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Midas Holdings Limited (5EN.SI)

0.33 Down 0.01(1.49%) 5:04AM EDT
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Midas Holdings Limited
4 Shenton Way
No. 18-03 SGX Centre 2
Singapore, 068807
Singapore - Map
Phone: 65 6438 3052
Fax: 65 6438 3053

Index Membership:N/A
Sector:Basic Materials
Full Time Employees:1,754

Business Summary 

Midas Holdings Limited, an investment holding company, manufactures and sells aluminum alloy extrusion products for the rail transportation sector in the People’s Republic of China. It operates through three divisions: Aluminum Alloy Extruded Products, Polyethylene Pipe, and Aluminum Alloy Plates and Sheets. The company produces aluminum alloy profiles that are used in the manufacture of train car body frames for use by high-speed trains, metro trains, and freight wagons; aluminum alloy tubings for use in power stations for power transmission applications, electrical energy distribution, and transmission cables; and aluminum alloy rods and other specialized profiles to produce mechanical parts for industrial machinery. It also manufactures polyethylene pipes for use in gas piping and water distribution networks; and parts required in a piping network, such as pipes, joints, and fittings. In addition, the company focuses on manufacturing aluminum alloy plates, sheets, strips, and foils for transportation related industries, including aviation, railway, automobile, and ship-building. Midas Holdings Limited was founded in 2000 and is based in Singapore.

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Key Executives 
Mr. Wei Ping Chen , 53
Exec. Chairman and Head of Overall Strategy & Direction
Mr. Hwa Kwang Chew , 52
Founder, Chief Exec. Officer, Exec. Director and Gen. Mang. of Midas Beijing (Trading) Co Ltd
Mr. Chee Kin Chan , 39
Chief Financial Officer and VP
Mr. Jiaxin Wang , 58
Deputy Chief Exec. Officer
Ms. Cheng Siew Tan ACIS,
Joint Company Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in SGD.