“BTS shares” rose 2.70%, receiving a good signal after joining together to find a solution. Bangkok solves debt on Green Line electric train

On June 13, 2566 at 10.47 a.m. “BTS stocks” Price plus 2.70% or an increase of 0.20 baht to 7.60 baht from the opening price of 7.50 baht, highest price 7.65 baht, lowest price 7.50 baht.

Krungsri Securities Analysis Indicated after Bangkok Metropolitan Administration (Bangkok) had a more conciliatory attitude. and trying to find a solution in the case of a dispute regarding payment according to the agreement for E&M work and O&M work of the MRT Green Line extension, giving BTS a high chance of receiving payment according to the E&M contract before the O&M contract because in the case of E&M work not is in the process of court consideration

While BTS and Bangkok do not have any disputes regarding this contract. If this is true, BTS will receive 1.9 billion baht in cash, which will help strengthen BTS's balance sheet. As a result, BTS's stock price responded positively. Because stock prices in the past 2-3 months have fallen heavily. From concerns about Bangkok's debt.