MIECO CHIPBOARD BHD
(Bursa: 5001)

Mieco Chipboard Berhad ('MIECO'), a manufacturing division of the Bandar Raya Developments Berhad Group of Companies, was incorporated in 1972. The Company was listed on the Main Board of Bursa Malaysia Securities Berhad in 1998. MIECO commissioned its first production line in 1976, making it the pioneer in particleboard manufacturing in Malaysia using rubber wood or now known as tropical oak wood. MIECO has two factories with a total capacity of approximately 300,000 cubic meters per annum that are located in Semambu and Gebeng in Kuantan, Pahang. With the capacity now running at full utilisation, MIECO embarked on an expansion phase in 2004 to install the single largest state-of-the-art particleboard line in the Asia-Pacific region, which will triple the capacity of the current lines. The new plant in Kechau Tui near Kuala Lipis, Pahang has a built-in capacity of 2,000 cubic meters per day. It has commenced commercial production on 1 March 2005. MIECO's particleboards, or sometimes known as chipboards, conform to international quality standards such as the European Community's BS EN 312 standard, applicable for both moisture-resistant and non-moisture resistant boards with E1 and E2 formaldehyde emission levels. Under MIECO's Corporate Mission from being a plain chipboard producer in 1976, MIECO developed and expanded into value added products such as MIECO Decorative MFC, EBFC (electron beam foil chipboard) and PFC (polymer faced chipboard) products, MIECO Worktop, MIECO DPF Board, MIECO Laminate Flooring, to value added services and DIY furniture series under the MIECO Livin Style brand name.

0.650 s

+0.005 (+0.78%)
Range 0.600 - 0.650   (8.33%)
Open 0.610
Previous Close 0.645
Bid Price 0.645
Bid Volume ('00) 500
Ask Price 0.650
Ask Volume ('00) 910
Volume ('00) 1,184
Value 76,321
Remark s
Delayed prices. Updated at 23 Apr 2024 17:31.
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