Hengyuan Refining Company Berhad Announces Cessation of Office of Zulhazmi Bin Mohamad as Acting Chief Executive Officer

Hengyuan Refining Company Berhad is a Malaysia-based company that is engaged in refining and manufacturing petroleum products. The Company's business activities are focused around operating and maintaining its refinery and supplying its customers through three channels: the multi-product pipeline to the Klang Valley and KLIA, its truck loading gantry for local customers (West Malaysia) and exporting products to vessels through its jetty to East Malaysia and overseas markets. The Company's range of petroleum products includes liquefied petroleum gas (LPG), petrol, jet fuel, diesel, fuel oil components, sulfur and chemical feedstocks, such as light naphtha and propylene. The Company processes crude oil from Malaysia and all over the world to deliver approximately 156,000 barrels per day of petroleum products to customers in Malaysia and within Southeast Asia. The Company operates an oil refinery at Port Dickson.