MIDAS HOLDINGS

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11 years 8 months ago - 11 years 8 months ago #10353 by ZEN
 MIDAS’ JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT WINS TWO METRO CONTRACTS WORTH RMB1.4 BILLION

 First contract worth RMB663 million to supply 138 train cars for the Wuxi Metro Line 2 Project
 

Second contract worth RMB756 million to supply 162 train cars for the Hangzhou Metro Line 2 Project
 

NPRT’s total year-to-date contract wins increases to four contracts worth a combined RMB2.8 billion

MORE THAN 6 BILLION WORTH OF CONTRACT SECURED IN ABOUT A YEAR ; STARTING FROM END JULY 2011 TILL AUG 2012
 
 
Last edit: 11 years 8 months ago by ZEN.
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11 years 8 months ago #10370 by ZEN
possible for Q3 and beyond net profit to quadruple from current level ? As Q2 marked one of the lowest profit level already
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11 years 8 months ago #10406 by ZEN
a cup and handle bullish chart pattern formed ?
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11 years 8 months ago #10453 by ZEN
waiting for the big volume surge
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11 years 8 months ago #10494 by ZEN
still waiting ... today got decent volume surge in late afternoon
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11 years 8 months ago #10523 by ZEN
The board of Directors of the Company is pleased to announce that the proposed capital increase in
Jilin Midas Light Alloy as disclosed in the Announcement has been completed, after the relevant
authorities in the People’s Republic of China having approved the CIA and the JVA. As at the date
hereof, Jilin Midas Light Alloy has a registered capital of US$100 million, with the Company and Jilin
Kaitong respectively holding 55% and 45% of the equity interest in Jilin Midas Light Alloy.
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