Tuju Setia to ride on construction sector recovery


TA Securities has expressed optimism on Tuju Setia’s outlook, given that its order book would provide earnings visibility for the next three years.

KUALA LUMPUR: Underpinned by a strong order book, construction firm Tuju Setia Bhd may further benefit from the economic recovery that is taking shape.

The company, which is bound for a listing on the Main Market of Bursa Malaysia on May 19, currently has nine ongoing projects with a total outstanding order book of RM953.1mil, along with a tender book of about RM4bil.

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