Mieco Berhad

KLSE:MIECO Stock Report

Market Cap: RM 650.0m

Mieco Berhad Management

Management criteria checks 3/4

Mieco Berhad's CEO is Ah Chai Ng, appointed in Nov 2016, has a tenure of 9.67 years. total yearly compensation is MYR2.79M, comprised of 98.9% salary and 1.1% bonuses, including company stock and options. directly owns 56.21% of the company’s shares, worth MYR365.33M. The average tenure of the management team and the board of directors is 9.6 years and 8.1 years respectively.

Key information

Ah Chai Ng

Chief executive officer

RM 2.8m

Total compensation

CEO salary percentage98.92%
CEO tenure9.7yrs
CEO ownership56.2%
Management average tenure9.6yrs
Board average tenure8.1yrs

Recent management updates

Analysis Article • May 21

Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

Key Insights Mieco Chipboard Berhad will host its Annual General Meeting on 28th of May Salary of RM2.76m is part of...

Recent updates

Analysis Article • May 21

Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

Key Insights Mieco Chipboard Berhad will host its Annual General Meeting on 28th of May Salary of RM2.76m is part of...
Analysis Article • Apr 13

Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Jun 02

Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem

Mieco Chipboard Berhad ( KLSE:MIECO ) posted some decent earnings, but shareholders didn't react strongly. Our analysis...
Analysis Article • May 06

These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Mar 01

What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Feb 01

Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Dec 28

Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?

Ah Ng became the CEO of Mieco Chipboard Berhad ( KLSE:MIECO ) in 2016, and we think it's a good time to look at the...
Analysis Article • Dec 01

A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)

Today we will run through one way of estimating the intrinsic value of Mieco Chipboard Berhad ( KLSE:MIECO ) by taking...

CEO Compensation Analysis

How has Ah Chai Ng's remuneration changed compared to Mieco Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-RM 17m

Dec 31 2025RM 3mRM 3m

-RM 12m

Sep 30 2025n/an/a

RM 9m

Jun 30 2025n/an/a

RM 11m

Mar 31 2025n/an/a

RM 6m

Dec 31 2024RM 3mRM 3m

RM 2m

Sep 30 2024n/an/a

-RM 22m

Jun 30 2024n/an/a

-RM 70m

Mar 31 2024n/an/a

-RM 77m

Dec 31 2023RM 3mRM 3m

-RM 65m

Sep 30 2023n/an/a

-RM 76m

Jun 30 2023n/an/a

-RM 36m

Mar 31 2023n/an/a

-RM 26m

Dec 31 2022RM 3mRM 3m

-RM 34m

Sep 30 2022n/an/a

RM 22m

Jun 30 2022n/an/a

RM 19m

Mar 31 2022n/an/a

RM 22m

Dec 31 2021RM 3mRM 3m

RM 28m

Sep 30 2021n/an/a

RM 26m

Jun 30 2021n/an/a

RM 43m

Mar 31 2021n/an/a

RM 29m

Dec 31 2020RM 3mRM 3m

-RM 4m

Sep 30 2020n/an/a

-RM 31m

Jun 30 2020n/an/a

-RM 37m

Mar 31 2020n/an/a

-RM 21m

Dec 31 2019RM 3mRM 3m

RM 2m

Compensation vs Market: Ah Chai's total compensation ($USD684.16K) is above average for companies of similar size in the MY market ($USD208.89K).

Compensation vs Earnings: Ah Chai's compensation has been consistent with company performance over the past year.

CEO

Ah Chai Ng (64 yo)

9.7yrs
Tenure
RM 2,790,000
Compensation

Mr. Ah Chai Ng serves as Managing Director at Mieco Chipboard Berhad since November 15, 2016 and has been its Director since November 15, 2016. Dato' Sri Ng served as Non-Independent Non-Executive Director...

Leadership Team

NamePositionTenureCompensationOwnership
Ah Chai Ng
Group MD & Director9.7yrsRM 2.79m56.21%
MYR 365.3m
Wei Ng
GM & Executive Director9.5yrsRM 500.00k1.27%
MYR 8.2m
Oon Lee
Financial Controller3.5yrsno datano data
Geok Ng
Company Secretary9.7yrsno datano data
9.6yrs
Average Tenure
55yo
Average Age

Experienced Management: MIECO's management team is seasoned and experienced (9.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ah Chai Ng
Group MD & Director9.7yrsRM 2.79m56.21%
MYR 365.3m
Wei Ng
GM & Executive Director8.8yrsRM 500.00k1.27%
MYR 8.2m
Roslan Bin A. Ghaffar
Independent Non-Executive Chairman7.4yrsRM 60.00kno data
Hock Chua
Independent and Non-Executive Directorless than a yearno datano data
Kajendra Pathmanathan
Independent Non-Executive Director10.4yrsRM 54.00kno data
Poh Tan
Independent & Non Executive Director3yrsRM 50.00kno data
8.1yrs
Average Tenure
63.5yo
Average Age

Experienced Board: MIECO's board of directors are considered experienced (8.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/14 00:08
End of Day Share Price 2026/07/13 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mieco Berhad is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan KohUOB Kay Hian Research Pte Ltd
Kent ChinUOB Kay Hian Research Pte Ltd
Jit Hoong ChanUOB Kay Hian Research Pte Ltd