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Tuju Setia Berhad (Malaysia)

Main Activities: Residential Building Construction | Commercial and Institutional Building Construction
Full name: Tuju Setia Berhad Profile Updated: June 20, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company was incorporated in Malaysia under the Act on 18 February 2020 as a private limited company under the name of Tuju Setia Sdn Bhd and was subsequently converted to a public limited company on 24 August 2020. The Company is an investment holding company. The Company wholly-owned subsidiary namely Pembinaan Tuju Setia Sdn Bhd (PTS), is primarily involved in the provision of construction services including the construction of non-residental and residental building is Malaysia. Non-residental buildings include mixed-use commercial buildings, offices, serviced apartments and institutional buildings such as school and hospital, while residental buildings include condominiums and affordable apartments. The Company was incorporated for the purpose of a restructuring exercise, as part of the Listing Scheme in relation to IPO that will result, the Company become a holding company of PTS.Key events and milestones :2006  PTS, incorporated in 2005, commenced operations in 2006 as a main contractor of building construction works. We secured our first residential building construction contract, namely the Mentari Court Project. PTS was registered as a Grade G7 contractor with CIDB, which enables us to undertake construction contracts without any restrictions on the contract value.2008 We secured the Mydin Hypermarket Project, our first non-residential building construction contract. We secured our first mixed-use commercial building construction contract, the SetiaWalk Project. Subsequently, in 2010, we secured a contract for the construction of an entertainment centre and elevated car park for the SetiaWalk Project.2009 We secured a contract for the construction of a helicopter hangar in Melaka. We were accredited ISO 9001:2008 quality management system for the provision of project management for construction of buildings and engineering works. This certification was renewed to ISO 9001:2015 from 7 January 2018 to 13 February 2021.2011 We secured a contract for the construction of an integrated complex which comprised a shopping mall and transportation hub for the KLIA2 Integrated Complex Project. We secured the Setia Sky Residences (Celeste Tower) Project, our first serviced apartment construction contract. Subsequently, in 2013, we secured the Setia Sky Residences (Divina Tower) Project2012 We secured our first project in Johor for the construction of a high-rise residential building, namely the Idaman Residence Project.2013 We secured our first office building construction contract, the Top Glove Tower Project.2014 We secured our first contract for the construction of an international school, the Tropicana International School Project.2015 We secured the Grand Medini Residence Project, a high-rise residential building construction and our second project in Johor.2016 We secured the RUMAWIP SkyAwani Residence Project, our first construction contract for affordable housing under the RUMAWIP Programme.2017 We secured the Menara TCM Project, our second office building construction project. We secured PPAM Sofiya Residensi Project, the construction of a 51-storey affordable apartment under the PPAM programme.2018 We secured our first design and construction contract for a hospital, the Kajang Women and Children Hospital Project.2019 We obtained a Certificate of Government Procurement Works (SPKK) from the CIDB, which allows us to participate in tenders for government projects.2020 We secured the Riana Dutamas (Phase 2) Project, high-rise serviced apartments building construction in Kuala Lumpur. We secured the TUAI Residence Project, a high-rise condominium building construction in Setia Alam, Selangor.2021 We secured The Pulse Residence Project for the construction of a mixed-use commercial building with serviced apartments and retail podium. We secured the 121 Residences Project, high-rise serviced apartments and SoHo building construction in Petaling Jaya, Selangor

Headquarters
No. G-31, Jalan Puteri 4/8, Bandar Puteri
Puchong; Selangor; Postal Code: 47100

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Website: http://tujusetia.my

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2020
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Chief Operating Officer
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Managing Director
Ownership Details
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44.5%
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21.86%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
-15.97%
Total operating revenue
-15.29%
Operating profit (EBIT)
42.34%
EBITDA
19.74%
Net Profit (Loss) for the Period
31.2%
Total assets
4.75%
Total equity
-12.19%
Operating Profit Margin (ROS)
0.49%
Net Profit Margin
0.33%
Return on Equity (ROE)
1.21%
Debt to Equity Ratio
47.33%
Quick Ratio
-0.07%
Cash Ratio
-0.03%

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