Business Times
Midas Holdings receives orders worth 139m renminbi from China
Edited by : AL CIRCLE
1 min read
Midas Holdings Ltd's aluminium alloy unit, Jilin Midas Aluminium Industries Co Ltd, has received orders worth 139.3 million renminbi from China and international customers.
In a statement today, Midas said the contracts included a 74.6 million renminbi metro contract from its joint-venture company, Nanjing SR Puzhen Rail Transport Co Ltd, for the supply of metro train sets to the Nanjing Metro Line 3 project and 64.7 million renminbi orders for Siemens AG's projects in Russia and Belgium.
Its chief executive officer, Patrick Chew, said the latest contracts once again attested to the company's ability to participate in opportunities within the rail sector both in the China and internationally.
"Supported by our distinguished capabilities as a quality manufacturer of aluminium alloy extrusion products and long-standing relationships with major railway players, we are optimistic of capturing new business opportunities in the China as well as internationally," he said.
Midas, founded in 2000, is today the leading manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector in China. -- Bernama
In a statement today, Midas said the contracts included a 74.6 million renminbi metro contract from its joint-venture company, Nanjing SR Puzhen Rail Transport Co Ltd, for the supply of metro train sets to the Nanjing Metro Line 3 project and 64.7 million renminbi orders for Siemens AG's projects in Russia and Belgium.
Its chief executive officer, Patrick Chew, said the latest contracts once again attested to the company's ability to participate in opportunities within the rail sector both in the China and internationally.
"Supported by our distinguished capabilities as a quality manufacturer of aluminium alloy extrusion products and long-standing relationships with major railway players, we are optimistic of capturing new business opportunities in the China as well as internationally," he said.
Midas, founded in 2000, is today the leading manufacturer of aluminium alloy extrusion products for the passenger rail transportation sector in China. -- Bernama
Previous article
Housing market gloom effects CSR Construction Company
Next articleKaiser Aluminum Announces Quarterly Dividend Payment
Grow with
AL Circle
