74 Followers SGX:5EN - Midas Holdings Ltd Midas
Sector: Materials, Industry: Aluminum
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Charles Huang Foundation Makes Record-Breaking US$40 Million Donation to His Alma Mater, Wuhan University

30 Nov 2021 - ACN Newswire
Charles Huang, PhD, through his philanthropic foundation---Charles Huang Foundation (CHF)---made a donation of US$40 million to Wuhan University of China at the celebration ceremony of the university's 128th anniversary, to express his appreciation to his alma mater and to promote the development of ...
sgx:5en sgx:pu6d

An industry at a crossroads - reimagining the automobile company

4 Aug 2021 - ACN Newswire
The automotive industry is at a crossroads. Traditional automakers, or original equipment manufacturers (OEMs), are in the midst of a tsunami that not all of them will survive. What will be the reason for their demise? Besides the transition from internal combustion engine (ICE) car to electric vehicle ...
sgx:5en

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 ...
sgx:5en hkex:1021

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.
sgx:5en

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. ...
sgx:5en

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...
sgx:5en

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...
sgx:5en

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 ...
sgx:5en

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