Mieco Chipboard Berhad

KLSE:MIECO Stock Report

Market Cap: RM 700.0m

Mieco Chipboard Berhad Management

Management criteria checks 3/4

Mieco Chipboard Berhad's CEO is Ah Chai Ng, appointed in Nov 2016, has a tenure of 7.67 years. total yearly compensation is MYR2.76M, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 62.98% of the company’s shares, worth MYR440.86M. The average tenure of the management team and the board of directors is 7.7 years and 7.2 years respectively.

Key information

Ah Chai Ng

Chief executive officer

RM 2.8m

Total compensation

CEO salary percentage100.0%
CEO tenure7.7yrs
CEO ownership63.0%
Management average tenure7.7yrs
Board average tenure7.2yrs

Recent management updates

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

May 21
Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

Recent updates

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

May 21
Shareholders May Not Be So Generous With Mieco Chipboard Berhad's (KLSE:MIECO) CEO Compensation And Here's Why

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
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

Sep 30 2019n/an/a

-RM 38m

Jun 30 2019n/an/a

-RM 47m

Mar 31 2019n/an/a

-RM 58m

Dec 31 2018RM 3mRM 3m

-RM 61m

Sep 30 2018n/an/a

-RM 8m

Jun 30 2018n/an/a

RM 14m

Mar 31 2018n/an/a

RM 35m

Dec 31 2017RM 1mRM 1m

RM 48m

Compensation vs Market: Ah Chai's total compensation ($USD584.93K) is above average for companies of similar size in the MY market ($USD99.33K).

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


CEO

Ah Chai Ng (62 yo)

7.7yrs

Tenure

RM 2,760,000

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 & Director7.7yrsRM 2.76m62.98%
MYR 440.9m
Wei Ng
GM & Executive Director7.5yrsRM 492.00k1.2%
MYR 8.4m
Tien Ng
Manager of Finance & Accountsno datano datano data
Kok Lim
Head of Production of Mieco Manufacturing Sdn Bhdno datano datano data
Geok Ng
Company Secretary7.7yrsno datano data

7.7yrs

Average Tenure

45yo

Average Age

Experienced Management: MIECO's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ah Chai Ng
Group MD & Director7.7yrsRM 2.76m62.98%
MYR 440.9m
Wei Ng
GM & Executive Director6.8yrsRM 492.00k1.2%
MYR 8.4m
Roslan Bin A. Ghaffar
Independent Non-Executive Chairman5.4yrsRM 60.00kno data
Tow Cheam
Independent Non Executive Director7.7yrsRM 63.00kno data
- Kajendra
Independent Non-Executive Director8.4yrsRM 55.00kno data
Poh Tan
Independent & Non Executive Directorless than a yearRM 20.00kno data

7.2yrs

Average Tenure

61.5yo

Average Age

Experienced Board: MIECO's board of directors are considered experienced (7.2 years average tenure).


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