TEAMG Gains 1% to Trade at ฿2.10/Share after Signing Contract for HSR Phase 2!
Despite the plummet of the stock market, TEAMG hike 1% to trade at ฿2.10/share after signing a consultancy contract for HSR Phase 2 Project.
As of 11:38 on September 27, 2019, the share price of TEAM Consulting Engineering and Management Public Company Limited (TEAMG) edged up by ฿0.02/share or 0.96% to trade at ฿2.10/share, the highest price since the opening bell.
Earlier, TEAMG had announced that the company signed the consultancy contract with State Railway of Thailand (SRT) to provide service for the feasibility study and preliminary design of the High-Speed Rail Linked 3 Airport Project Phase 2 Extension Rayong – Chanthaburi – Trat
The project is an extension of the High Speed Rail Linked 3 Airport Project Phase 1 which aims to expand the development of the rail network system in the Eastern region to be more extensive. It will connect industrial estates, seaports, and airports in the Central and Eastern regions as well as support the establishment of the Eastern Fruit Corridor in order to enhance tourism in Rayong-Chanthaburi-Trat provinces. This project will be one of the key drivers for the integrated development of the Eastern Economic Corridor (EEC).
