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Australia's NRW Holdings rises after unit bags two construction contracts

BUZZ-Australia's NRW Holdings rises after unit bags two construction contracts

** Shares of Australia's NRW Holdings NWH.AX rise as much as 1.5% to A$7.36, their highest level since June 18

** Stock on track for its fifth consecutive session of gains, if current trend holds

** The construction and engineering firm says unit Golding Contractors has won two contracts

** Says unit awarded about A$41million-A$45 million ($28.25 million-$31 million) contract from Anglo American AAL.L for the construction of a new rail infrastructure in Australia

** Says unit also awarded nearly A$150 million equipment and production assistance contract with OneSteel Manufacturing

** Stock up 7% so far this week, set for its best week in a month, if gains hold

** YTD, stock up 41.5%, including day's moves


($1 = 1.4514 Australian dollars)


(Reporting by Aamir Sheik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com))

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