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Midas falls to historic lows amid worries about its debt, earnings

Its shares closed at S$0.148 on Friday; they were at S$0.20 just a week ago

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Published Fri, Nov 24, 2017 · 09:50 PM

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CHINA train car body maker Midas Holdings plunged to all-time lows on Friday amid concerns over its debt and earnings outlook.

Its Singapore-listed shares closed at S$0.148, down S$0.006 or 3.9 per cent. Over 39 million shares changed hands, a high in volume not seen in years.

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