BTW Booked ฿270 M. from 2 New Projects in TH/USA
BTW's shares are expected to go up after the announcement of acquiring two new projects in Thailand and USA for 270 million baht.
BT Wealth Industries Public Company Limited or BTW revealed through SET that, in July 2018 their core subsidiary, Best Tech and Engineering Limited was awarded for 2 new major projects in Thailand and abroad with combined project value of approximately 270.28 million baht (at foreign exchange rate of THB 33.00/USD) with detailed as follows:
1. Project: GSRC Field Erection Tank Project
Client: MHPS Project (Thailand) Company Limited
Project Period: 3rd Quarter of 2018 – 3rd Quarter of 2019
Work Scope: Fabrication and erection of fuel oil tanks and water tanks for 2,500 MW IPP power plant in Chonburi Province, Thailand
2. Project: Montgomery Project
Client: Nooter/Eriksen
Project Period: 3rd Quarter of 2018 – 1st Quarter of 2019
Work Scope: Fabrication of Casing, Ducts, Platforms and Ladders for HRSGs (Heat Recovery Steam Generator) for a power plant in Texas, U.S.A
As of August 1st, 2018 closed at ฿1.55/share, added 0.01 or +0.65% with total value of 4.6 million baht.