GFAI - Guardforce AI wins 5 year bid to operate consolidated cash center in Hadyai Thailand

Guardforce AI (NASDAQ:GFAI) rallies as it announced that Guardforce Cash Solutions Security Co., the operating subsidiary of Guardforce AI, has been selected to operate a Consolidated Cash Center for Hadyai CCC. The decision was jointly made by the Thai Bankers' Association, representatives of financial institutions and the Bank of Thailand. Kee Yun Kwan, the COO at Guardforce AI, commented, "Winning this bid is further evidence that we are increasing our creditability with the Thai government while also increasing our market leading position in the cash center outsourcing market." Earlier this year, GFCS was also selected to operate for a period of five years the CCC in the Khon Kaen province of Thailand. GFAI +25.52% premarket to $1.82.

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Guardforce AI wins 5 year bid to operate consolidated cash center in Hadyai, Thailand