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SGX:5EN - Midas (SGD 0.192) 66 Followers MIDAS HLDGS LIMITED
Sector: Producer Manufacturing, Industry: Industrial Machinery

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Liquidation of Midas Holdings' subsidiaries gets go-ahead

2 Apr 2019 - Singapore Business Review
Midas said it is insolvent, its assets are not enough to cover its reported liabilities and prospects of rescue appear dim. The subsidiaries of Singapore-listed Midas Holdings will go through liquidation after several courts approved of the move, an announcement revealed. The company’s operations were ...
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SGX RegCo calls Midas Holdings' executives to resign

3 Apr 2018 - Singapore Business Review
It found that executive officers made guarantees for the company’s illegal bonds and hid related lawsuits. The Singapore Exchange Regulation (SGX RegCo) called to axe the appointment of aluminium alloy manufacturer Midas Holdings' executive chairman Chen Wei Ping and executive officer Ma Ming Zhang over ...
sgx:5en hkex:1021 sgx:s68

Panic reigns as China railway play Midas falls to historic lows

24 Nov 2017 - Business Times Breaking News
MIDAS Holdings, which supplies aluminium parts to China's trains, continued plunging to all-time lows amid debt and earnings outlook concerns. Its shares closed on Friday at S$0.148, down S$0.006 or 3.9 per cent. Over 39 million shares changed hands, a high in volume not seen in years.

Hot stock: Midas down 9.7%, prompts SGX query

24 Nov 2017 - Business Times Breaking News
MAINBOARD-LISTED Midas Holdings has been issued a trading query from the Singapore Exchange (SGX), after its stock fell 9.74 per cent to S$0.139 during early Friday trading. As at 10.20am, some 17.7 million units had changed hands, making it one of the most active stocks on the SGX on Friday morning. ...

Midas: 3Q2017 Net Profit Rises 6.6% To RMB24.1 Million.

14 Nov 2017 - ShareInvestor Express
Revenue climbs 11.5% to RMB458.5 million due mainly to higher contributions from the Aluminium Alloy Extruded Products Division...

Midas: JV Unit NPRT Clinches 3 Metro Train Contracts Worth RMB2.37 Billion.

11 Oct 2017 - ShareInvestor Express
Midas Holdings Limited's joint venture company, CRRC Nanjing Puzhen Rail Transport Co., Ltd. has secured three metro train car supply contracts worth RMB2.37 billion in the People's Republic of China...

Midas: DBS Group Research BUY TP: S$0.36.

16 Aug 2017 - ShareInvestor Express
DBS Group Research - 2Q17 earnings rose 197% y-o-y to RMB56m, on revenue growth of 32% to RMB506m. Diversification efforts paying off as new Stretched Plates division contributed to both top and bottom lines. Midas is on track to meet our full year forecasts, earnings recovery can be sustained. Maintain ...

Midas: Wins High Speed Train Contracts Worth RMB184.4 Million.

14 Aug 2017 - ShareInvestor Express
Three contracts worth RMB184.4 million for the supply of aluminium alloy extrusion profiles and fabricated parts. Deliveries slated for 2017...

Midas: Wins International & PRC Supply Contracts Worth RMB520.9 Million In Total.

18 May 2017 - ShareInvestor Express
Three contracts worth RMB203.0 million from Europe, three contracts worth RMB99.1 million from North America, and an RMB27.6 million contract from the Middle East. Six contracts in the PRC worth RMB191.2 million. Deliveries slated progressively between 2017 and 2019...

Stocks to watch: Singtel, Midas, SingPost, Sunlight

18 May 2017 - Business Times Breaking News
THE following stocks had announcements or developments that may influence trading on Thursday: Singapore Telecommunications' net profit increased by 1.8 per cent to S$963.3 million in its fourth fiscal quarter as weakness in India dragged down better performances in other key markets.On a per-share basis, ...
sgx:5en sgx:5ai sgx:z74 sgx:s08
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