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February 14, 2016 10:52 AM ET

Commercial Services and Supplies

Company Overview of Midas International Holdings Limited

Company Overview

Midas International Holdings Limited, an investment holding company, engages in the manufacture and trade of printed and packaging printed products. It operates through Printing and Cemetery segments. The company prints various books, including art books, photography books, cookbooks, textbooks, and children’s books in various binding styles, such as case-bound, flexi-bound, limp-bound, perfect-bound, notch-bound, saddle-stitched, wire-o, spiral, etc. It also offers stationery items, which include stationery sets, greeting cards, hand-made cards with accessories, photo frames, albums, etc. In addition, the company is engaged in commercial printing of books, such as magazines, periodicals, an...

Alexandra House

25th Floor

18 Chater Road

Central,  

Hong Kong

Founded in 1990

1,148 Employees

Phone:

852 2407 6888

Fax:

852 2408 0611

Key Executives for Midas International Holdings Limited

Managing Director, Executive Director and Member of Corporate Governance Committee
Age: 27
Total Annual Compensation: $1.2M
Chairman and Chairman of Corporate Governance Committee
Age: 61
Total Annual Compensation: $2.0M
Financial Controller and Executive Director
Age: 44
Total Annual Compensation: $302.0K
Compensation as of Fiscal Year 2015.

Midas International Holdings Limited Key Developments

Midas International Holdings Limited Recommends Final Dividend for the Financial Year 2015

The Board of Directors of Midas International Holdings Limited is recommending a final dividend payment of 0.5 cents per share with respect to financial year 2015.

Midas International Holdings Ltd. Announces Executive Changes

The Board of Midas International Holdings Ltd. announced that Mr. Richard Hung ceased to act as the Managing Director of the company with effect from 15 December 2015, but remains to be the Chairman of the company; Ms. Candy Chuang has been appointed as the Vice Chairman of the company with effect from 15 December 2015; and Mr. Geoffrey Chuang has been appointed as the Managing Director of the company with effect from 15 December 2015. Ms. Candy Chuang, the Vice Chairman and an Executive Director, is assisting the Chairman in the overall strategic planning and direction of the business of the Group. She has 11 years of experience in general management, marketing and property business. She is also a member of the corporate governance committee of the Company. She is an executive director of CCIL and the chairman of Treasure Auctioneer International Limited. Mr. Geoffrey Chuang, the Managing Director, is responsible for the overall day-to-day business operations of the Group. He is also a member of the corporate governance committee of the Company. He has 6 years of experience in financial and general management. He joined the Group in 2011 and is a director of various subsidiaries of the Company being responsible for the overall management of these subsidiaries.

Midas International Holdings Limited Reports Consolidated Unaudited Earnings Results for the Six Months Ended September 30, 2015

Midas International Holdings Limited reported consolidated unaudited earnings results for the six months ended September 30, 2015. For the quarter, the company reported revenues of HKD 151,964,000 against HKD 161,222,000 a year ago. Operating profit was HKD 95,249,000 against HKD 6,866,000 a year ago. Profit before taxation was HKD 93,579,000 against HKD 12,873,000 a year ago. Profit for the period attributable to equity holders of the company was HKD 94,644,000 or 2.9 cents per basic and diluted share against HKD 10,746,000 or 0.4 cents per basic and diluted share a year ago. Revenues decreased 5.7% compared to that of the last period mainly due to a decrease in the sales of printed product.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 21, 2015
Dongguan Midas Printing Company Limited
 

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