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 officer Patrick...

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