If it is the same Patrick Chew who is the founding director of Midas Holdings, given the nature of Midas Holdings business then there may be more to his shareholding than a mere passive investment. This little snippet from the Midas website is of interest
"In 2006, we invested in a 32.5% equity stake in Nanjing SR Puzhen Rail Transport Co., Ltd which is one of only four rolling stock companies licensed to undertake metro projects in the PRC on a nationwide basis."
Wonder if there may be a future possiblity for Nanjing to become a TZL customer.
TZL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
