• Exsim Hospitality said its wholly-owned subsidiary Exsim Concepto Sdn Bhd (ECSB) had on May 30 accepted a letter of award (LOA) from TotalBuildz Sdn Bhd for the proposed job.

KUALA LUMPUR (May 30): Exsim Hospitality Bhd (KL:EXSIMHB), formerly known as Pan Malaysia Holdings Bhd, has bagged a RM46 million contract to carry out interior fit-out works on an 11-storey hotel in Port Dickson.

In a filing with Bursa Malaysia on Friday, Exsim Hospitality said its wholly-owned subsidiary Exsim Concepto Sdn Bhd (ECSB) had on May 30 accepted a letter of award (LOA) from TotalBuildz Sdn Bhd for the proposed job.

The project is scheduled to begin immediately and is expected to be completed by May 29, 2026.

Exsim Hospitality said the contract is expected to contribute positively to the group’s net assets per share, earnings per share and gearing throughout its duration.

Exsim Hospitality’s shares closed up 0.5 sen or 1.35% to 37.5 sen on Friday, giving it a market capitalisation of RM348.3 million. The stock has gained 4.17% so far this year.

Want to have a more personalised and easier house hunting experience? Get the EdgeProp Malaysia App now.

SHARE
SPONSORED CONTENT
How to reap Johor Bahru’s ripe opportunities without getting burned if the bubble bursts

Not all is bad news when it comes to RTS. Far Capital's ground research in Singapore has uncovered a massive trend that most agents aren't talking about yet.

read more
RELATED POSTS
  1. Sunway REIT declares record high DPU for FY2025 as net property income rises 15.5%
  2. Rental scam victims disappointed with inaction by authorities
  3. Axis REIT flags potential equity fundraising if gearing breaches 40% amid asset expansion