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52 Week Range
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  • SGX RegCo calls Midas Holdings' executives to resign
    Singapore Business Review8 months ago

    SGX RegCo calls Midas Holdings' executives to resign

    It found that executive officers made guarantees for the company’s illegal bonds and hid related lawsuits. The Singapore Exchange Regulation (SGX RegCo) called to axe the appointment of aluminium alloy manufacturer Midas Holdings' executive chairman Chen Wei Ping and executive officer Ma Ming Zhang over undisclosed lawsuits and illegal bonds and guarantees. According to an announcement, SGX RegCo has "concerns about the suitability" of the two continue in their positions.

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