Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Singapore Registration No.: 200009758W) (Incorporated in Singapore with limited liability)

(Hong Kong Stock Code: 1021) (Singapore Stock Code: 5EN)

OVERSEAS REGULATORY ANNOUNCEMENT

INSIDE INFORMATION

This announcement is issued pursuant to Part XIVA of the Securities and Futures Ordinance and Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached announcement on the next page which has been published by Midas Holdings Limited (the "Company") on the website of the Singapore Exchange Securities Trading Limited on 23 May 2018.

On behalf of the

Midas Holdings Limited

Tong Din Eu Executive Director

Hong Kong, 23 May 2018

As at the date of this announcement, the executive directors of the Company are Mr. Tong Din Eu and Dr. Xu Wei Dong; and the independent non-executive director of the Company is Mr. Chan Soo Sen.

MIDAS HOLDINGS LIMITED

(Company Registration No.: 200009758W)

__________________________________________________________________________________

LAWYER'S LETTER TO FORMER CEO OF THE COMPANY, MR. CHEW HWA KWANG, PATRICK __________________________________________________________________________________

Reference is made to the announcement of Midas Holdings Limited (the "Company", and together with its subsidiaries, the "Group") dated 11 May 2018 (the "Announcement"). The board of directors has appointed Legal Options LLC (the "Lawyer") to act for the Company. The Lawyer's letter (the "Letter") is attached on the next page of this announcement. Should discrepancies arises, the English version of the Letter will prevail.

BY ORDER OF THE BOARD

Midas Holdings Limited

Tong Din Eu Executive Director

Date: 23 May 2018

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Midas Holdings Limited published this content on 23 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 May 2018 10:47:03 UTC