Hibiscus Petroleum Berhad Management

Management criteria checks 2/4

Hibiscus Petroleum Berhad's CEO is Kenneth Pereira, appointed in Sep 2010, has a tenure of 13.67 years. total yearly compensation is MYR8.37M, comprised of 39.4% salary and 60.6% bonuses, including company stock and options. directly owns 3.75% of the company’s shares, worth MYR81.37M. The average tenure of the management team and the board of directors is 5.8 years and 7.8 years respectively.

Key information

Kenneth Pereira

Chief executive officer

RM8.4m

Total compensation

CEO salary percentage	39.4%
CEO tenure	13.7yrs
CEO ownership	3.7%
Management average tenure	5.8yrs
Board average tenure	7.8yrs

Recent management updates

Recent updates

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Due To Pay A Dividend Of MYR0.0125

Oct 22

Why We Like The Returns At Hibiscus Petroleum Berhad (KLSE:HIBISCS)

Mar 17

We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Might Have The DNA Of A Multi-Bagger

Dec 09

These 4 Measures Indicate That Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Using Debt Reasonably Well

Oct 10

Here's Why We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Well Worth Watching

Sep 23

Earnings Beat: Hibiscus Petroleum Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aug 26

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Looking To Continue Growing Its Returns On Capital

Jun 22

Is There An Opportunity With Hibiscus Petroleum Berhad's (KLSE:HIBISCS) 48% Undervaluation?

May 27

Hibiscus Petroleum Berhad's (KLSE:HIBISCS) Returns On Capital Are Heading Higher

Feb 24

Growth Investors: Industry Analysts Just Upgraded Their Hibiscus Petroleum Berhad (KLSE:HIBISCS) Revenue Forecasts By 20%

Jun 08

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Experiencing Growth In Returns On Capital

May 17

We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Taking Some Risk With Its Debt

Mar 08

Does Hibiscus Petroleum Berhad (KLSE:HIBISCS) Have The Makings Of A Multi-Bagger?

Feb 07

Is Hibiscus Petroleum Berhad's (KLSE:HIBISCS) 165% Share Price Increase Well Justified?

Dec 12

CEO Compensation Analysis

How has Kenneth Pereira's remuneration changed compared to Hibiscus Petroleum Berhad's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	RM451m
Sep 30 2023	n/a	n/a	RM420m
Jun 30 2023	RM8m	RM3m	RM401m

Compensation vs Market: Kenneth's total compensation ($USD1.76M) is above average for companies of similar size in the MY market ($USD227.74K).

Compensation vs Earnings: Insufficient data to compare Kenneth's compensation with company performance.

CEO

Kenneth Pereira (65 yo)

13.7yrs

Tenure

RM8,372,000

Compensation

Dr. Kenneth Gerard Pereira has been Managing Director of Hibiscus Petroleum Berhad since September 13, 2010. Dr. Pereira served as an Executive Officer of Sapuracrest Petroleum Bhd. He served as Chief Fina...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth Pereira	MD & Director	13.7yrs	RM8.37m	3.75% MYR 81.4m
Chee Yip	Chief Financial Officer	7.2yrs	no data	no data
Mohammed Abdul Aziz	Chief Operating Officer	1.3yrs	no data	no data
Joyce Theresa Vasudevan	Head of Corporate Finance	3.7yrs	no data	no data
Kock Lim	Group General Counsel	7.2yrs	no data	no data
Leong Ling	Vice President of Corporate Development	4.3yrs	no data	no data
Noor Yang	Vice President of Group Human Capital	1.3yrs	no data	no data
Pascal Josephus Hos	Chief Executive Officer of Peninsula Hibiscus	no data	no data	no data
Ai Tan	Joint Company Secretary	11.3yrs	no data	no data
Yit Tai	Joint Company Secretary	11.3yrs	no data	no data
Chee Seong Chong	Chief Executive Officer of SEA Hibiscus Sdn Bhd	3.2yrs	no data	no data

5.8yrs

Average Tenure

52.5yo

Average Age

Experienced Management: HIBISCS's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth Pereira	MD & Director	13.7yrs	RM8.37m	3.75% MYR 81.4m
Zainul Bin Mohd Zain	Non-Independent Non-Executive Chairman	13.4yrs	RM373.65k	no data
Thomas Taylor	Senior Independent Non-Executive Director	7.8yrs	RM285.73k	no data
Roushan Arumugam	Non-Independent Non-Executive Director	12.8yrs	RM264.23k	1.94% MYR 42.1m
Zaha Binti Zahari	Independent & Non Executive Director	6.7yrs	RM287.23k	0.23% MYR 4.9m
Emeliana Rice-Oxley	Independent & Non Executive Director	1.6yrs	RM167.54k	no data
Zaidah Binti Ibrahim	Independent Non-Executive Director	1.3yrs	RM131.00k	no data

7.8yrs

Average Tenure

62yo

Average Age

Experienced Board: HIBISCS's board of directors are considered experienced (7.8 years average tenure).

