KUALA LUMPUR (June 20): Tuju Setia Bhd on Monday (June 20) said its wholly-owned Pembinaan Tuju Setia Sdn Bhd has secured a construction contract worth RM257 million for a mixed project in Kajang, Selangor.

The contract, which was awarded by Daksina Harta Sdn Bhd, involves the construction of two blocks of serviced apartments (1,605 units) and two-storey retail shop lots (20 units), as well as one block of car park podium and related facilities at Lot 100961 Seksyen 9, Jalan Cheras in Kajang.

The project is for a duration of 38 months and is expected to start this month, said Tuju Setia in a filing with Bursa Malaysia.

Tuju Setia shares closed unchanged at 31 sen on Monday, with a market capitalisation of RM98.22 million.