SINGAPORE (Nov 16): Midas Holdings says joint venture company, CRRC Nanjing Puzhen Rail Transport Co. has won four new metro train car supply contracts worth RMB2.59 billion ($539 million).

The first supply contract, worth RMB0.65 billion, was awarded by Nanjing Metro Operation Co. for the Nanjing Metro Line 2 with delivery slated between August 2017 and October 2018.

The second and third supply contracts, with a combined value of RMB0.57 billion, were awarded by Nanjing Metro Infrastructure Co., for two sections along the Nanjing-Gaochun intercity rail project. Delivery for these two contracts are slated between August 2017 and June 2018.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook