CHO-SCN Complete the Consignment of NGV Buses, Booking Income in 30 Days
CHO-SCN Consortium has announced that the company has completed the delivery of NGV buses to BMTA and will receive the payment within 30 days.
Cho Thavee Public Company Limited (CHO), has announced that the SCN-CHO Consortium has delivered all 489 NGV air-conditioned buses to the Bangkok Mass Transit Authority (BMTA) as scheduled. In this regard, the settlement for the 4th installment is determined to be within 30 days from the delivery date.
Besides the payment from the sales of NGV buses, SCN-CHO will also receive income from maintenance worth ฿30 million per month or ฿360 million a year for 10 years.