ACE acusensus limited.

asx ann. natural gas vehicle system loi india

  1. 121 Posts.
    See today's ann.
    ACE agrees letter of Intent with TATA to enter 10 year agreement.

    - To generate $30 million sales revenue first 3 years + pay ACE development costs on validation to Euro 4 standard

    - India's regulatory requirement, all new buses/trucks in
    11 major centres be euro emission 4 compliant by
    April 2010

    - TML as India's largest auto manufacturer is 4th largest
    truck manufacturer & 2nd largest bus manufacturer in
    world

    "The TML Agreement is further confirmation of ACE as a leading supplier of alternative fuel systems and components to the Asia Pacific Region through innovation and quality".
 
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Last
94.0¢
Change
0.010(1.08%)
Mkt cap ! $131.8M
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Price($) Vol. No.
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