Midas Holdings

SINGAPORE (Apr 11): A day after the Commercial Affairs Department launched its investigations into Midas Holdings, the aluminium parts supplier has uncovered one more unauthorised loan.

SINGAPORE (Apr 10): The Commercial Affairs Department (CAD) has begun its investigations into Midas Holdings.

SINGAPORE (Apr 6): Midas Holdings has promised to hold a dialogue with minority shareholders by end April, even as the board tries to ascertain the cash balance and other legal entanglements of its subsidiaries in China.

SINGAPORE (Apr 5): Midas Holdings’ three remaining board of directors have stepped up to take charge of the problem-plagued company.

SINGAPORE (Apr 2): Singapore Exchange Regulation (SGX RegCo) on Monday issued Midas Holdings with a notice of compliance, stripping executive chairman Chen Wei Ping (photo) and Ma Ming Zhang, legal representative of Luoyang Midas, from their offices as di

SINGAPORE (Mar 29): Midas Holdings has lodged a police report with the Commercial Affairs Department of the Singapore Police Force.

SINGAPORE (Mar 29): More trouble is brewing at Midas Holdings, the manufacturer of aluminium parts.

SINGAPORE (Mar 27): The audit committee at Midas Holdings has uncovered yet another lawsuit in China against subsidiary Dalian Huicheng Aluminium (DLHC).

SINGAPORE (Mar 22): The corporate governance mess at Midas Holdings has claimed its first casualty, right at the very top rung of management.

SINGAPORE (Feb 9): DBS Group Research has pulled the plug on coverage of Midas Holdings, after the company announced late Thursday night that certain sums of money and shares in its China subsidiaries and associates have been frozen by Chinese courts.