Quanta Computer Unit Grants THB660 Million Plant Construction Deal in Thailand

MT Newswires Live

01/29

Quanta Computer (TPE:2382) unit QMB awarded a contract worth 660 million Thai baht, or NT$660 million, for the construction of a new production plant in Thailand, according to a Wednesday Taiwan Exchange filing.

Shares slid over 1% in Thursday's midday trade.

The deal was awarded to Cheer You Construction (Thailand) and covers construction and building materials.

The deal will support the company's capacity expansion needs.

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