Hibiscus Petroleum Berhad's (KLSE:HIBISCS) largest shareholders are retail investors with 40% ownership, insiders own 34%

Hibiscus Petroleum Berhad’s significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public

50% of the business is held by the top 11 shareholders

34% of Hibiscus Petroleum Berhad is held by insiders

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A look at the shareholders of Hibiscus Petroleum Berhad (KLSE:HIBISCS) can tell us which group is most powerful. We can see that retail investors own the lion’s share in the company with 40% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

Individual insiders, on the other hand, account for 34% of the company’s stockholders. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders.

In the chart below, we zoom in on the different ownership groups of Hibiscus Petroleum Berhad.

View our latest analysis for Hibiscus Petroleum Berhad

KLSE:HIBISCS Ownership Breakdown December 28th 2025

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

As you can see, institutional investors have a fair amount of stake in Hibiscus Petroleum Berhad. This suggests some credibility amongst professional investors. But we can’t rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Hibiscus Petroleum Berhad’s historic earnings and revenue below, but keep in mind there’s always more to the story.

KLSE:HIBISCS Earnings and Revenue Growth December 28th 2025

Hibiscus Petroleum Berhad is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is Roushan Arumugam with 20% of shares outstanding. With 7.6% and 5.9% of the shares outstanding respectively, Vee Mun Tang and Hibiscus Upstream Sdn Bhd are the second and third largest shareholders. Furthermore, CEO Kenneth Pereira is the owner of 4.1% of the company’s shares.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 11 shareholders, meaning that no single shareholder has a majority interest in the ownership.

Story Continues

Researching institutional ownership is a good way to gauge and filter a stock’s expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions.

Our most recent data indicates that insiders own a reasonable proportion of Hibiscus Petroleum Berhad. Insiders have a RM380m stake in this RM1.1b business. It is great to see insiders so invested in the business. It might be worth checking if those insiders have been buying recently.

The general public, who are usually individual investors, hold a 40% stake in Hibiscus Petroleum Berhad. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

It seems that Private Companies own 7.5%, of the Hibiscus Petroleum Berhad stock. It’s hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company.

While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should learn about the 2 warning signs we’ve spotted with Hibiscus Petroleum Berhad (including 1 which can’t be ignored) .

But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Hibiscus Petroleum Berhad’s (KLSE:HIBISCS) largest shareholders are retail investors with 40% ownership, insiders own 34%

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