SGX RegCo says taking 'every step possible within its powers' to assist in Midas investigations

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SINGAPORE (May 25): Singapore Exchange Regulation (SGX RegCo) has issued an update on ongoing investigations into Midas Holdings, saying it has been communicating with Singapore’s Chinese Embassy on the matter and will also extend its full cooperation to relevant authorities of the case.

“SGX RegCo has been in engagement with the Chinese Embassy in Singapore in relation to communications with the relevant authorities in China on developments at Midas Holdings,” the regulator said in a Friday premarket filing to SGX.

“Relevant authorities in China, Hong Kong and Singapore are already investigating the case and SGX RegCo understands this process will require due deliberation and time. We are taking every step possible within our powers, and will...(click on link for full story on theedgesingapore.com)