MIDAS HLDGS-S (01021.HK) 0.000 (0.000%) announced that its subsidiary Jilin Midas Aluminium has been awarded five international and PRC supply contracts worth RMB232.1 million. The two supply contracts from the PRC were awarded by CRRC Changchun Railway Vehicles for Wuhan Metro Line 7 and Chongqing Rail Transit Loop Line. The three international contracts include a project in the Middle East and two projects in Europe. The abovementioned contracts are slated for delivery in 2017 and are expected to contribute positively to Midas’ financial performance in the 2017 financial year.
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