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6721-6740 of 10484
Good luck! Breakout to new high soon.
NEWS RELEASE
MIDAS’ JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT WINS
RMB474 MILLION SUZHOU METRO CONTRACT
- To supply 25 metro train sets (or 100 Type B metro train cars) for Suzhou
Metro Line 1 Project
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1444E55413D686E348257700003A97F0/$file/NewsRelease-NPRTSuzhou12Apr10.pdf?openelement
MIDAS HOLDINGS LIMITED
(Company Registration No. 200009758W)
PROPOSED SECONDARY LISTING ON THE MAIN BOARD OF THE STOCK EXCHANGE
OF HONG KONG LIMITED
- DESPATCH OF CIRCULAR
Not for release, distribution or publication, into or in, directly or indirectly, the United
States, Australia, Canada or Japan
Where capitalised terms are used in this announcement and not otherwise defined, such capitalised
terms shall bear the same meanings as ascribed to them in the announcements made by Midas
Holdings Limited (the “Company”) on 3 March 2010, 15 March 2010 and 22 March 2010
Further to announcements issued by the Company on 3 March 2010, 15 March 2010 and 22
March 2010, the Board of Directors of the Company is pleased to announce that the
Company has today despatched to Shareholders a circular dated 7 April 2010 ("Circular")
which contains, inter alia, a notice for convening an extraordinary general meeting ("EGM") on
Friday, 30 April 2010, at 11.30 a.m. at Amber Room, Level 2, Sheraton Towers Singapore,
Thirty-Nine Scotts Road, Singapore 228230 for the purposes of seeking Shareholders'
approval on the following:
1. The proposed issue and global offering (the "Global Offering") of up to 300,000,000
new ordinary shares in the capital of the company (the "Offer Shares") by the
Company, and up to 40,000,000 new ordinary shares in the capital of the Company
(the "Additional Shares", together with the Offer Shares, the "New Shares") in the
event of the exercise of the Over-allotment Option, at an offer price of not more than
10% discount to the SGX-ST Market Price, to be carried out in conjunction with the
proposed secondary listing of the Company's shares on the Stock Exchange of Hong
Kong Limited (the "Proposed HK Listing");
2. The proposed adoption of the new articles of association (the "New Articles") by the
Company; and
3. The proposed adoption by the Company of the Chinese name "麦达斯控股有限公司"
as its secondary name.
The SGX-ST’s in-principle approval is not to be taken as an indication of the merits of the
Global Offering, the Offer Shares, the Additional Shares, the Company and/or its subsidiaries.
The SGX-ST’s clearance of the Circular does not imply that the Companies Act (Chapter 50)
of Singapore and any amendments thereof, or any other statutory requirements have been
complied with.
The SGX-ST assumes no responsibility for the correctness of any of the statements made,
opinions expressed or reports contained in the Circular.
The Board wishes to highlight to its Shareholders that the Proposed HK Listing will
involve fairly extensive preparatory work and that such preparatory work may involve
an uncertain time frame.
In addition, as the Proposed HK Listing is subject to, among others, the approval of
SEHK and relevant authorities and the approval of the Shareholders at an
extraordinary general meeting, the Proposed HK Listing may or may not occur.
There is no assurance that approval of the SEHK and relevant authorities for the
Proposed HK Listing and the listing of, and permission to deal in, the Shares
(excluding treasury Shares) and the New Shares on the Main Board of the SEHK and
the Main Board of the SGX-ST (as the case may be) will be granted and/or the approval
of the Shareholders will be obtained. Information relating to the Global Offering and the
Proposed HK Listing in this Announcement is also subject to change.
The Company will announce any material updates when appropriate.
Shareholders and other investors are reminded to exercise caution when dealing in the
Shares. In the event that Shareholders and other investors are in doubt when dealing
in the Shares, they should consult their stockbrokers, bank managers, solicitors,
accountants or other professional advisers.
BY ORDER OF THE BOARD
Chew Hwa Kwang, Patrick
Chief Executive Officer
Date: 7 April 2010
This announcement is not an offer to sell or a solicitation of any offer to buy the
Shares in the United States, Australia, Canada, Japan or in any other jurisdiction where
such offer or sale would be unlawful.
The Shares have not been and will not be registered under the U.S. Securities Act of
1933, as amended (the "Securities Act"), or the laws of any state of the United States.
Consequently, the Shares may not be offered, sold or otherwise transferred within the
United States except pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the Securities Act and applicable state laws. No public
offering of the Shares is being or will be made in the United States.
