 In December 2018, it was reported that Freddie Wong had offered to buy 57.44 million shares of Midland Holdings from qualified shareholders at a market premium of 28% over recent closing price, making the effective offer price at HKD 2.00 per share.This could increase his and his connected parties' shareholding of the company from 27% to 35%.In the 2014 June annual general meeting of the company, the management team was questioned by the company's second largest shareholder, Apex Benchmark on over payment of remuneration to directors of the company.