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Hibiscus Petroleum committed to giving back to communities
Hibiscus Petroleum committed to giving back to communities

New Straits Times

time23-04-2025

  • Business
  • New Straits Times

Hibiscus Petroleum committed to giving back to communities

KOTA KINABALU: Hibiscus Petroleum Bhd has uplifted communities across Malaysia through corporate social responsibility (CSR) programmes, with a strong focus on Sabah. Its chairman, Zainul Rahim Mohd Zain, said the company's commitment extends beyond its core business operations. Hibiscus Petroleum is Malaysia's first listed independent oil and gas exploration and production company. It is focused on monetising producing oil fields and expanding its development and production assets in various locations, like Malaysia, Vietnam, Brunei, the United Kingdom and Australia. Hibiscus Petroleum logged RM2.7 billion in revenue for the financial year 2024, the second consecutive year surpassing RM2 billion. "Beyond business, Hibiscus Petroleum remains committed to giving back to the communities in which we operate. "In 2024, we impacted over 40,000 people through initiatives in healthcare, education and the environment," he said during the company's Hari Raya celebration at a hotel here. Among its initiatives in Sabah, are programmes to enhance livelihoods and environmental awareness. "As part of our commitment to community development here in Sabah, we've launched several impactful CSR initiatives. "These include empowering 20 B40 (Bottom 40 per cent of income earners) women in Kudat and Kota Marudu with tailoring skills, engaging 150 students and 60 teachers in a mangrove preservation outreach across Sabah, and promoting safety awareness among 500 students in Kota Belud through the upcoming Safe Programme." Zainul added that the company had also expanded its Super Sarapan breakfast initiative to address food insecurity among schoolchildren. Originally implemented in Kelantan, the programme now includes two schools in Kota Belud — SK Tamau and SMK Usukan — benefiting 80 students. In healthcare, Hibiscus has provided free human papillomavirus screenings to over 5,000 individuals for Sabahans since 2021. Hibiscus has also sponsored renewable energy access for 124 homes in Kampung Paus, Ranau. The Hibiscus Wakalah programme has benefitted over 8,000 underprivileged individuals.

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