MIECO

0.650

(%)

OTHERS MIECO CHIPBOARD BERHAD ("MIECO" or the "Company") - Fire Incident Update

MIECO CHIPBOARD BERHAD

Type Announcement
Subject OTHERS
Description
MIECO CHIPBOARD BERHAD ("MIECO" or the "Company") - Fire Incident Update

Reference is made to the Company's announcements on 2 July 2019, 22 July 2019, and 1 November 2019 pertaining to the fire incident occurred at one of its chipboard manufacturing plant in Kuala Lipis, Pahang.

 

The Board of Directors of the Company wishes to inform that the insurer, Allianz General Insurance Company (Malaysia) Berhad had made a payment of RM1,000,000.00 on 24 February 2020 to MIECO’s wholly-owned subsidiary, Mieco Manufacturing Sdn. Bhd. (“MMSB”), being the full and final settlement of the claim for Business Interruption. 

 

This announcement is dated 24 February 2020.






Announcement Info

Company Name MIECO CHIPBOARD BERHAD
Stock Name MIECO
Date Announced 24 Feb 2020
Category General Announcement for PLC
Reference Number GA1-15012020-00062