Midas: Clinches Most Transparent Company Award From SIAS For Fifth Year Running.

3 Oct 2016 - ShareInvestor Express
Midas Holdings Limited has been conferred the "Most Transparent Company Award" at the Singapore Investors Association (Singapore) 17th Investors' Choice Awards under the 'Materials' Category. This marks the fifth year in a row that Midas has been placed at the top in corporate governance under the SIAS ...
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Midas Holdings JV kickstarts 2016 with RMB1.28b contract win

5 Jan 2016 - Singapore Business Review
Delivery is scheduled between 2016 and 2017. Midas Holdings’ joint venture company Nanjing SR Puzhen Rail Transport (NPRT) kickstarted 2016 with a RMB1.28b metro train contract. According to a media release by Midas, the contract was awarded by Guiyang Urban Rail Transit. Delivery is scheduled between ...
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Scotts Group exits Fintrax; Midas acquires Dalian Huicheng

2 Dec 2015 - DealStreetAsia
Singapore-based Scotts Group, which acts as a family office for the Jumabhoy family business, has exited Fintrax with the sale of its 10 per cent equity interest in the firm. Meanwhile, Singapore-listed Midas Holdings is expanding with its acquisition of aluminium manufacturer Dalian Huicheng.. The Scotts ...
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These debt-ridden firms will be in big trouble if interest rates spike

17 Sep 2015 - Singapore Business Review
Commodity traders are at risk. Highly-geared commodity trading houses like Noble Group and Olam will be among the most vulnerable companies if interest rates suddenly spike. Maybank Kim Eng used a worst-case scenario of a 10% cut in revenue, 10% FX depreciation and 100bp hike in interest rates. The report ...
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These highly-indebted corporates will be at risk once interest rates rise

23 Jun 2015 - Singapore Business Review
They have high gearing and low interest rate cover. Higher Singapore interest rates could spell trouble for locally-listed corporates with high gearing. RHB Research released a list of 24 firms which have gearing greater than 120% and an interest cover below 2x. The ten firms with the highest gearing ...
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Is This Cheap Looking Share A Legitimate Bargain?

20 May 2015 - The Motley Fool Singapore
Midas Holdings Ltd (SGX: 5EN) might be a company that would attract the attention of bargain hunters at the moment. At its current price of S$0.38, the share’s valued at just 0.7 times its latest book value. In comparison, the SPDR STI ETF (SGX: ES3), an exchange-traded fund which closely mimics the ...
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Singapore’s Big Winner for the Week: Midas Holdings Ltd

8 Mar 2015 - The Motley Fool Singapore
Midas Holdings Ltd (SGX: 5EN) surged by some 5% since last Friday to close at S$0.325 for the week. Meanwhile, the Straits Times Index (SGX: ^STI) had gained just 0.4% during the same timeframe; this makes Midas one of Singapore’s big winners for the week. The company prides itself as being the “leading ...
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3 Shares That Beat the Market Today

5 Jun 2014 - The Motley Fool Singapore
The Straits Times Index (SGX: ^STI) has remained essentially flat after closing at 3,280 points today. Within its 30 constituents, 13 shares had made losses while 15 others had made gains. Although the blue chips had nothing much to cheer about as a collective, there were shares outside the index that ...
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Best of the Fool: Top 3 Stories of the Week

8 Mar 2014 - The Motley Fool Singapore
Here are three of the most popular articles at The Motley Fool Singapore this week: 1. A Midas-Touch from Midas Holdings in 2013 Midas Holdings (SGX: 5EN), an important supplier of aluminium parts for the rail transport sector, had recently released its full-year results. Both its top- and bottom-lines ...
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