CK Gains 2% after THB100 Billion Contract Signings for MRT Orange Line Project

CH.Karnchang Public Company Limited (SET: CK) has announced new contract signings worth more than 100 billion baht in total.

The share price of CK rose 2.06% to THB19.80 per share in the morning session after the announcement.

CK stated that it has signed as the Contractor in the Contract for the design and construction of the Civil Works of the MRT Orange Line Project (Bang Khun Non – Thailand Cultural Centre Section) and the M&E Works Contract of the MRT Orange Line Project (Bang Khun Non – Min Buri (Suwinthawong) Section) (“MRT Orange Line Project”) with Bangkok Expressway and Metro Public Company Limited as the Concessionaire per the details of works as follows:

1) Contract for the design and construction of the Civil Works of the MRT Orange Line Project (Bang Khun Non – Thailand Cultural Centre Section) with an estimated contract value of Baht 82,501,869,159.

2) The M&E Works Contract of the MRT Orange Line Project (Bang Khun Non – Min Buri

(Suwinthawong) Section) with an estimated contract value of Baht 26,714,000,000.