(Company Registration No. 200009758W)
PROPOSED SECONDARY LISTING ON THE MAIN BOARD OF THE STOCK EXCHANGE
OF HONG KONG LIMITED
- DESPATCH OF CIRCULAR
Not for release, distribution or publication, into or in, directly or indirectly, the United
States, Australia, Canada or Japan
Where capitalised terms are used in this announcement and not otherwise defined, such capitalised
terms shall bear the same meanings as ascribed to them in the announcements made by Midas
Holdings Limited (the “Company”) on 3 March 2010, 15 March 2010 and 22 March 2010
Further to announcements issued by the Company on 3 March 2010, 15 March 2010 and 22
March 2010, the Board of Directors of the Company is pleased to announce that the
Company has today despatched to Shareholders a circular dated 7 April 2010 ("Circular")
which contains, inter alia, a notice for convening an extraordinary general meeting ("EGM") on
Friday, 30 April 2010, at 11.30 a.m. at Amber Room, Level 2, Sheraton Towers Singapore,
Thirty-Nine Scotts Road, Singapore 228230 for the purposes of seeking Shareholders'
approval on the following:
1. The proposed issue and global offering (the "Global Offering") of up to 300,000,000
new ordinary shares in the capital of the company (the "Offer Shares") by the
Company, and up to 40,000,000 new ordinary shares in the capital of the Company
(the "Additional Shares", together with the Offer Shares, the "New Shares") in the
event of the exercise of the Over-allotment Option, at an offer price of not more than
10% discount to the SGX-ST Market Price, to be carried out in conjunction with the
proposed secondary listing of the Company's shares on the Stock Exchange of Hong
Kong Limited (the "Proposed HK Listing");
2. The proposed adoption of the new articles of association (the "New Articles") by the
Company; and
3. The proposed adoption by the Company of the Chinese name "麦达斯控股有限公司"
as its secondary name.
The SGX-ST’s in-principle approval is not to be taken as an indication of the merits of the
Global Offering, the Offer Shares, the Additional Shares, the Company and/or its subsidiaries.
The SGX-ST’s clearance of the Circular does not imply that the Companies Act (Chapter 50)
of Singapore and any amendments thereof, or any other statutory requirements have been
complied with.
The SGX-ST assumes no responsibility for the correctness of any of the statements made,
opinions expressed or reports contained in the Circular.
The Board wishes to highlight to its Shareholders that the Proposed HK Listing will
involve fairly extensive preparatory work and that such preparatory work may involve
an uncertain time frame.
In addition, as the Proposed HK Listing is subject to, among others, the approval of
SEHK and relevant authorities and the approval of the Shareholders at an
extraordinary general meeting, the Proposed HK Listing may or may not occur.
There is no assurance that approval of the SEHK and relevant authorities for the
Proposed HK Listing and the listing of, and permission to deal in, the Shares
(excluding treasury Shares) and the New Shares on the Main Board of the SEHK and
the Main Board of the SGX-ST (as the case may be) will be granted and/or the approval
of the Shareholders will be obtained. Information relating to the Global Offering and the
Proposed HK Listing in this Announcement is also subject to change.
The Company will announce any material updates when appropriate.
Shareholders and other investors are reminded to exercise caution when dealing in the
Shares. In the event that Shareholders and other investors are in doubt when dealing
in the Shares, they should consult their stockbrokers, bank managers, solicitors,
accountants or other professional advisers.
BY ORDER OF THE BOARD
Chew Hwa Kwang, Patrick
Chief Executive Officer
Date: 7 April 2010
This announcement is not an offer to sell or a solicitation of any offer to buy the
Shares in the United States, Australia, Canada, Japan or in any other jurisdiction where
such offer or sale would be unlawful.
The Shares have not been and will not be registered under the U.S. Securities Act of
1933, as amended (the "Securities Act"), or the laws of any state of the United States.
Consequently, the Shares may not be offered, sold or otherwise transferred within the
United States except pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the Securities Act and applicable state laws. No public
offering of the Shares is being or will be made in the United States.
Waiting for the breakout
Am holding and waiting for the dual list to realise... ;)
when market is good, nobody is talking..
when market is down and stock prices went down, such remarks start coming in......is natural. no worries for those who vested =)
this is a good counter. by next week it wil go up to above 1.10 again
solar2008 ( Date: 08-Apr-2010 19:16) Posted:
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many train contracts in CHINA
good luck. Not worth this high for the time being. Guess u have to hold a bit longer
aircraft ( Date: 06-Apr-2010 16:47) Posted:
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Another China XLX flying high? TP 1.3
broke high of 1.11... looking gd!.. STI gonna hit 3,000 soon..
I think you can hold. Tp 1.25
tonylim ( Date: 06-Apr-2010 19:36) Posted:
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Hope tomorrow it opens at 1.13 to 1.15 if the US market does well
aircraft ( Date: 06-Apr-2010 19:20) Posted:
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what's the next target price?
Buyers came in strongly and in big numbers , overwhelming and eating up the sellers . Now 1.10 and tomorrow will be a great day for Midas loyalists.
solar2008 ( Date: 06-Apr-2010 16:49) Posted:
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UP UP UP UP UP UP UP! Midas !
damn.Me sold too early
aircraft ( Date: 06-Apr-2010 16:47) Posted:
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I've just loaded more and average up at $1.10
sold 8 lots at 1.09 , make my 1st ever profit in STI.. more profit is coming...
1.11 is coming !!!
alexmay ( Date: 06-Apr-2010 16:34) Posted:
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| 16:29:00 | 1.100 | 10,000 | Buy Up |
| 16:28:01 | 1.090 | 50,000 | Sell Down |
| 16:27:36 | 1.090 | 695,000 | Buy Up |
| 16:27:35 | 1.090 | 1,030,000 | Buy Up |
| 16:27:33 | 1.090 | 174,000 | Buy Up |
| 16:27:32 | 1.090 | 2,000,000 | Buy Up |
| 16:27:11 | 1.090 | 30,000 | Buy Up |
| 16:26:50 | 1.090 | 10,000 | Buy Up |
| 16:26:20 | 1.080 | 2,000 | Sell Down |
moving baby..
next level to breach is 1.11 high..
OH YEAH MIDAS touch..
ozone2002 ( Date: 05-Apr-2010 22:17) Posted:
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