Hibiscus Petroleum Berhad Management

Management criteria checks 2/4

Key information

Recent management updates

Hibiscus Petroleum Berhad, Annual General Meeting, Dec 05, 2023

Hibiscus Petroleum Berhad Announces Dato' Sri Roushan Arumugam Re-Designates to Non-Independent Non-Executive Chairman of Remuneration Committee, with Effect from 25 July 2023

Hibiscus Petroleum Berhad Appoints Emeliana Dallan Rice-Oxley as Independent and Non Executive Member of Remuneration Committee, Date of Change 01 January, 2023

Hibiscus Petroleum Berhad, Annual General Meeting, Dec 01, 2022

Hibiscus Petroleum Berhad Appoints Emeliana Dallan Rice-Oxley as Non Executive Director

Insufficient new directors

Recent updates

Upcoming dividend of RM0.02 per share

Dividend of RM0.02 announced

Second quarter 2024 earnings released: EPS: RM0.13 (vs RM0.088 in 2Q 2023)

Hibiscus Petroleum Berhad Announces Second Single-Tier Interim Dividend for the Financial Year Ending 30 June 2024, Payable on 18 April 2024

Carlyle Reportedly Lines Up for Woodside's Macedon Project

Upcoming dividend of RM0.013 per share at 1.0% yield

Upcoming dividend of RM0.02 per share at 1.1% yield

Price target decreased by 26% to RM3.22

First quarter 2024 earnings released: EPS: RM0.077 (vs RM0.17 in 1Q 2023)

Hibiscus Petroleum Berhad Announces the First Single-Tier Interim Dividend for the Financial Year Ending 30 June 2024, Payable on 19 January 2024

Hibiscus Petroleum Berhad, Annual General Meeting, Dec 05, 2023

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Due To Pay A Dividend Of MYR0.0125

Hibiscus Petroleum Berhad Announces Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2023, Payable on 19 January 2024

Price target increased by 28% to RM4.36

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Full year 2023 earnings released: EPS: RM0.20 (vs RM0.33 in FY 2022)

Hibiscus Petroleum Berhad Announces Third Single-Tier Interim Dividend in Respect of the Financial Year Ended 30 June 2023, Payment Date 20 Oct 2023

Hibiscus Petroleum Berhad Announces Dato' Sri Roushan Arumugam Re-Designates to Non-Independent Non-Executive Chairman of Remuneration Committee, with Effect from 25 July 2023

Hibiscus Petroleum Berhad Announces Second Interim Dividend for Fiscal Year 2023

Third quarter 2023 earnings released: EPS: RM0.036 (vs RM0.15 in 3Q 2022)

Why We Like The Returns At Hibiscus Petroleum Berhad (KLSE:HIBISCS)

Second quarter 2023 earnings released: EPS: RM0.035 (vs RM0.024 in 2Q 2022)

Hibiscus Petroleum Berhad Announces First Interim Dividend for the Financial Year Ending 30 June 2023, Payable on April 18, 2023

Upcoming dividend of RM0.01 per share

We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Might Have The DNA Of A Multi-Bagger

Hibiscus Petroleum Berhad Appoints Emeliana Dallan Rice-Oxley as Independent and Non Executive Member of Remuneration Committee, Date of Change 01 January, 2023

First quarter 2023 earnings released: EPS: RM0.067 (vs RM0.021 in 1Q 2022)

Hibiscus Petroleum Berhad, Annual General Meeting, Dec 01, 2022

Hibiscus Petroleum Berhad Announces Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2022, Payable on 18 January 2023

These 4 Measures Indicate That Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Using Debt Reasonably Well

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Hibiscus Petroleum Berhad Appoints Emeliana Dallan Rice-Oxley as Non Executive Director

Here's Why We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Well Worth Watching

Earnings Beat: Hibiscus Petroleum Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Full year 2022 earnings: Revenues miss analyst expectations

Hibiscus Petroleum Berhad Provides Sales Guidance for the Fiscal Year 2023

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Looking To Continue Growing Its Returns On Capital

Upcoming dividend of RM0.01 per share

Is There An Opportunity With Hibiscus Petroleum Berhad's (KLSE:HIBISCS) 48% Undervaluation?

Hibiscus Petroleum Berhad Announces Impairment Charges for the Quarter Ended March 31, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Hibiscus Petroleum Berhad Recommends Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2022

Hibiscus Petroleum Berhad Recommends Final Single-Tier Dividend in Respect of the Financial Year Ended 30 June 2022

Price target increased to RM1.55

Insufficient new directors

Investor sentiment deteriorated over the past week

Hibiscus Petroleum Berhad's (KLSE:HIBISCS) Returns On Capital Are Heading Higher

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Now 21% undervalued

Price target increased to RM1.33

Investor sentiment improved over the past week

Upcoming dividend of RM0.01 per share

First quarter 2022 earnings released: EPS RM0.021 (vs RM0.006 in 1Q 2021)

Full year 2021 earnings released: EPS RM0.059 (vs RM0.031 loss in FY 2020)

Full year 2021 earnings released: EPS RM0.059 (vs RM0.031 loss in FY 2020)

Director Zaha Binti Zahari has joined 5th company board

Price target increased to RM0.98

Rex International Holding Limited Signs Global Settlement Agreement with Hibiscus and Other Relevant Parties on Legal Cases-Update

Growth Investors: Industry Analysts Just Upgraded Their Hibiscus Petroleum Berhad (KLSE:HIBISCS) Revenue Forecasts By 20%

Hibiscus Petroleum Berhad (KLSE:HIBISCS) agreed to acquire Exploration and production assets in Malaysia and a block in Vietnam from Repsol, S.A. (BME:REP).

Third quarter 2021 earnings released: EPS RM0.018 (vs RM0.018 in 3Q 2020)

Hibiscus Petroleum Berhad Announces Corporate and Business Update

Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Experiencing Growth In Returns On Capital

We Think Hibiscus Petroleum Berhad (KLSE:HIBISCS) Is Taking Some Risk With Its Debt

Second quarter 2021 earnings released: EPS RM0.007 (vs RM0.032 in 2Q 2020)

New 90-day high: RM0.66

Does Hibiscus Petroleum Berhad (KLSE:HIBISCS) Have The Makings Of A Multi-Bagger?

Price target raised to RM0.68

Hibiscus Petroleum Berhad Executes Licence Agreements Pursuant to the 32nd United Kingdom Offshore Licensing Round Awards