Tuju Setia bags RM264mil contract to build apartments

KUALA LUMPUR: Tuju Setia Bhd has bagged a RM264mil contract to build serviced apartments from GLM Emerald Square (Cheras) Sdn Bhd, a subsidiary of GuocoLand (M) Bhd.

The construction services company, in a Bursa filing, said its wholly owned subsidiary, Pembinaan Tuju Setia Sdn Bhd had accepted the letters of award (LOA) from GLM.

The contract is for the construction of a block of 44 storey and one block of 45 storey serviced apartments and eight storey carpark podium and related facilities.

The contract is for a duration of 35 months commencing in December 2022.