News Detail
Date/Time
09 Dec 2019 08:17:00
Headline
Construction Extension to the New Parliament and Associated Building Project
Symbol
STEC
Source
STEC
ST/2019/0700 December 9th,2019 Subject: Construction Extension to the New Parliament and Associated Building Project Attention: The President The Stock Exchange of Thailand Sino-Thai Engineering & Construction Public Company Limited is the contractor to the New Parliament and Associated Building project as presented in the contract number 116/2013 dated 30th April 2013 with The Secretariat of the House of Representatives as the employer and the project must finish by 15th December 2019. The company has proceeded the construction rapidly and continuously in order to complete the construction as stated in the contract, but there is an incident matter interrupted the construction. The company decided to ask for construction extension to the parliament and associated building project abide by the rules and regulations of the contract by submitting all related document to Project Director and the team of consultant to the parliament and associated building project to consider the aforesaid construction extension. The Secretariat of the House of Representatives considered through reasons and necessities that hindered the construction along with the terms and conditions of construction extension and then approved the construction extension to the new parliament and associated building project since December 4th, 2019. The Secretariat House of Representatives made the memorandum of the additional contract under the contract of the new parliament and associated building project by extended 382 days from 16th December 2019 to 31st December 2020. The company is pleased to inform that by this notice, the company has accurately constructed the new parliament and associated building project along with the contract. The company has truly righteousness of being extended construction period in accordance with the aforesaid contract, and hereby to this announcement, the company would like to disseminate to the public and other investors in order to prevent rumors that mistaken the company on the huge fine of delayed construction and caused damage to investors and the company from such actions. It is therefore informed for your acknowledgement and dissemination to the public and other investors. Yours sincerely, Mr. Pakpoom Srichamni President Sino-Thai Engineering and Construction Plc. Company Secretary Office Telephone: 0 2610 4900 ext. 1992, 1550 Facsimile: 0 2259 4427 ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.