>> One key player of Midas is the Chairman, Chen wei-ping, who held 288.9million shares (about 43% of the issued capital )at the end of 2004 . Currently his current stake in the company is 131.4million shares ( or 10.7%). The CEO holds about 120 million shares (9.8%). There are no other major sharerholders. Capital Group. Penta Investment Advisorsand JP Morgan (resposnsile for Midas secondary listin in HK, IPO price HK$5.43/share) have all checked out of this stock....
The other point to note is that since its listing(2004) Midas had raised S$188.8 million gross from 3 private/share placements and HKD1,373 million gross from its secondary listing in HK....Its share capital at teh end of 31 Dec 2012 was about RMB2,212 million...