SINGAPORE (April 13): Midas announced that its 32.5%-owned joint venture company, CRRC Nanjing Puzhen Rail Transport, has secured two contracts in relation to the sales of metro cars in China worth RMB 2.96 billion (S$617.2 million).
CRRC Nanjing is a Sino-foreign joint venture, engaged in the development, manufacture and sale of metro trains, bogies and their related parts.
The two contracts were awarded by Hangzhou-Shaoxing Intercity Rail Transit Construction and Investment in Keqiao District of Shaoxing and...(click on link for full story on theedgesingapore.com)