The Business Times
business-time-50

Midas JV firm wins 2 contracts worth 1.77b yuan

google-preferred-sourceAdd BT as a preferred source
Published Tue, Jan 3, 2017 · 09:50 PM

Singapore

MIDAS Holdings, which supplies railway parts in China, on Tuesday said its joint venture company has secured two metro train car supply contracts worth a total of 1.77 billion yuan (S$369 million).

Midas has a 32.5 per cent equity stake in the joint-venture firm, CRRC Nanjing Puzhen Rail Transport Co Ltd (NPRT).

TRENDING NOW

SIA said macroeconomic and geopolitical developments, including the Middle East conflict, continue to add uncertainty to the airline industry’s operating environment.

SIA sinks into the red with S$76 million Q1 loss as fuel costs jump

National Development Minister Chee Hong Tat noted that the public housing market has seen a moderation in resale flat prices over the past few quarters, following multiple rounds of cooling measures as resale prices surged.

15-month wait-out curb lifted for private property owners buying HDB resale flats

National Development Minister Chee Hong Tat says: “The best way is for the government to shape behaviours with the judicious use of market-based incentives, where possible.”

ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land

Norris Road in Little India. An operator of unlicensed money remittance services for migrant workers was sentenced to jail recently.

A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More