Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last 0.79 MYR
Change Today +0.05 / 6.80%
Volume 7.3M
MIEC On Other Exchanges
Kuala Lumpur
As of 4:58 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

mieco chipboard berhad (MIEC) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/3/15 - 0.79
52 Week Low
12/16/14 - 0.36
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

Related News

No related news articles were found.

mieco chipboard berhad (MIEC) Related Businessweek News

No Related Businessweek News Found

mieco chipboard berhad (MIEC) Details

Mieco Chipboard Berhad, an investment holding company, engages in the manufacture, marketing, and sale of chipboards and related products primarily in Malaysia. The company offers plain boards, which are used as a material for home and office furniture, wall panels, worktops, and hifi-speaker boxes; decorative melamine faced chipboards that are used for interior decoration applications for the home, kitchen, and office furniture; and decorative electron beam foil chipboard for offices, kitchen cabinets, and home furniture. It also provides decorative polymer faced chipboards used for home and office furniture applications; worktops for use by home-builders and interior architectural designers; direct post formed boards for office furniture tops and drawer fronts, kitchen cabinet doors, and shelving panels; DIY furniture series under the MIECO Livin Style brand name; and decorative high pressure laminate chipboards under the Duropal brand name. It exports its products to approximately 20 countries, including China, Taiwan, Japan, Korea, Hong Kong, South East Asia, the Indian subcontinents, the Middle East, Africa, and the Australasian countries. The company was incorporated in 1972 and is based in Kuala Lumpur, Malaysia.

Founded in 1972

mieco chipboard berhad (MIEC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

mieco chipboard berhad (MIEC) Key Developments

Mieco Chipboard Bhd, Annual General Meeting, Jun 25, 2015

Mieco Chipboard Bhd, Annual General Meeting, Jun 25, 2015., at 10:00 Singapore Standard Time. Location: Dewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, Off Jalan Damansara. Agenda: To receive the Audited Financial Statements for the financial year ended 31 December 2014 and the Reports of the Directors and auditors thereon; to approve the payment of directors' fees of MYR 108,000.00 for the financial year ended 31 December 2014; to re-elect Mr. Low Kim Seng who retires pursuant to Article 81 of the company's Articles of Association; to re-appoint Dato' Seri Mohamed Daud Bin Abu Bakar, retiring pursuant to Section 129 of the Companies Act 1965; to appoint Messrs Deloitte as Auditors of the company in place of the retiring Auditors, Messrs PricewaterhouseCoopers for the financial year ending 31 December 2015 and to authorise the Directors to fix their remuneration; and to retain Lt. Gen. (R) Dato' Seri Mohamed Daud Bin Abu Bakar, Dato' Dr. Amarjit Singh A/L Santokh Singh and Dato' Dr Amarjit Singh A/L Santokh Singh as Independent Non-Executive Directors.

Mieco Chipboard Bhd Auditor Raises 'Going Concern' Doubt

Mieco Chipboard Bhd filed its Annual on Apr 29, 2015 for the period ending Dec 31, 2014. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Mieco Chipboard Bhd Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Revenue Guidance for 2015

Mieco Chipboard Bhd announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported revenue of MYR 75,631,000 against MYR 77,825,000 a year ago. Profit from operations was MYR 17,477,000 against loss from operations of MYR 50,286,000 a year ago. Profit before taxation was MYR 15,372,000 against loss before taxation of MYR 52,655,000 a year ago. Net profit attributable to owners of the company was MYR 14,841,000 against loss of MYR 49,224,000 a year ago. Basic profit per share was 7.07 sen against LPS of 23.44 sen a year ago. The group's plant operations were affected by the huge flood in December. As a result, the group reported a lower sale volume which was partially mitigated by better selling prices and more favourable sales mix. For the year, the company reported revenue of MYR 321,889,000 against MYR 294,713,000 a year ago. Profit from operations was MYR 28,343,000 against loss from operations of MYR 60,429,000 a year ago. Profit before taxation was MYR 19,441,000 against loss before taxation of MYR 70,164,000 a year ago. Net profit attributable to owners of the company was MYR 18,277,000 against loss of MYR 63,625,000 a year ago. Basic profit per share was 8.70 sen against LPS of 30.30 sen a year ago. Net cash flows from operating activities was MYR 23,555,000 against MYR 26,204,000 a year ago. Purchases of property, plant and equipment was MYR 2,178,000 against MYR 4,554,000 a year ago. The group expects to grow revenue in 2015 with increased selling prices and greater focus on value added products.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
MIEC:MK 0.79 MYR +0.05

MIEC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for MIEC.
View Industry Companies

Industry Analysis


Industry Average

Valuation MIEC Industry Range
Price/Earnings 6.0x
Price/Sales 0.4x
Price/Book 0.5x
Price/Cash Flow 3.7x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MIECO CHIPBOARD BERHAD, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at