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Midas JV clinches train contracts worth 1.11b yuan

A JOINT-VENTURE company of Midas Holdings has won two metro train contracts worth 1.11 billion yuan (S$230 million). The contracts, for the delivery of trains in the next two years, were awarded to Midas' 32.5 per cent-owned Nanjing SR Puzhen Rail Transport Co (NPRT). Midas' chief executive