Goh Miah Kiat, widely known as MK, is a Malaysian businessman and the Chief Executive Officer of Karex Berhad, the world’s largest manufacturer of condoms by production capacity. Born into the fourth generation of a Chinese Malaysian family that has been in the rubber and latex industry for over a century. In April 2026, his name entered global headlines when he announced that Karex would raise condom prices by 20 to 30 percent due to supply chain disruptions caused by the Iran war.
Goh Kiat Profile
| Name | MK |
| Real Name | Goh Miah Kiat |
| Date of Birth | 1978 |
| Age | 48 years |
| Nationality | Malaysian |
| Occupation | Businessman and Chief Executive Officer |
| Religion | N/A |
| Marital Status | Married |
| Net Worth | $8 Million |
| Copied from | contents101.com |
Educational Background
Goh Miah Kiat graduated with a Bachelor’s degree in Economics and Management from the University of Sydney, Australia, in 1999.
Career
MK joined Karex immediately after graduating in 1999, overseeing marketing, logistics, and international business development. By 2011, Karex had become the world’s largest condom manufacturer by capacity, crossing three billion units annually. He was formally appointed CEO on July 29, 2013, when the company listed on the Main Market of Bursa Malaysia, and became Executive Director of the board in February 2020.
Today, Karex operates factories in Port Klang, Senai, Pontian, and Thailand, with a combined capacity exceeding five billion units per year. The company supplies major global brands including Durex and Trojan, as well as the UK’s NHS and UN aid programmes. It also owns consumer brands, ONE Condoms, Carex, Trustex, and Pasante. Beyond condoms, MK has diversified into medical devices such as catheters and probe covers. In 2016, he won the Ernst and Young Entrepreneur of the Year award in Malaysia. In 2024, he was appointed an Independent Trustee of the Malaysian AIDS Foundation.
Controversies
In April 2026, MK triggered widespread global debate when he announced that Karex would raise condom prices by 20 to 30 percent, citing the Iran war’s disruption of supply chains through the Strait of Hormuz. The war, which began in February 2026, had caused a 25 to 30 percent spike in the cost of key raw materials, synthetic rubber, nitrile, silicone lubricants, and aluminium foil, while doubling shipping times to Europe and the United States to nearly two months. He told Reuters that the company had no choice but to pass costs on to customers.
The announcement drew sharp criticism from global health organisations, who warned that price hikes on condoms could worsen HIV infection rates and derail family planning efforts in developing countries, particularly since global stockpiles were already depleted following the earlier dismantling of USAID’s contraceptive aid programmes.
Some observers also pointed to the timing and manner of the announcement, via media interviews rather than formal regulatory disclosures, as raising questions about how the company manages investor and public communications during crises. Karex’s subsidiary in Massachusetts, Global Protection Corp., separately warned that if the Strait of Hormuz remained closed, the world could face outright condom shortages beyond just price increases.
Goh Miah Kiat Social Media Handle
https://my.linkedin.com/in/mk-goh
Personal Life
The Karex story begins with MK’s great-grandfather, who emigrated from China and settled in Muar, Johor, Malaysia in the 1920s, starting with a small rubber sundry shop. His grandfather, Goh Huang Chiat, built a rubber processing factory where MK literally grew up, he has recalled that as a child, everything around him smelled of rubber.
In 1988, his father and uncle made the bold decision to pivot from rubber processing to condom manufacturing, building the company’s first machines from scratch. MK grew up watching that transformation unfold. He is known for his understated personality. He is based in Malaysia and manages the business alongside members of the broader Goh family, who collectively hold a majority 57.6 percent stake in Karex Berhad.
Goh
Goh Miah Kiat Net Worth
Goh Miah Kiat’s net worth is estimated to be around $8 million.