Quoteworthy: "As a base from which to run a business it’s very, very poor today" — James Riley, CEO of hotel chain Mandarin Oriental, lamenting Hong Kong’s strict travel restrictions. GST hike needed to ‘build a better Singapore for tomorrow’: Lawrence Wong The impending hike in Singapore...

Mainboard-listed Midas Holdings' former chief executive has been charged with an offence under the Companies Act (CA), for allegedly failing to use reasonable diligence in the discharge of his duties as a director of Midas.

Patrick Chew Hwa Kang, former CEO of Midas Holdings, has been charged on Feb 10 under the Companies Act for “failing to use reasonable diligence in the discharge of his duties as a director of Midas.” If convicted, Chew faces a jail term of up to 12 months or a fine of up to $5,000. Midas Hold...

SINGAPORE: The former CEO of railway parts maker Midas Holdings was charged on Thursday (Feb 10) for allegedly failing to use reasonable diligence in the discharge of his duties as a director. Patrick Chew Hwa Kwang is said to have failed to exercise reasonable supervision over the financial affa...

Raffles Education has, on Oct 24, issued a response to yet another letter sent by Singapore tycoon Oei Hong Leong. Further to his letter dated Oct 16, Oei sent another letter on Oct 22 naming the members of Chew Hua Seng’s family who were hired “at high salaries”. See: Raffles Education direct...

MIDAS Holdings' court hearing date for a winding up application has been scheduled for May 24, 2019. The company does not intend to contest the application.

MIDAS Holdings' court hearing date for a winding-up application has been scheduled for May 24.

TROUBLED aluminium train components supplier Midas Holdings on Friday said that after receiving the statutory demand, executive director Xu Wei Dong has filed an application to wind up the company.

TROUBLED aluminium train components supplier Midas Holdings on Friday said that after receiving the statutory demand, executive director Xu Wei Dong has filed an application to wind up the company.

Submitted By:  Danielle Isaac Case Study:  No Midas said it is insolvent, its assets are not enough to cover its reported liabilities and prospects of rescue appear...

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 court. This is because Midas is facing insolven...

SINGAPORE (April 2): Singapore’s authorities say they will continue their investigation into Midas Holdings’ former directors and officers in the event that the insolvent company winds up. This comes amid a year-long investigation into Midas Holdings as the company’s former directors and offi...

SINGAPORE (April 2): Singapore’s authorities say they will continue their investigation into Midas Holdings’ former directors and officers in the event that the insolvent company winds up. This comes amid a year-long investigation into Midas Holdings as the company’s former directors and offi...

FORMER stock market darling Midas Holdings is on the verge of liquidation after it failed to get a rescue deal from Hong Kong-listed CRRC Corp.

PENDING moves to wind up troubled aluminium train components supplier Midas Holdings will not stop the investigations of possible wrongdoings at the company, the authorities said in a statement on Monday.