BrightWorld

BrightWorld: Secured $48.0m in contracts. One of which is co’s first order from China CNR for a 1250 ton stamping machine used in producing locomotive engine parts. Other contracts include vehicle fittings, airbags and electronic parts…
LowXuYang : …Group intends to focus more on railway contracts given that the Chinese govt has allocated Rmb700b for railway invts in 2011 alone. Current order book stands at Rmb280.0m, and recent 9M10 rev in Sep was approx Rmb727.3m Another co to benefit from the railway demand would be Midas who does aluminium extrusions used in railway carriages.