Midas Holdings unit clinches contracts worth 151.7m yuan
Singapore
MAINBOARD-listed Midas Holdings' subsidiary Jilin Midas Aluminium Industries has secured contracts worth 151.7 million yuan (S$32 million) for the supply of high-speed train car body components.
The new contracts will see Jilin Midas supply aluminium alloy extrusion profiles and certain fabricated parts for high-speed trains. Slated for delivery in 2014 and 2015, these contracts are expected to contribute positively to Midas's financial performance for the financial years …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Tesla cuts US prices by US$2,000 as sales slow, inventories swell
Volkswagen workers vote decisively to unionise in Tennessee
Sony deal for Paramount would draw added regulatory scrutiny
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try