PETALING JAYA: Construction services company Tuju Setia Bhd has secured a RM189mil job for main building works at a high-rise construction project in Seri Kembangan, Selangor.
In a statement, the group said its wholly owned subsidiary Pembinaan Tuju Setia Sdn Bhd (PTS) will undertake main building construction works under Package One of One Equine.
This project was awarded by Enso Development Sdn Bhd, a joint-venture company of Beverly Group (Q) Sdn Bhd and Surbana Jurong Capital (Enso Q) Pte Ltd.
The project comprises a 35-storey block of 865 small office, home office (Soho) units and a 33-storey block with 526 units of serviced apartments, related facilities and amenities, as well as a multi-storey podium carpark.
The development in Seri Kembangan is in an up-and-coming development belt with close proximity to Cyberjaya and Putrajaya.
Tuju Setia managing director Wee Eng Kong (pic) said: “We take pride in being entrusted by a notable international client for their high-rise development, and adding another reputable developer to our list of customers.
“Not only that, the new contract also reflects the positive upturn of Malaysia’s property market, particularly projects that are supported by easy accessibility, innovative concepts and a large catchment population.”
With this new win, he said the group’s order book was now at RM1.14bil from RM953.1mil previously.
Wee also added, “In striving to be the builder of choice, we hope to maintain this momentum and continue to secure projects to further fortify our standing in the construction industry.”
The duration of the project is 38 months, with construction works scheduled to commence in June 2021.
The project is also expected to contribute positively towards the earnings of Tuju Setia till the financial years ending Dec 31,2024.
Apart from One Equine, Tuju Setia’s ongoing projects include Mutiara Central Office Suites (Cheras), Riana Dutamas – Phase 2 (Segambut), The Pulse Residence (Bandar Puteri Puchong), PPAM Sofiya Residensi (Desa ParkCity), Emerald Hills – Phases 3 and 4 (Cheras), TUAI Residence (Setia Alam), 121 Residences (Petaling Jaya) and the Kajang Women and Children Hospital.
Tuju Setia, through its subsidiary PTS, is involved in the provision of construction services as a main contractor, with experience in commercial, residential and institutional buildings mainly in the Klang Valley.
PTS has core expertise in the construction of high-rise buildings and the design and construction of hospitals, which includes procurement and installation of Group I medical equipment.