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Midas hit by two letters of demand totalling S$27m
Published Tue, Apr 24, 2018 · 09:50 PM
Singapore
BELEAGURED railway parts maker Midas Holdings has received two letters of demand in March and April this year totalling over S$27 million, it said on Tuesday.
The first letter, dated March 9, refers to a finance lease agreement entered into on July 22, 2016, by Midas, lessee Luoyang Midas Aluminium Co, lessor Fenghui Leasing Co, Jilin Midas Aluminium Industries …
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