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FINWIRES

EXSIM Hospitality Unit Bags MYR63.5 Million Interior Design Works Deal

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EXSIM Hospitality (KLSE:EXSIMHB) unit Exsim Concepto secured a 63.5 million ringgit contract from Cosmopolitan Avenue to undertake the design and build of interior design works, according to a Thursday Malaysian bourse filing.

Shares slid over 1% in Friday's afternoon trade.

The letter of award covers works scheduled to begin immediately, and be completed by Dec. 31. The contract also includes a 12-month defects liability period following practical completion.

Exsim Hospitality said the project is not subject to shareholder or regulatory approval.

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