2 stories mentioning KLSE:TJSETIAUpdated 38d ago
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Tuju Setia (KLSE:TJSETIA) will seek shareholders' approval to renew the share buyback authority in the company's upcoming annual general meeting, according to a Tuesday Malaysian bourse filing.Shares fell about 7% in Wednesday's afternoon trade.The construction company will share a detailed statement of the repurchase plan with shareholders in due time.
Tuju Setia (KLSE:TJSETIA) unit Pembinaan Tuju Setia secured a deal worth 359.3 million ringgit for the construction of the Ara Bloc Residences in Selangor, Malaysia, according to a Wednesday Malaysian bourse filing.Shares jumped 13% in Thursday's midday trade.The deal was awarded by Sime Darby Property (Ara Damansara), and the project involves the development of three blocks of 17-storey serviced apartments, along with a nine-storey podium comprising retail units, parking facilities, residence amenities, and utilities at Ara Damansara.The deal is scheduled to commence on April 21, and has a duration of 40 months, it added.
