The share price of Unique Engineering and Construction Public Company Limited (SET: UNIQ) rose as much as 3.13% to THB4.62 in the morning session on Tuesday after the company announced yesterday that it acquired two new contracts with a total project value of 1,769 million baht.
However, the surge at the opening bell died down as the session progressed. UNIQ closed the morning session flat at THB4.48 per share.
The company received the first contract from the Department of Rural Roads for the construction of a bridge across Khlong Maha Sawat, Ratchaphruek Road, Nonthaburi with a contract value of THB1,181,515,000.00.
The scope of work includes the construction of a bridge across Khlong Maha Sawat, Ratchaphruek Road, Nonthaburi with two traffic lanes per direction; the building of a drainage system, lighting system, and miscellaneous work.
As for the second contract from the Department of Rural Roads, UNA Joint Venture, a joint venture which includes UNIQ and Asitakij Company Limited, signed the contract worth THB587,516,000. UNIQ will receive THB29,375,800 for its 5% share in the joint venture.
The scope of work includes the construction of two bridges on route 4060 in Khao Chamao district, Kaeng Hang Maeo, Rayong, and Chanthaburi.