The share price of Team Consulting Engineering and Management Public Company Limited (SET: TEAMG) rose 5.22% at the opening bell on Monday to trade at THB6.05 per share after reporting four new project signings earlier this morning.
TEAMG announced that TEAMG had signed four newly projects in April-June 2022 as follows;
1) CKST-PL Joint Venture as a client
Detailed Design of the MRT Purple Line Project Tao Pun – Rat Burana (Kanchanapisek Road) by TEAMG and Geotechnical & Foundation Engineering Company Limited (a subsidiary of TEAMG).
2) Metropolitan Waterworks Authority as a client
Construction Supervision of pumping stations, clear water tanks, procurement, and installation of pumps and substation and related work ( Contract SV- 904) by TEAMG.
3) Metropolitan Waterworks Authority as a client
Design and improvement of raw water conveyance capacity in the west side of Prapa Canal and related work by TEAMG.
4) Royal Irrigation Department as a client
Feasibility Study of the improvement of the left side of the Greater Mae Klong Irrigation Project in Kanchanaburi, Suphan Buri, Ratchaburi, Nakhon Pathom, Samut Sakhon, and Samut Songkhram Province by TEAMG.
The total value of all four projects is approximately THB397 million.