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Style 30 Aug 2018 | 6:06 AM

6 beauty products honouring the hibiscus, Malaysia's national flower

Malaysia's national flower, the hibiscus, is not only celebrated for its bold beauty but also goodness in skincare products.

Business 24 Feb 2018 | 12:00 AM

Hibiscus – the story of a successful SPAC

THE story of Hibiscus Petroleum Bhd’s growth is an interesting one, considering its funding needs have virtually all come from private investors. The debt-free independent exploration and production company has achieved a few notable milestones.

Business 20 Dec 2012 | 12:00 AM

Hibiscus’ first oil in 2015

KUALA LUMPUR:b/b>First oil from Hibiscus Petroleum Bhds 50.1% Australian asset in the Gippsland Basin of Australia is expected to be obtained in the first quarter of 2015.

Markets 21 Sep 2017 | 12:00 AM

Hibiscus blossoms, share price surges

PETALING JAYA: Hibiscus Petroleum Bhd surged by 39.78%, or 18.5 sen, in very heavy trading yesterday after Public Investment Bank (PIB) initiated coverage on the stock with an “outperform” call.

Business 19 Nov 2015 | 12:00 AM

Hibiscus falls on forced selling

PETALING JAYA: Hibiscus Petroleum Bhd’s falling stock price has taken another casualty, with Datuk Seri Muhammad Syafiq Baljit Abdullah ceasing to be a substantial shareholder in the company following a forced sale of his shares.

Business 05 Apr 2016 | 12:00 AM

Hibiscus claiming RM136.4mil compensation from Lime Petroleum Norway

PETALING JAYA: Hibiscus Petroleum Bhd, through wholly owned Gulf Hibiscus Ltd (GHL), is claiming US$35mil (RM136.4mil) in compensation from Lime Petroleum Norway AS (LPN) for financial losses suffered by GHL. Hibiscus claimed the losses incurred by GHL was due to the restructuring undertaken by LPN.

Business 24 Jun 2014 | 12:00 AM

Hibiscus Petroleum buying Talisman Resources for RM59mil

PETALING JAYA: Hibiscus Petroleum Bhd is acquiring Talisman Resources Pty Ltd in a deal worth US$18mil (RM59mil) that also includes the latter’s 25% stake in the Kitan producing oilfield.

Business 07 Aug 2015 | 12:00 AM

Hibiscus to buy North Sea Anasuria Cluster oilfield stake for RM199mil

PETALING JAYA: Hibiscus Petroleum Bhd has entered into a sale and purchase agreement to acquire a 50% stake in the producing fields of the Anasuria Cluster oil and gas fields, in the North Sea, for US$52.5mil (RM199.1mil). The acquisition includes a floating production storage and offloading (FPSO) facility.

Corporate News 25 Mar 2019 | 12:00 AM

Hibiscus to drill eight oil wells this year

KUALA LUMPUR: Hibiscus Petroleum will be drilling eight oil wells this year, six in Malaysia and two in the United Kingdom, which is set to increase its production volumes.

Business 28 Dec 2017 | 12:00 AM

Research house bullish over Hibiscus’ Sabah oil field purchase

PETALING JAYA: The acquisition of the North Sabah enhanced oil recovery (EOR) field by Hibiscus Petroleum Bhd will provide immense opportunities to increase the group’s production rate.