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Singapore : Midas secures 2 contracts worth US$10 mln
Publish Date : 22-May-2012
Midas Holdings Limited, a manufacturer of aluminium alloy extrusion products for passenger rail transportation, announced on Monday that it has secured two metro contacts worth a combined 62.2 million yuan (US$9.79 million) in the PRC.
The first contract, worth 33.7 million yuan, is awarded by CSR Zhuzhou Electric Locomotive.
The second contract, worth 28.5 million yuan, is awarded by the Group\'s joint-venture company, Nanjing SR Puzhen Rail Transport.
The delivery for both orders are expected to take place from 2012 to 2013.
