【HENGYUAN 4324 交流专区】 （前名 SHELL）

Tony-Pua

RM 3.07........buy

icy97

HENGYUAN REFINING COMPANY BERHAD

Date of change	29 Feb 2020
Name	MR DAVID RONALD KEAT
Age	59
Gender	Male
Nationality	New Zealand
Type of change	Others
Designation	Chief Executive Officer
Description	End of Employment Contract

icy97

HENGYUAN REFINING COMPANY BERHAD

Date of change	01 Mar 2020
Name	MR ERKKI TAPIO RANTA
Age	55
Gender	Male
Nationality	Finland
Type of change	Appointment
Designation	Chief Executive Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Others Key Managers Leadership Training, Neste Oil, IMD, Lausanne 2012 2 Others LIFIM, Executive Training Program, Strategy and Leadership, Top Management Training Association of Finland, 2004 3 Others JOKO, Executive Training Program (1/4 of executive Master of Business Administration) Turku School of Economics and Business Administration, 1997 4 Degree Bachelor Degree in Process Technology, Tampere Institute of Technology, 1989
Working experience and occupation	Mr. Ranta brings with him vast experience in the oil and gas industry and has held a variety of engineering, executive roles and directorships for over the last 29 years. He commenced his career with Air- Ix oy, Turku located in Finland as a Plant Design Engineer from February 1990 to December 1990.In 1991, he joined Neste Oil Oyj, a downstream oil company in Finland, where he held a variety of posts as follows:i)        January 1991 to October 1992, as Plant Engineer, Blending at Naantali Refinery; ii)        November 1992 to October 1993, as Plant Manager at Naantali Refinery;iii)        November 1993 to December 1999, as Operations Manager (Supply Chain Management) at Naantali Refinery;iv)        January 2000 to April 2009, as Production Manager at Naantali Refinery;v)        April 2009 to December 2011, as Production Manager at Porvoo Refinery; andvi)        January 2012 to April 2015 as HSEQ Director of Naantali, Porvoo, Singapore and Rotterdam refineries.From May 2015 to April 2019, he served as the Refinery Director with Rijeka Refinery, INA, Croatia.From May 2019 to October 2019, he was the Chief Expert of Refining and Marketing with INA, Croatia.

icy97

Type	Announcement
Subject	OTHERS
Description	Delay of Euro4 Mogas Project
1. INTRODUCTION The Board of Directors of Hengyuan Refining Company Berhad (“HRC” or “Company”) wishes to announce that the progress of the Company’s Euro4 Mogas Project (“Project”) is delayed and is currently expected to complete by Fourth Quarter of 2020. There will be no impact to the Company’s operation and no supply disruption to the market. From 1st January 2020 onwards until Project completion, the Company will continue to produce Euro4M specification product to customers and the shortfall caused by the Project delay will be imported. 2. DELAY DUE TO POOR QUALITY The delay is due to quality issues related to pipe fittings supplied by the EPCC LSTK (Engineering, Procurement, Construction and Commission Lumpsum Turnkey) contractor discovered by the Company during a recent Project review. To ensure that the quality and safety standards of the Project are met, additional time is required for the contractor to procure and install the replacement fittings at their cost. 3. IMPACT TO THE COMPANY The impact on the Company’s profitability is expected to be minimal. This announcement is dated 29 November 2019.

