Singapore-based JV Midas Holdings Limited has secured two contracts totalling $180.13 million in China. The first contract, amounting to approximately $85.3 million, has been awarded by China-based Suzhou Rail Transit Company Limited to supply 17 train sets, or 85 train cars, for the Suzhou Rail Transit Line 2 extension. The second contract, worth about $96.8 million, has been awarded by China-based Nanjing Metro Company to supply 13 train sets, or 78 additional train cars, for Nanjing Metro Line 1.
