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Exsim Hospitality Unit Bags MYR45 Million Construction Contract for Summit Hotel USJ

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Exsim Hospitality (KLSE:EXSIMHB) unit EXSIM Concepto secured a 45 million ringgit construction works contract, according to a Wednesday Malaysian bourse filing.

Shares gained about 2% in Thursday's midday trade.

The letter was awarded by AmFIRST REIT's trustee Maybank Trustees for construction works at Summit Hotel USJ.

The project covers the execution and completion of a 17-story hotel with three basement levels, including architectural works and guest room fit-outs across multiple phases.

Construction is scheduled to begin on May 22, 2026, with phased completion extending through the end of 2026, it said.

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