MIDAS’ JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT SECURES TWO METRO CONTRACTS TOTALLING RMB3.13 BILLION
- First contract worth RMB2.15 billion to supply 276 train cars for the Nanjing Metro Line 3 Project
- Second contract worth RMB0.98 billion to supply 126 train cars for the Nanjing Metro Line 10 Project
http://info.sgx.com/webcoranncatth.nsf/V...B003A4DCA/$file/NPRTNanjingR-FinalJul2811-SG.pdf?openelement [Press Release]
This former market darling has seen its share price plunging this year after the dual listing hype. How do you view its prospects going forward in light of China's aggressive push towards rail transportation (and the recent accidents and corruption scandals) ?
(Not Vested)
- First contract worth RMB2.15 billion to supply 276 train cars for the Nanjing Metro Line 3 Project
- Second contract worth RMB0.98 billion to supply 126 train cars for the Nanjing Metro Line 10 Project
http://info.sgx.com/webcoranncatth.nsf/V...B003A4DCA/$file/NPRTNanjingR-FinalJul2811-SG.pdf?openelement [Press Release]
This former market darling has seen its share price plunging this year after the dual listing hype. How do you view its prospects going forward in light of China's aggressive push towards rail transportation (and the recent accidents and corruption scandals) ?
(Not Vested)
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