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Tuju Setia Bhd (5297), Main Market
TSnexona88
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Feb 24 2021, 03:23 PM, updated 3y ago
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Construction services company Tuju Setia Bhd has received approval from the Securities Commission Malaysia (SC) to list on the Main Market of Bursa Malaysia Securities Bhd.
Tuju Setia said through its proposed wholly-owned subsidiary Pembinaan Tuju Setia Sdn Bhd (PTS), the firm is involved in the provision of construction services as a main contractor, with experience in commercial, residential, and institutional buildings mainly in Klang Valley.
It added that PTS has core expertise in the construction of high-rise buildings.
Tuju Setia said notable non-residential projects completed include Setia Walk, Setia Sky Residences (Celeste & Divina Tower), TWY Mont Kiara, Geo Bukit Rimau, Top Glove Corporate Office Tower, Menara TCM, and St Joseph’s Institution International School Malaysia (previously Tropicana International School).
Completed residential projects include Mentari Court, Grand Medini Residence, and Idaman Residence.
Meanwhile, PTS’ ongoing non-residential projects include Mutiara Central Office Suites (Cheras) and the Kajang Women and Children Hospital. Ongoing residential projects include Sofiya Residensi (Desa Park City) and Emerald Hills (Cheras).
Tuju Setia managing director Wee Eng Kong said as a main contractor, PTS has amassed a diverse portfolio in the construction of commercial, residential and institutional buildings, with core expertise in the construction of high-rise buildings.
“We offer value engineering such as providing alternative designs and have delivered projects on time, aided by the Industrialised Building System (IBS) and Building Information Modelling (BIM) for dimensional accuracy, building component consistency and good project scheduling control.
“Tuju Setia’s proposed listing on the Main Market of Bursa Malaysia will position us to move into a new chapter of our journey, and embark on further growth in the construction industry,” he said.
Wee said PTS is a Grade G7 contractor registered with the Construction Industry Development Board (CIDB) of Malaysia, allowing it to undertake projects with unlimited value. PTS is also registered with CIDB under code B29 which permits it to undertake construction of hospitals and healthcare facilities, and holds the Sijil Perolehan Kerja Kerajaan that enables its participation in tenders for government projects.
To facilitate the proposed listing, Tuju Setia will undertake an exercise to acquire 100% equity interest in PTS, and as a group will list on the Main Market of Bursa Malaysia.
Wee said Tuju Setia targets to be listed in the second quarter of 2021.
Alliance Investment Bank Bhd is the principal adviser, underwriter and placement agent for Tuju Setia’s initial public offer exercise.
This post has been edited by nexona88: May 22 2021, 06:31 PM
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Pain4UrsinZ
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Feb 24 2021, 04:15 PM
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how to apply IPO ? i already have Maybank CDS account
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cofin
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Feb 24 2021, 04:57 PM
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QUOTE(Pain4UrsinZ @ Feb 24 2021, 04:15 PM) how to apply IPO ? i already have Maybank CDS account Need ask your remiser is your account Direct or Nominee ..... then go Maybank2u eshare
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TSnexona88
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Feb 24 2021, 06:02 PM
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QUOTE(Pain4UrsinZ @ Feb 24 2021, 04:15 PM) how to apply IPO ? i already have Maybank CDS account This company IPO not out yet 😁 Just chill first...
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Pain4UrsinZ
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Feb 24 2021, 08:31 PM
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QUOTE(cofin @ Feb 24 2021, 04:57 PM) Need ask your remiser is your account Direct or Nominee ..... then go Maybank2u eshare Direct, so login Maybank2U instead of OST?
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cofin
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Feb 24 2021, 08:46 PM
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QUOTE(Pain4UrsinZ @ Feb 24 2021, 08:31 PM) Direct, so login Maybank2U instead of OST? OST find your CDS number ..... Then maybank2u ....classic view..... investment ..... e-share
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arcadicus
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Feb 25 2021, 08:08 PM
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Getting Started
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why all got SETIA one ah???
SP SETIA TELADAN SETIA TUJU SETIA
same owner ah?
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TSnexona88
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Feb 25 2021, 08:14 PM
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Setia name bring "good luck"? 😅💰🤑
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Gold_Moderator
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Feb 28 2021, 07:32 AM
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not sp setia ?
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plouffle0789
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Mar 2 2021, 06:14 PM
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QUOTE(arcadicus @ Feb 25 2021, 08:08 PM) why all got SETIA one ah??? SP SETIA TELADAN SETIA TUJU SETIA same owner ah? No
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thecurious
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Mar 2 2021, 06:55 PM
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QUOTE(cofin @ Feb 24 2021, 08:46 PM) OST find your CDS number ..... Then maybank2u ....classic view..... investment ..... e-share Why need classic view? the normal view also got
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cofin
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Mar 2 2021, 08:12 PM
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QUOTE(thecurious @ Mar 2 2021, 06:55 PM) Why need classic view? the normal view also got haha coz i dont like the new view ...lack of many function i use
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fms21
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Mar 8 2021, 02:23 PM
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hope can get this..
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TSnexona88
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Mar 24 2021, 06:18 PM
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coming soon near u Price : RM0.70/share Listing : Main Market Biz : Construction https://www.miti.gov.my/miti/resources/Bumi..._Tuju_Setia.pdfThis post has been edited by nexona88: Mar 25 2021, 12:47 PM
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HumbleBF
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Mar 24 2021, 11:55 PM
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QUOTE(nexona88 @ Mar 24 2021, 06:18 PM) coming soon near u Price : RM0.70/share Listing : Main Market Biz : Property Developer https://www.miti.gov.my/miti/resources/Bumi..._Tuju_Setia.pdfSlightly higher price compare with recent
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KopiMalaysiano
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Mar 24 2021, 11:58 PM
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Getting Started
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QUOTE(HumbleBF @ Mar 24 2021, 11:55 PM) Slightly higher price compare with recent deep-fried rice category this pricing & sector... definitely a good opsyen la
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KopiMalaysiano
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Mar 25 2021, 12:00 AM
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Getting Started
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heard setia walk is dead thou
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TSnexona88
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Mar 25 2021, 12:39 AM
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QUOTE(HumbleBF @ Mar 24 2021, 11:55 PM) Slightly higher price compare with recent Main market listing..... No class if below 50c 😂🤣😅
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yhtan
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Mar 25 2021, 12:44 PM
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QUOTE(nexona88 @ Mar 24 2021, 06:18 PM) coming soon near u Price : RM0.70/share Listing : Main Market Biz : Property Developer https://www.miti.gov.my/miti/resources/Bumi..._Tuju_Setia.pdfTheir main business is construction, not property developer
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TSnexona88
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Mar 25 2021, 12:48 PM
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QUOTE(yhtan @ Mar 25 2021, 12:44 PM) Their main business is construction, not property developer edited. thanks
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