Mieco Berhad
MMYX:MIECO0.66
MYR
0.00
(0.00%)
ISIN
MYL5001OO002
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
1.55
81.12
5Y
39.36
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Ah Chai Ng
- Full Time Employees
- 305
- Sector
- Non-energy minerals
- Industry
- Forest products
- Address
- Cheras Malaysia
- IPO Date
- May 26, 1998
- Website
- mieco.com.my
- Similar Companies
- Business
- Mieco Berhad is a Malaysia-based investment holding company primarily engaged in the manufacturing, processing, and distribution of particleboards, decorative panel products, and value-added wood-based solutions. Founded in 1972 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates across two principal business divisions: Wood-Based Products and Construction and Property Development. Within its core wood-based operations, the company manufactures and markets a comprehensive portfolio of engineered wood products, including plain particleboards (standard, industrial, and furniture grade); moisture-resistant chipboard; fire-retardant particleboard; melamine-faced chipboard (MFC) and decorative laminated panels marketed under brand names such as MIECOLAM and MIECOMINE; direct postformed worktops and countertops under the MIECOTOP brand; impregnated decorative papers; cut-to-size panels; and customized edge-banded furniture components. The company's products are supplied to ready-to-assemble (RTA) furniture manufacturers, commercial interior fit-out contractors, kitchen cabinet makers, and building construction firms. Mieco Berhad operates modern manufacturing facilities equipped with continuous press lines in the state of Pahang, Malaysia, including manufacturing plants in Gebeng, Semambu, and Kuala Lipis. Its manufacturing operations adhere to international environmental and low-formaldehyde emission standards, holding certifications including CARB Phase 2, EPA TSCA Title VI, JIS F-Four-Star, E0, and ISO 9001. Geographically, the company distributes its products domestically across Malaysia and exports to international markets throughout the Asia-Pacific region, South Asia, and the Middle East, including China, Japan, South Korea, Vietnam, Taiwan, and India. In recent operational and strategic developments, Mieco Berhad has executed strategic diversifications to broaden its revenue base, establishing and expanding its presence in building construction, civil engineering, and property development through the execution of commercial and residential infrastructure contracts. Operationally, the group has implemented line modernizations, automation upgrades, and sustainable biomass energy integration across its manufacturing facilities to improve energy efficiency, optimize raw material recovery, and scale the production capacity of high-margin, value-added melamine laminated panels and environmentally certified low-emission composite boards. Additionally, the company has undertaken corporate and capital management initiatives to optimize working capital, reinforce supply chain resilience against raw material price volatility, and support downstream product innovation.