
Breaking 40 soon?
Peter_Pan ( Date: 05-Dec-2012 15:34) Posted:
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Shanghai Composite +3%
Hang Seng +2.1% 
Supported by the China recovery.
Hulumas ( Date: 05-Dec-2012 13:42) Posted:
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Midas will be back to Sgd. 1.00 in mid term, I suppose.
Peter_Pan ( Date: 05-Dec-2012 10:11) Posted:
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China will expand domestic demand, actively promote urbanization, strengthen real-estate controls and support small business, the official Xinhua News Agency said yesterday, citing a statement issued after a meeting of the ruling party’s top leaders headed by Xi, who will probably succeed Hu Jintao as president in March. The government will also encourage consolidation in industries with overcapacity, it said. Leaders will make efforts to keep investment growth steady, Xinhua said.
Trains are warmly up and rariing to surge
Peter_Pan ( Date: 05-Dec-2012 10:11) Posted:
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China is recovering after bottoming out.
Finally after so long.. I guess contract coming out soon.. If not stock price also won't shoot up..
Train started moving leh.
Coming also lah.
Why so many good new up front, midas did not get any contract or meat from china? Sigh.. Disappointed..
Ready, get-set, ........
China-play on the way.
China approves $7.87 billion in rail projects to boost economy - report
SHANGHAI (Reuters) - China has approved construction of two city subway projects worth 49 billion yuan (£4.91 billion), adding to the list of recent railway project approvals aimed at boosting growth in the world's second biggest economy.The National Development and Reform Commission (NDRC), China's state planning agency, also approved a feasibility study on an inter-city rail line between Fuzhou and Pingtan, an island off the coast of Fujian, worth a further 26 billion yuan, the official Shanghai Securities News reported.The projects appear aimed at shoring up growth in China's economy, which has slowed for seven consecutive quarters, most recently posting 7.4 percent annual growth for the third quarter.More recent data, however, has shown signs of a recovery, with fixed-asset investment, factory output, and retail sales all beating expectations in October.Shanghai Securities News, citing an announcement from the NDRC, reported the agency had approved construction of a second subway line in Fuzhou, the capital city of prosperous Fujian province, on China's east coast.The commission also approved construction of the first two subway lines in Urumqi, the capital of western China's Xinjiang Autonomous Region, the paper reported.The Fuzhou project, which will take four years to complete, is worth 18 billion yuan, while the Urumqi project will total 31 billion yuan and is due for completion in 2019.The latest project approvals come on the back of a slate of rail and other projects approved in recent months. In early September, NDRC approved 25 rail projects totalling $110 billion.Reuters estimated that a flurry of new project approvals announced in early September, when concerns about the slowing economy were at their peak, totalled $157 billion.Last month, the Ministry of Railways announced it had raised its spending plan for 2013 to 630 billion yuan from 610 billion announced in September.
SHANGHAI (Reuters) - China has approved construction of two city subway projects worth 49 billion yuan (£4.91 billion), adding to the list of recent railway project approvals aimed at boosting growth in the world's second biggest economy.The National Development and Reform Commission (NDRC), China's state planning agency, also approved a feasibility study on an inter-city rail line between Fuzhou and Pingtan, an island off the coast of Fujian, worth a further 26 billion yuan, the official Shanghai Securities News reported.The projects appear aimed at shoring up growth in China's economy, which has slowed for seven consecutive quarters, most recently posting 7.4 percent annual growth for the third quarter.More recent data, however, has shown signs of a recovery, with fixed-asset investment, factory output, and retail sales all beating expectations in October.Shanghai Securities News, citing an announcement from the NDRC, reported the agency had approved construction of a second subway line in Fuzhou, the capital city of prosperous Fujian province, on China's east coast.The commission also approved construction of the first two subway lines in Urumqi, the capital of western China's Xinjiang Autonomous Region, the paper reported.The Fuzhou project, which will take four years to complete, is worth 18 billion yuan, while the Urumqi project will total 31 billion yuan and is due for completion in 2019.The latest project approvals come on the back of a slate of rail and other projects approved in recent months. In early September, NDRC approved 25 rail projects totalling $110 billion.Reuters estimated that a flurry of new project approvals announced in early September, when concerns about the slowing economy were at their peak, totalled $157 billion.Last month, the Ministry of Railways announced it had raised its spending plan for 2013 to 630 billion yuan from 610 billion announced in September.
