Exsim wins RM46mil contract for Port Dickson hotel renovation
KUALA LUMPUR: Exsim Hospitality Bhd's wholly owned subsidiary, Exsim Concepto Sdn Bhd, has secured a contract worth RM46mil from TotalBuildz Sdn Bhd.
In a filing with Bursa Malaysia, Exsim said the contract covers renovation, refurbishment, and interior fit-out works for an 11-storey hotel in Port Dickson.
The contract work will commence on May 30, 2025, with overall completion expected within 12 months, no later than May 29, 2026, subject to any extensions allowed under the contract conditions.
Exsim expects the contract to contribute positively to its net assets per share, earnings per share and gearing throughout the duration of the contract.
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KUALA LUMPUR, May 30 (Bernama) -- EXSIM Hospitality Bhd's unit, EXSIM Concepto Sdn Bhd, has secured a contract worth RM46 million from TotalBuildz Sdn Bhd for the renovation, refurbishment, and interior fit-out works for an 11-storey hotel in Port Dickson, Negeri Sembilan. The company said the commencement date is today, and the contract works are to be completed within 12 months from the start date. "All works must be completed on or before May 29, 2026, or within such extended period as provided under the terms of the contract. The defect liability period shall be 27 months from the date of completion," it said in a stock exchange filing. -- BERNAMA
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KUALA LUMPUR: Exsim Hospitality Bhd's wholly owned subsidiary, Exsim Concepto Sdn Bhd, has secured a contract worth RM46mil from TotalBuildz Sdn Bhd. In a filing with Bursa Malaysia, Exsim said the contract covers renovation, refurbishment, and interior fit-out works for an 11-storey hotel in Port Dickson. The contract work will commence on May 30, 2025, with overall completion expected within 12 months, no later than May 29, 2026, subject to any extensions allowed under the contract conditions. Exsim expects the contract to contribute positively to its net assets per share, earnings per share and gearing throughout the duration of the contract.
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