SINGAPORE: Mainboard-listed Midas Holdings has secured a contract to supply aluminium alloy extrusion profiles to the French infrastructure group Alstom.

The contract is worth S$14.5 million.

Under the deal, Midas will supply the aluminium alloy extrusion profiles for Alstom's RS-Citadis project in Europe.

Delivery is expected between 2009 and 2010.

Midas says the contract will have a positive impact on its results for the next two years.

- CNA/yt