now shout up to sell? kekeke. just asking.
31/07/2018 16:41
victory015 collect low, sell high. you all buy now , push up price , so i can sell high
31/07/2018 20:45
victory015 >> this V attacked barakah . .not attack it is stating the facts
31/07/2018 20:53
Nikmon any good news from fund manager?
01/08/2018 07:24
boldrun88 no power..
01/08/2018 11:30
victory015 barakah win new contract, still no power
01/08/2018 13:15
boldrun88 buyer only 4%..
01/08/2018 14:48
followKing the announcement make no difference :P
01/08/2018 16:31
nasai moment of silence to those chase high yesterday. some had cutloss today.
01/08/2018 16:57
Nikmon debt, debt and debt...the 101 ship still idle....need fresh money to pump in....i though @saltedfish said BARA had briefed Fund Manager on the strategy to bring in new partner or funding? no news yet?
01/08/2018 17:18
nasai u believe what he said? kekeke
02/08/2018 10:10
Lim Tek Wai Best timing to buy now
02/08/2018 11:17
426845217802980 waiting up up up ,why down down down
02/08/2018 15:19
mike_kim319 Drop to 0.65 -0.70 will buy
02/08/2018 17:41
victory015 barakah power up to 0.16 , let's buy more
03/08/2018 10:21
rugktl Buy buy buy
03/08/2018 10:25
Lim Tek Wai Bought last week ,start taking profit
03/08/2018 11:20
bulldog Bot@15.5
03/08/2018 16:15
Surge After digesting 31st volume, believe will continue uptrend
03/08/2018 18:31
Mohd Yazid Mohd Ali TP .50 CENTS by ending 2018
03/08/2018 22:39
Kidir89 Cl, barakah
06/08/2018 10:55
426845217802980 Bought last week 0.165 , now down down down omg
07/08/2018 16:01
AlphaJuliet1708 Hi there, BARAKAH!

Care to join PERISAI, SUMATEC & BORNOIL as a penny stock counter?

You guys will make a great team, considering that all four of you are in the oil-related business. I suggest you guys should make a joint venture instead? Just sayin' tho... since too frequently people in this platform post big hopes and dreams for their counter to 'fly' in the near future. I might as well just add this one too.
08/08/2018 02:48
carilembu BARAKAH KENA BAKAR
08/08/2018 10:33
Scalp3r Wait & see hehe
08/08/2018 19:29
426845217802980 why this counter cant move, still in 0.155
09/08/2018 09:41
bulldog Barakah coming..
09/08/2018 11:36
victory015 you all help to push the price higher, then i can huat !
09/08/2018 12:57
bulldog Now pushing Up...
09/08/2018 14:31
azhargoth will stop @165
09/08/2018 14:43
TheGodHoudini can go any higher than 0.165?
09/08/2018 15:50
Nikmon what is the good news leh
09/08/2018 16:00
jnal Barakah got new contract from sapura for maintenance..
09/08/2018 19:20
snwong13 .
http://www.theedgemarkets.com/article/barakah-bags-5year-mcm-contract-sapura
09/08/2018 20:26
snwong13 .
OTHERS BARAKAH OFFSHORE PETROLEUM BERHAD AWARD OF CONTRACT
BARAKAH OFFSHORE PETROLEUM BERHAD

Type Announcement
Subject OTHERS
Description BARAKAH OFFSHORE PETROLEUM BERHAD

AWARD OF CONTRACT
INTRODUCTION

Barakah Offshore Petroleum Berhad ("Barakah" or the “Company") is pleased to announce that its wholly-owned subsidiary company, PBJV Group Sdn Bhd (“PBJV”), has received a Letter of Award from Sapura Exploration and Production (PM) Inc. for the provision of Pan Malaysia Maintenance, Construction and Modification (PM-MCM) Contractor for 2018-2023 Package A (West Malaysia)(hereinafter referred to as “Contract”).

INFORMATION ON THE CONTRACT
The scope of the Contract will generally include maintenance, construction and modification work for structures and facilities for the client’s oil and gas fields offshore Peninsular Malaysia. The total value of the Contract is not fixed and will depend on the actual scope based on work orders to be issued by the client from time to time throughout the duration of the Contract. The Contract duration is for up to five (5) years effective from 11 July 2018 in accordance with the terms and conditions of the Contract.

FINANCIAL EFFECTS

The Contract is expected to contribute positively towards the earnings and net assets per share of Barakah Group for the duration of the Contract.


RISK FACTORS

Risk factors affecting the Contract include, but not limited to, execution risks such as availability of skilled manpower and materials and changes in prices of materials. Barakah Group has, throughout the years, established its track record and expertise to undertake such projects.

As such, the management of Barakah Group believes that the Group is able to mitigate the abovementioned risk factors.

DIRECTORS AND MAJOR SHAREHOLDERS' INTEREST
None of the Directors and/or major shareholders and/or persons connected with the Directors and/or major shareholders of the Company has any direct or indirect interest in the Contract.

This announcement is dated 9 August 2018.
09/08/2018 20:27
turbofast Huat ah
09/08/2018 20:30
turbofast KUALA LUMPUR (Aug 9): Barakah Offshore Petroleum Bhd has been awarded a five-year contract to provide maintenance, construction and modification (MCM) services for Sapura Energy Bhd's oil and gas fields offshore Peninsular Malaysia.

Its wholly-owned subsidiary PBJV Group Sdn Bhd won the contract from Sapura Exploration and Production Inc to provide the services from 2018 to 2023, said Barakah in a filing with the stock exchange today.

The contract, which is effective July 11, has no fixed value and will be based on work orders, which will be issued by the client from time to time during the duration of the contract, said Barakah.

The group expects positive contribution from the contract towards the earnings and net assets per share of the group for the duration of the contract.

"We are pleased to have secured these MCM contracts. These contracts are expected to contribute positively to the group's bottom line and replenish our orderbook, while keeping us occupied for the next five years," Barakah's chief executive officer Nik Hamdan Daud said in a separate statement.

"Moving forward, we believe 2019 will be an exciting year for us as more oil and gas projects are expected to come on stream following a recovery in the sector," he added.

Barakah's share price rose 1.5 sen or 10% to close at 16.5 sen today, for a market capitalisation of RM136.36 million.
09/08/2018 20:31
Nikmon i thought got white knight.....tomorrow bye bye
09/08/2018 20:35
victory015 today barakah can go to 0.17
10/08/2018 09:17
jeffng570 haha..barakah and sapura also is a con counter....becareful my fren
10/08/2018 10:03
Lim Tek Wai huge profit incoming kikiki
10/08/2018 10:29
victory015 con counter or not, as long as can make money, it is good
10/08/2018 11:07
saltedfish 欲振乏力
10/08/2018 11:15
Boomerang Lapsap counter
10/08/2018 19:50
moneypedia come to papa come to papa bucuk bucuk
10/08/2018 20:32
Nikmon i guess this coming quarter result should be suck
10/08/2018 23:53
victory015 it is quiet in barakah channel
14/08/2018 13:23


 

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