Corporate digest
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Midas Holdings
A SUBSIDIARY of Midas Holdings, Jilin Midas Aluminium Industries Co, has won four contracts worth 72.5 million yuan (S$16.1 million) to supply aluminium alloy extrusion for metro trains in China, and airport rail trains in Malaysia. All four contracts are awarded by Changchun Railway Vehicles Co and are slated for delivery this year and in 2016. They are expected to contribute positively to its performance for the 2015 and 2016 financial years, the firm said.
New Silkroutes Group
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