Exsim Hospitality bags RM45mil job


PETALING JAYA: Exsim Hospitality Bhd has secured a RM45mil contract from AmFIRST Real Estate Investment Trust (AmFIRST-REIT) for the execution, construction and completion works of a 17-storey hotel with three basement levels known as Summit Hotel USJ.

In a filing with Bursa Malaysia, the company said its wholly-owned subsidiary EXSIM Concepto Sdn Bhd has accepted the letter of award dated May 19, 2026 awarded by Maybank Trustees Bhd, acting as trustee for AmFIRST-REIT.

The contract will commence on May 22, 2026 and will be completed in three phases. Phase 1A entails the common area and architectural works which are expected to be completed by Oct 28, 2026.

Phase 1B involves 183 units of guest room work, while Phase 2 entails 149 units of guest room work.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit’s RM306bil hidden tailwind?
Rohas wins RM42mil TNB deal
SMEs to gain from Alliance Bank, CGC tie-up
PETRONAS signs 20-year LNG deal with Japan’s JERA
Amway Malaysia appoints Leng Kek Mun as MD
Former Karex CFO charged with insider trading
Boost in CPO production a boon for plantation sector
Pentech upbeat on prospects amid digitalisation push
M’sia risks missing deficit goals on subsidy pressures
Ann Joo sells land in Kedah for RM120mil

Others Also Read