On October 24, 2019, Thai Enger Holding Public Company Limited (TIGER) has announced that Thai Enger Company Limited (TEC), the core company, has signed three new contracts with a total contract value of 457 million baht.
1) The Renovation of Power Distribution to Underground Cable System is a joint venture between Thai Enger Co., Ltd (TEC) and Siamthammanon Co., Ltd. (STN) to establish “STN & TEC Consortium”, each company holds 50% of the entity interest, for award winning bidding the Renovation of Power Distribution to Underground Cable System, owned by Provincial Electricity Authority, on Sri-poowanart Rd. Phase II (the intersection of Ratyindee Road – the intersection of Nipat-uthid 1 Road) and Suphasarn-rangsan Road (the intersection of Ratyindee Road – the intersection of Petchakasem Road) Amphoe Hadyai, Songkla, followed by the Development of Electricity in Big City Project Phrase I (Hadyai Lot 3). The contract value is 287,591,539.80 baht with 365 days of the construction period.
2) The 6-storey reinforced concrete accommodation Building, Chongnonsee, Bangkok is TEC’s sole working project, owned by Individual Owner (not related with group company), to construct the 6-storey reinforced concrete accommodation Building, Chongnonsee, Yannawa, Bangkok. The contract value is 85,000,000 baht with 18 months of the construction period.
3) The Additional works of V-Villas Construction Project, Phuket is TEC’s sole working project, owned by Vichaya Phuket Company Limited, to construct the additional works of V-Villa Hotel including the electricity system, mechanical engineering system, sanitation system, air conditioner, pool and sanitary wares. The contract value is 84,200,000 baht with 12 months of the construction period.