China approves RM24b in rail projects to boost economy!!
Fuzhou project will take four years to complete, while the Urumqi project is due for completion in 2019. — Reuters picSHANGHAI, Nov 27 — China has approved construction of two city subway projects worth 49 billion yuan (RM24 billion), adding to the list of recent railway project approvals aimed at boosting growth in the world’s second biggest economy.The National Development and Reform Commission (NDRC), China’s state planning agency, also approved a feasibility study on an inter-city rail line between Fuzhou and Pingtan, an island off the coast of Fujian, worth a further 26 billion yuan, the official Shanghai Securities News reported.The projects appear aimed at shoring up growth in China’s economy, which has slowed for seven consecutive quarters, most recently posting 7.4 per cent annual growth for the third quarter.More recent data, however, has shown signs of a recovery, with fixed-asset investment, factory output, and retail sales all beating expectations in October.Shanghai Securities News, citing an announcement from the NDRC, reported the agency had approved construction of a second subway line in Fuzhou, the capital city of prosperous Fujian province, on China’s east coast.The commission also approved construction of the first two subway lines in Urumqi, the capital of western China’s Xinjiang Autonomous Region, the paper reported.The Fuzhou project, which will take four years to complete, is worth 18 billion yuan, while the Urumqi project will total 31 billion yuan and is due for completion in 2019.The latest project approvals come on the back of a slate of rail and other projects approved in recent months.In early September, NDRC approved 25 rail projects totalling US$110 billion (RM336 billion).Reuters estimated that a flurry of new project approvals announced in early September, when concerns about the slowing economy were at their peak, totalled US$157 billion.Last month, the Ministry of Railways announced it had raised its spending plan for 2013 to 630 billion yuan from 610 billion announced in September. — Reuters
Fuzhou project will take four years to complete, while the Urumqi project is due for completion in 2019. — Reuters picSHANGHAI, Nov 27 — China has approved construction of two city subway projects worth 49 billion yuan (RM24 billion), adding to the list of recent railway project approvals aimed at boosting growth in the world’s second biggest economy.The National Development and Reform Commission (NDRC), China’s state planning agency, also approved a feasibility study on an inter-city rail line between Fuzhou and Pingtan, an island off the coast of Fujian, worth a further 26 billion yuan, the official Shanghai Securities News reported.The projects appear aimed at shoring up growth in China’s economy, which has slowed for seven consecutive quarters, most recently posting 7.4 per cent annual growth for the third quarter.More recent data, however, has shown signs of a recovery, with fixed-asset investment, factory output, and retail sales all beating expectations in October.Shanghai Securities News, citing an announcement from the NDRC, reported the agency had approved construction of a second subway line in Fuzhou, the capital city of prosperous Fujian province, on China’s east coast.The commission also approved construction of the first two subway lines in Urumqi, the capital of western China’s Xinjiang Autonomous Region, the paper reported.The Fuzhou project, which will take four years to complete, is worth 18 billion yuan, while the Urumqi project will total 31 billion yuan and is due for completion in 2019.The latest project approvals come on the back of a slate of rail and other projects approved in recent months.In early September, NDRC approved 25 rail projects totalling US$110 billion (RM336 billion).Reuters estimated that a flurry of new project approvals announced in early September, when concerns about the slowing economy were at their peak, totalled US$157 billion.Last month, the Ministry of Railways announced it had raised its spending plan for 2013 to 630 billion yuan from 610 billion announced in September. — Reuters
Game over...
Down town line and Circle line trains are manufactured by Bombardier Transportation.
Midas sold train sets of Aluminium components for Circle line  to Bombardier before.
chyn_no ( Date: 26-Nov-2012 15:44) Posted:
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Does anyone know our new mrt line bought their train from where ? I watched e news only said is frm china.
The 40 cents mark is very important.  I believe after XD. 
Bopanha ( Date: 26-Nov-2012 11:33) Posted:
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39 cents done.  Good show.  Will rise above 40 cents soon.