Tuju Setia Berhad saw its order book swell to RM2 billion, after securing a RM389 million contract from the Beverly Group to undertake the main contractor works for Milla Residence, a high-rise residential development in Quartz Wangsa Maju, Kuala Lumpur.

The group said its current order book remains by far a record high, doubling from RM866 million giving earnings visibility until 2028.

The Milla Residence project was awarded to Tuju Setia's wholly-owned subsidiary, Pembinaan Tuju Setia Sdn Bhd by Beverly WM Sdn Bhd, a wholly-owned subsidiary of Beverly Group Sdn Bhd (Beverly Group). Milla Residence is a collaborative development between Beverly Group, Mapletree Investments Pte Ltd of Singapore and Lai Sun Group of Hong Kong.

Tuju Setia will construct two 52-storey tower blocks (Tower A and Tower B), along with common facilities and a 17-storey automated car park block with rooftop facilities. The construction work for the project is scheduled to begin in April 2025 with a project duration of 36 months.

With the latest contract, the Group's year-to-date wins now stand at RM1.58 billion. The new wins in 2024 are again from established and/or repeated clientele namely Avaland Berhad, Sime Darby Property Berhad, Permodalan Hartanah Berhad, Sunway Berhad, and Beverly Group.