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Midas
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yipyip
Master |
12-Apr-2010 07:11
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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 |
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sarsar
Senior |
09-Apr-2010 14:55
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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. |
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hanwudi
Member |
08-Apr-2010 20:59
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Waiting for the breakout |
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sarsar
Senior |
08-Apr-2010 20:53
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Am holding and waiting for the dual list to realise... ;) | ||||||||||||||||||||||||||||||||||||||
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kingong
Senior |
08-Apr-2010 19:48
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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
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pharoah88
Supreme |
08-Apr-2010 19:32
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many train contracts in CHINA | ||||||||||||||||||||||||||||||||||||||
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solar2008
Senior |
08-Apr-2010 19:16
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good luck. Not worth this high for the time being. Guess u have to hold a bit longer
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cysnotts
Member |
07-Apr-2010 19:01
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Another China XLX flying high? TP 1.3 | ||||||||||||||||||||||||||||||||||||||
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ozone2002
Supreme |
07-Apr-2010 09:17
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broke high of 1.11... looking gd!.. STI gonna hit 3,000 soon.. | ||||||||||||||||||||||||||||||||||||||
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express2100
Member |
06-Apr-2010 21:34
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I think you can hold. Tp 1.25
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tonylim
Master |
06-Apr-2010 19:36
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Hope tomorrow it opens at 1.13 to 1.15 if the US market does well
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aircraft
Veteran |
06-Apr-2010 19:20
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what's the next target price? | ||||||||||||||||||||||||||||||||||||||
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tonylim
Master |
06-Apr-2010 17:07
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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.
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yipyip
Master |
06-Apr-2010 16:53
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UP UP UP UP UP UP UP! Midas ! |
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solar2008
Senior |
06-Apr-2010 16:49
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damn.Me sold too early
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aircraft
Veteran |
06-Apr-2010 16:47
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I've just loaded more and average up at $1.10 | ||||||||||||||||||||||||||||||||||||||
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krypton_79
Member |
06-Apr-2010 16:45
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sold 8 lots at 1.09 , make my 1st ever profit in STI.. more profit is coming... | ||||||||||||||||||||||||||||||||||||||
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tonylim
Master |
06-Apr-2010 16:37
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1.11 is coming !!!
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alexmay
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06-Apr-2010 16:34
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ozone2002
Supreme |
06-Apr-2010 16:33
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moving baby.. next level to breach is 1.11 high.. OH YEAH MIDAS touch..
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