WGE Jumps 15% after Signing THB1,000 Million Construction Contract

The share price of WGE soared 15% to THB1.69 per share in the morning session on Wednesday after the announcement of a signing for over 1,000 million baht construction contract.

Well Graded Engineering Public Company Limited (SET: WGE) on September 20, 2022, announced that it has signed two new contracts under Estate Q Co., Ltd and Wise Estate 7 Co., Ltd. for a total value of 1,000,400,000 baht.

The project’s scope of work is building construction with mechanical & electrical systems. The first project’s name is Atmoz Portrait Srisaman, and the second project’s name is Atmoz Oasis Onnut.