Wednesday, June 17, 2009

Midas Holdings surges as high as 9.9% on contract win

 
 

Sent to you by MarcG via Google Reader:

 
 

via EdgeSingapore RSS on 6/16/09

Midas Holdings (MIDAS SP), the supplier of aluminum alloy products and pipes used in train carriages, surged as high as 9.9% to 72 cents. The company said yesterday it won two contracts worth 603 million yuan ($128.6 million) to supply aluminum alloy products for the construction of 1,600 high-speed train cars in China.

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