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Friday, February 9, 2018

Midas assets are frozen in China.

https://www.theedgesingapore.com/midas-ceo-says-shares-and-money-china-subsidiaries-and-associates-frozen-courts?utm_source=Singapore+Market+Report&utm_campaign=4cce0ed852-EMAIL_CAMPAIGN_2018_02_08&utm_medium=email&utm_term=0_46b7beec93-4cce0ed852-90900869

Things are not looking good for Midas as its assets are frozen in China.

Midas is definitely not innocent and this is something that investors have to bear for investing in mid-size China firms.  Many China listed companies got into troubles already insofar.

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