SAMART Signs ฿321M. Contract to Install Aerodrome Simulator, Booking Revenue by Nov. 2020
SAMART has signed a contract for Aerodrome Simulator System installation with a total value of THB 321 million, expecting to book revenue by November 2020.
Samart Corporation Public Company Limited (SAMART) has notified its shareholders and investors through the Stock Exchange of Thailand that Samart U-Trans Company Limited (SUT), a subsidiary with 99.99% direct holding by SAMART has signed contract with Aeronautical Radio of Thailand Ltd. in order to supply and installation for the Aerodrome Simulator System on May 16, 2019. Total value of the contract is THB 321,000,000. Delivery and completion of installation will be within November 7, 2020. Revenue will be booked by prorate of completion.