Mieco Chipboard Berhad

KLSE:MIECO Stock Report

Market Cap: RM650.0m

Mieco Chipboard Berhad Management

Management criteria checks 2/4

Mieco Chipboard Berhad's CEO is Ah Chai Ng, appointed in Nov 2016, has a tenure of 7.42 years. total yearly compensation is MYR2.99M, comprised of 92.3% salary and 7.7% bonuses, including company stock and options. directly owns 62.98% of the company’s shares, worth MYR409.37M. The average tenure of the management team and the board of directors is 7.4 years and 7 years respectively.

Key information

Ah Chai Ng

Chief executive officer

RM3.0m

Total compensation

CEO salary percentage92.3%
CEO tenure7.4yrs
CEO ownership63.0%
Management average tenure7.4yrs
Board average tenure7yrs

Recent management updates

Recent updates

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

Apr 13
Investors Met With Slowing Returns on Capital At Mieco Chipboard Berhad (KLSE:MIECO)

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

Jun 02
Why Mieco Chipboard Berhad's (KLSE:MIECO) Healthy Earnings Aren’t As Good As They Seem

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

May 06
These 4 Measures Indicate That Mieco Chipboard Berhad (KLSE:MIECO) Is Using Debt Extensively

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

Mar 01
What Do The Returns On Capital At Mieco Chipboard Berhad (KLSE:MIECO) Tell Us?

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

Feb 01
Would Mieco Chipboard Berhad (KLSE:MIECO) Be Better Off With Less Debt?

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

Dec 28
Does Mieco Chipboard Berhad's (KLSE:MIECO) CEO Salary Compare Well With Industry Peers?

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

Dec 01
A Look At The Intrinsic Value Of Mieco Chipboard Berhad (KLSE:MIECO)

CEO Compensation Analysis

How has Ah Chai Ng's remuneration changed compared to Mieco Chipboard Berhad's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-RM64m

Sep 30 2023n/an/a

-RM76m

Jun 30 2023n/an/a

-RM36m

Mar 31 2023n/an/a

-RM26m

Dec 31 2022RM3mRM3m

-RM34m

Sep 30 2022n/an/a

RM22m

Jun 30 2022n/an/a

RM19m

Mar 31 2022n/an/a

RM22m

Dec 31 2021RM3mRM3m

RM28m

Sep 30 2021n/an/a

RM26m

Jun 30 2021n/an/a

RM43m

Mar 31 2021n/an/a

RM29m

Dec 31 2020RM3mRM3m

-RM4m

Sep 30 2020n/an/a

-RM31m

Jun 30 2020n/an/a

-RM37m

Mar 31 2020n/an/a

-RM21m

Dec 31 2019RM3mRM3m

RM2m

Sep 30 2019n/an/a

-RM38m

Jun 30 2019n/an/a

-RM47m

Mar 31 2019n/an/a

-RM58m

Dec 31 2018RM3mRM3m

-RM61m

Sep 30 2018n/an/a

-RM8m

Jun 30 2018n/an/a

RM14m

Mar 31 2018n/an/a

RM35m

Dec 31 2017RM1mRM1m

RM48m

Compensation vs Market: Ah Chai's total compensation ($USD626.55K) is above average for companies of similar size in the MY market ($USD104.63K).

Compensation vs Earnings: Ah Chai's compensation has increased whilst the company is unprofitable.

CEO

Ah Chai Ng (61 yo)

7.4yrs

Tenure

RM2,990,000

Compensation

Dato' Sri 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 Di...

Leadership Team

NamePositionTenureCompensationOwnership
Ah Chai Ng
Group MD & Director7.4yrsRM2.99m62.98%
MYR 409.4m
Wei Ng
GM & Executive Director7.3yrsRM527.00k1.2%
MYR 7.8m
Tien Ng
Manager of Finance & Accountsno datano datano data
Kok Lim
Head of Production - Mieco Manufacturing Sdn Bhdno datano datano data
Geok Ng
Company Secretary7.4yrsno datano data

7.4yrs

Average Tenure

44yo

Average Age

Experienced Management: MIECO's management team is seasoned and experienced (7.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ah Chai Ng
Group MD & Director7.4yrsRM2.99m62.98%
MYR 409.4m
Wei Ng
GM & Executive Director6.5yrsRM527.00k1.2%
MYR 7.8m
Roslan Bin A. Ghaffar
Independent Non-Executive Chairman5.2yrsRM61.00kno data
Tow Cheam
Independent Non Executive Director7.4yrsRM61.00kno data
- Kajendra
Independent Non-Executive Director8.2yrsRM49.00kno data
Poh Tan
Independent & Non Executive Directorless than a yearno datano data

7.0yrs

Average Tenure

61yo

Average Age

Experienced Board: MIECO's board of directors are considered experienced (7 years average tenure).

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