Midas Holdings

SINGAPORE (Feb 9): Midas Holdings, the supplier of aluminium parts to the rail sector, has uncovered several litigations, enforcement orders and court documents involving its various subsidiaries and associate companies based in China.

SINGAPORE (Jan 3): Midas Holdings has announced that three metro train supply contracts totalling to RMB2.68 billion ($547.7 million) were awarded to its joint venture (JV) unit, CRRC Nanjing Puzhen Rail Transport (NPRT), in which the group has a 32.5% eq

SINGAPORE (Nov 24): Here are some charts for our technical analysis this week:

SINGAPORE (Nov 23): Shares of Midas Holdings continued to tumble on Thursday, falling 11.8% to 15.7 cents as at 4.21pm. Since closing at 21.5 cents on Nov 13, the stock has shed over a quarter of its market value.

SINGAPORE (Nov 13): Midas Holdings reports earnings of RMB 24.1 million ($4.9 million) in the 3Q ended September, up 6.6% from RMB 22.6 million a year ago.

SINGAPORE (Oct 11): Midas Holdings' 32.5%-owned JV company in China, CRRC Nanjing Puzhen Rail Transport (NPRT), has won three metro train car supply contracts amounting to RMB2.37 billion ($490 million) in total. 

SINGAPORE (Aug 25): Gary Loh, executive chairman of SunMoon Food Co, has spent the better part of the last decade restructuring what started as an apple-growing company. He sold off assets, cut down debt and cleaned up the balance sheet so that the compan

SINGAPORE (Aug 16): DBS Vickers Securities is maintaining its “buy” recommendation on Midas Holdings, the manufacturer of aluminium alloy extrusion products for railways in China, with an unchanged target price of 36 cents.

SINGAPORE (Aug 14): Midas Holdings, the manufacturer of aluminum alloy extrusion products for the railways in China, reported a near trebling of 2Q earnings to RMB55.5 million ($11.3 million) from RMB18.7 million a year ago.

SINGAPORE (April 10): Midas Holdings announced that its joint venture company, CRRC Nanjing Puzhen Rail Transport Co. (NPRT) has won a metro train car supply contract worth RMB543 million ($110.6 million) in China.