Midas Holdings

SINGAPORE (Nov 14): Midas Holdings, the dual-listed manufacturer of aluminium alloy extruded products for the passenger rail transportation sector in China, reported a 62.5% increase in 3Q16 net profit to RM22.6 million ($4.7 million) from RM13.9 million

SINGAPORE (Aug 24): Midas Holdings says its subsidiary, Jilin Midas Aluminium Industries Co., has won two supply contracts worth RMB53.8 million ($11 million) from customers in China.

SINGAPORE (July 12): Midas Holdings is doing everything to shed its disastrous failures in 2011.

SINGAPORE (July 4): Midas Holdings, the aluminium alloy manufacturer, on Monday announced that its Chief Financial Officer, Chan Chee Kin, has resigned.

SINGAPORE (June 23): Midas Holdings' 32.5% JV company, CRRC Nanjing Puzhen Rail Transport Co., has won four metro and tramway contracts totalling RMB3.3 billion ($671 million) in China.

SINGAPORE (May 13): Midas Holdings, the manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector, posted 1Q16 earnings of RMB10 million ($2.1 million), down 8.6% from RMB 10.9 million in 1Q15 a year ago.