JR Expects “FTSE Micro Cap” Addition to Raise Attractiveness from Thai/Int’l Investors

Mr. Jarun Wiwat Jesadawut, Chief Executive Officer of J.R.W. Utility Public Company Limited (JR), stated that the addition in FTSE Micro Cap under FTSE All World Index, which will take effect at the closing on June 18, 2021, raises the attractiveness of the company in both domestic and international investors’ eyes.


The CEO asserted that the company will continue bidding for more projects in 2H21, expecting to acquire a mega project such as the MRT Yellow and Pink Line phase 2 worth more than 6 billion baht. The acquisition would raise JR’s backlog to 10 billion baht, which could result in an outstanding performance to reach a record high continuously in the next 2-3 years.

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