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Midas Holdings bags 2 contracts worth $12. …

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Midas Holdings says its its aluminium alloy division, Jilin Midas Aluminium Industries Co., has secured two contracts worth RMB 60.6 million ($12.4 million) to supply aluminium alloy extrusion profiles for a total of 315 train cars for two metro projects in Singapore and China respectively.

The first contract, awarded by CNR Changchun Railway Vehicles Co., is for the supply of 73 train sets or 219 train cars for the Downtown Line Project in Singapore for RMB38.7 million.

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