icy97

Type	Announcement
Subject	OTHERS
Description	Hengyuan Refining Company Berhad - Fire Incident
The Board of Directors of Hengyuan Refining Company Berhad (“HRC” or “Company”) wishes to announce that a fire incident had occurred at one of its crude tank in Refinery Port Dickson, Negeri Sembilan. The fire started at approximately 04:20 p.m. today (22 May 2020). The damages sustained from the fire incident are restricted to one crude tank area. Other sections of the refinery and office building were not affected. Preliminary indications of the fire were due to lightning strike. The financial impact has yet to be fully ascertained. The company is looking into ascertaining the actual extend and damages arising from the fire with relevant parties. The Board will make a further announcement in due course, for any further development, if required. This announcement is dated 22 May 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	2,549,347	2,959,957	2,549,347	2,959,957
2	Profit/(loss) before tax	-123,633	40,692	-123,633	40,692
3	Profit/(loss) for the period	-124,123	21,572	-124,123	21,572
4	Profit/(loss) attributable to ordinary equity holders of the parent	-124,123	21,572	-124,123	21,572
5	Basic earnings/(loss) per share (Subunit)	-41.37	7.19	-41.37	7.19
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	7.4418		6.7045

icy97

HENGYUAN REFINING COMPANY BERHAD

Date of change	07 Aug 2020
Name	MISS WANG, CHAO-JEN
Age	56
Gender	Female
Nationality	Taiwan, Province of China
Type of change	Others
Designation	Others
Description	End of Employment Contract

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information

Remarks :

Ms Wang will cease her duties and responsibilities as Deputy Chief Executive Officer of the Company with effect from 7 August 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,213,813	3,306,340	3,763,160	6,266,297
2	Profit/(loss) before tax	251	9,489	-123,382	50,181
3	Profit/(loss) for the period	48,672	3,276	-75,451	24,848
4	Profit/(loss) attributable to ordinary equity holders of the parent	48,672	3,276	-75,451	24,848
5	Basic earnings/(loss) per share (Subunit)	16.22	1.09	-25.15	8.28
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	7.0304		6.7045

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,588,139	3,225,121	5,351,299	9,491,418
2	Profit/(loss) before tax	152,013	813	28,631	50,994
3	Profit/(loss) for the period	154,912	-11,431	79,461	13,417
4	Profit/(loss) attributable to ordinary equity holders of the parent	154,912	-11,431	79,461	13,417
5	Basic earnings/(loss) per share (Subunit)	51.64	-3.81	26.49	4.47
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	7.1637		6.7045

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	3,249,998	1,588,139	7,949,400	5,351,299
2	Profit/(loss) before tax	-55,604	152,013	-102,495	28,631
3	Profit/(loss) for the period	-54,043	154,912	-97,111	79,461
4	Profit/(loss) attributable to ordinary equity holders of the parent	-54,043	154,912	-97,111	79,461
5	Basic earnings/(loss) per share (Subunit)	-18.01	51.64	-32.37	26.49
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	6.0703		7.2279

icy97

HENGYUAN REFINING COMPANY BERHAD

Date of change	09 Oct 2023
Name	MR ZULHAZMI BIN MOHAMAD
Age	52
Gender	Male
Nationality	Malaysia
Type of change	Cessation Of Office
Designation	Others
Reason	Appointment of new Chief Executive Officer
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information

Remarks :

Mr Zulhazmi Bin Mohamad has ceased his duties and responsibilities as the acting Chief Executive Officer of the Company with effect from 9 October 2023. Mr Yin Lujiang has been appointed as the Chief Executive Officer of the Company, to undertake all duties and responsibilities from Mr Zulhazmi Bin Mohamad, with effect from 9 October 2023.

