Patrick Chew Hwa Kwang

Management & Corporate Governance

Facing insolvency with no rescuer in sight, Midas says likely to be liquidated

SINGAPORE (Apr 1): Midas Holdings, which entered into judicial management and is the target of a police probe after the discovery of financial irregularities in early 2018, warned shareholders the group will likely be liquidated when ordered to by the cou

Management & Corporate Governance

CAD launches investigations into Midas

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

Management & Corporate Governance

Midas audit committee lodges report with CAD over China ops; SGX RegCo looking into matter

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

Management & Corporate Governance

Midas says Jilin subsidiaries shrugged off instructions to remit funds

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