Midas Holdings

[weijian]

This is quite messy. Even the JM is not co-operating with the Mgt of the company.

STRATEGIC INVESTOR INTRODUCTION REPORT – JILIN MIDAS

The Company view the agreement between Jindou Group, Jilin Midas and the judicial manager to be invalid due to:

1) The judicial manager had continued to deal with Mr. Ma Ming Zhang (“Mr. Ma”) as the legal representative of Jilin Midas even when the Company had made the announcement to remove Mr. Ma and appoint Dr. Xu Wei Dong (“Dr. Xu”) as Jilin Midas’s legal representative on 6 April 2018. This includes honoring whatever power of attorney previously signed by Mr. Ma.

http://infopub.sgx.com/FileOpen/E-%20Str...eID=540559