Midas Holdings scores S$14.5 million railway contract in Europe By Desmond Wong, Channel NewsAsia | Posted: 11 December 2008 2022 hrs
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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.
