News Detail

Date/Time
05 Nov 2020 17:07:00
Headline
Signing of Thai Oil Clean Fuel Project
Symbol
STEC
Source
STEC
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                ST/2020/0503

November 5th, 2020

Subject:     Signing of Thai Oil Clean Fuel Project
Attention:      The President
         The Stock Exchange of Thailand

Sino-Thai Engineering & Construction Public Company Limited is pleased to inform
the SET that the company has signed a new contract. The detail of the project
is as followed:

                      Project name:                   Thai Oil Clean Fuel 
Project
                                                                  (Contract 
signed on 19th October 2020)
                  Project owner:                 Thai Oil Public Company 
Limited.
    The Employer:     PSEAL, SSING and SET Joint Venture (Joint Venture of Petrofac
                                                                 South East Asia
 Pte. Ltd., Saipem Singapore Pte. Ltd. and
                                                          Samsung Engineering 
(Thailand) Co., Ltd)
    Contract value:     THB 2,441,159,035 (excl. VAT)
    Scope of work:    Main Mechanical Works: Structural Steel Erection, Equipment
                                                                 Installation 
and Piping Works Package 5A&5B (Hydrocracking
                                                                 Unit)
                      Construction period:    25thJanuary 2021 to 9thJune 2023

It is therefore informed for your acknowledgement and dissemination to the 
public and other investors.

Yours sincerely,




Mr. Chaiyaporn Imcharoenkul
Company Secretary

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.