September 23, 2017 3:21 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Hengyuan Refining Company Berhad

Company Overview

Hengyuan Refining Company Berhad refines, manufactures, and sells petroleum products in Malaysia. The company was formerly known as Shell Refining Company (Federation of Malaya) Berhad and changed its name to Hengyuan Refining Company Berhad in March 2017. The company was founded in 1960 and is based in Port Dickson, Malaysia. Hengyuan Refining Company Berhad is a subsidiary of Malaysia Hengyuan International Limited.

Batu 1

Jalan Pantai

Port Dickson,  71000

Malaysia

Founded in 1960

Phone:

60 6 647 1311

Fax:

60 6 647 4622

Key Executives for Hengyuan Refining Company Berhad

Managing Director and Executive Director
Age: 51
Total Annual Compensation: 38.0K
Compensation as of Fiscal Year 2016.

Hengyuan Refining Company Berhad Key Developments

Hengyuan Refining Company Berhad Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Hengyuan Refining Company Berhad reported unaudited earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company’s revenue was MYR 2,597,978,000 against MYR 2,001,420,000 a year ago. Profit before taxation was MYR 84,407,000 against MYR 107,055,000 a year ago. Profit after taxation was MYR 84,407,000 against MYR 106,672,000 a year ago. Basic earnings per share were 28.14 sen against 35.56 sen a year ago. For the six months, the company’s revenue was MYR 5,529,538,000 against MYR 3,871,371,000 a year ago. Profit before taxation was MYR 363,892,000 against MYR 209,027,000 a year ago. Profit after taxation was MYR 363,892,000 against MYR 208,322,000 a year ago. Basic earnings per share were 121.30 sen against 69.44 sen a year ago. Net cash flow generated from operating activities was MYR 524,100,000 against MYR 278,732,000 a year ago. Purchase of property, plant and equipment was MYR 37,253,000 against MYR 8,491,000 a year ago.

Hengyuan Refining Co Bhd Announces Resignation of Datuk Yvonne Chia as Independent Non-Executive Director

Hengyuan Refining Co Bhd announced the resignation of Datuk Yvonne Chia as Independent Non-Executive Director.

Hengyuan Refining Company Berhad Appoints Alan Hamzah Sendut as Independent and Non Executive Chairman of Audit Committee

Hengyuan Refining Company Berhad announced the appointment of Mr. Alan Hamzah Sendut as Independent and Non Executive Chairman of Audit Committee with effect from June 1, 2017.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 19, 2016
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