Sinopipe unit secures 30m yuan contract for Chongqing Airport rain drainage system
SINOPIPE Holdings' subsidiary, Aton Plastics (Chongqing), has secured a contract worth 30 million yuan (S$6.35 million) related to Chongqing Jiangbei International Airport's rain drainage system.
Aton was alerted on Dec 2 that it was successful in its bid for the pipe and fittings procurement tender for the construction of a rain drainage system at the East Terminal and third runway at Chongqing Airport.
The pipe and fittings are expected to be delivered in 2015.
Sinopipe said on Tuesday that the successful tender is expected to contribute positively to the financial performance of the group for the financial year ending Dec 31, 2015.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s Zeekr prices US IPO at top of range to raise US$441 million
Hin Leong founder OK Lim found guilty of 3 criminal charges
New weight-loss, diabetes drugs reach one in eight Americans
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Manulife profit beats on growth in Asia, wealth management
Sanofi inks US$1.2 billion vaccine licensing deal with Novavax