Date of change	09 Oct 2023
Name	MR YIN, LUJIANG
Age	52
Gender	Male
Nationality	China
Type of change	Appointment
Designation	Chief Executive Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Degree Science Department of Chemistry of Shandong University 2 Masters Engineering School of Material Chemistry of Zhejiang University
Working experience and occupation	1) Mr. Yin, Lujiang held the following positions with Refinery of Sinopec (Qilu Branch), between July 1993 and October 2012: - Operator, Assistant Engineer of Platinum reforming workshop- Engineer of Production Technology Department - Engineer of Planning Department - Production Director, Senior Engineer of Delayed coking workshop - Director, Senior Engineer of Delayed the coking workshop - Team leader, Senior Engineer of Production preparatory team for heavy oil deep processing project- Senior Expert and Director of the Second joint workshop - Technical Department as Deputy Chief Engineer, Senior Refining Expert, Secretary of Production Technology Department2) Mr. Yin, Lujiang held the following positions with ChemChina Oil & Gas Corporation between October 2012 and 28 September 2023:- Deputy Director of the Production and Operation Office (presided over the work)- Chief Technology Officer of Changyi Petrochemical company- Director of the Production and Operation Office- Assistant to the General Manager- General Manager of Tianjin Branch of Bluestar Petrochemical Co., Ltd.- Director of Tianjin Petrochemical Plant of Bluestar Petrochemical Co., Ltd.- Chairman of Bluestar Petroleum Co., Ltd.- Chairman of Daqing Zhonglan Petrochemical Co., Ltd.- Chairman of Shandong Changyi Petrochemical Co., Ltd.- Secretary of the Party Committee of Jinan Petrochemical Group Co., Ltd. - Chairman of Zhenghe Petrochemical Group Corporation- Chairman of Zhenghe Petroch3) Mr. Yin, Lujiang held the following positions with China Sinochem Oil & Gas Corporation between February 2021 and 28 September 2023:- Assistant  to the General Manager- Chairman of Daqing Xhonglan Petrochemicals Co., Ltd.

icy97

HENGYUAN REFINING COMPANY BERHAD

Date of change	01 Aug 2024
Name	MADAM YEO BEE HWAN
Age	56
Gender	Female
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Chartered Global Management Accountant (CGMA) Chartered Institute of Management Accountants (CIMA) & American Institute of Chartered Public Accountants (AICPA) 2 Professional Qualification Chartered Accountant Malaysia Institute of Accountants (MIA) 3 Professional Qualification Associate Chartered Management Accountant (ACMA) The Chartered Institute of Management Accountants (CIMA), UK 4 Diploma Diploma in Commerce Tunku Abdul Rahman College
Working experience and occupation	Madam Yeo has over 30 years of extensive experience in corporate finance, operations, manufacturing, risk management, treasury, audit, and tax planning, having worked with conglomerates, multinationals, and public listed companies across diverse industries, including media, semiconductor manufacturing, oil & gas engineering, and the automotive sector.She began her career as an external auditor before joining Hume Group (a listed division of Hong Leong Group) in 1994. In 2000, she moved to TS Matrix Berhad (a subsidiary of Tuan Sing Holding Group, a Singapore Public Listed Group) and subsequently held senior positions in various corporations, including Spansion (KL) Sdn Bhd (a member of AMD group) in 2005, Wah Seong Corporation Berhad Group in 2006, Bumi Armada Berhad Group in 2011, and Oriental Sheet Piling Group (a joint venture with the Steel Division under Arcelor Mittal Group) in 2012. She served as the Chief Financial Officer of Hiap Teck Venture Berhad Group in 2016 before joining Pecca Group Berhad in 2022 and left the company in July 2024.

Date of change	01 Aug 2024
Name	MR LOO SHEN CHANG
Age	58
Gender	Male
Nationality	Malaysia
Type of change	Cessation Of Office
Designation	Others
Reason	Appointment of new Chief Financial Officer
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information

Remarks :

Mr Loo Shen Chang has ceased his duties and responsibilities as the interim Chief Financial Officer of the Company with effect from 1 August 2024. Madam Yeo Bee Hwan has been appointed as the Chief Financial Officer of the Company, to undertake all duties and responsibilities from Mr Loo Shen Chang, with effect from 1 August 2024.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	4,623,419	3,541,138	9,610,856	7,923,561
2	Profit/(loss) before tax	-199,696	-95,508	-198,336	-276,121
3	Profit/(loss) for the period	-199,504	-95,508	-198,336	-216,051
4	Profit/(loss) attributable to ordinary equity holders of the parent	-199,504	-95,508	-198,336	-216,051
5	Basic earnings/(loss) per share (Subunit)	-66.50	-31.84	-66.11	-72.02
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	4.3782		4.6752