Mieco’s plant in Kuala Lipis. For the second quarter to June 30, 2016, Mieco posted a net profit of RM816,000 from RM6.74mil previously. Revenue dropped 18.38 to RM79.3mil.
PETALING JAYA: Mieco Chipboard Bhd
has received an unconditional mandatory takeover offer from SYF Resources Bhd executive chairman and chief executive officer Datuk Seri Ng Ah Chai.
Ng has offered to acquire all the remaining shares of Mieco not already held by him for a cash offer price of 90 sen each.
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