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Exsim Hospitality Bhd has secured a new contract through one of its subsidiaries for interior design works. The unit has accepted a letter of award from Cosmopolitan Avenue for a project valued at RGT 63.5 million. The latest order is expected to strengthen the company's order book and support its ongoing business activities. Exsim Hospitality has been actively involved in hospitality-related projects, with interior fit-out and design works forming an important part of its operations alongside its broader construction and property-related business.
Exsim Hospitality Bhd has secured a new project after one of its subsidiaries accepted a letter of award from Cosmopolitan Avenue for interior design works.
The contract has been awarded at a value of RGT 63.5 million, adding a significant project to the company's existing portfolio. While the announcement confirmed the contract value and the scope of work, it did not disclose further details such as the project location, timeline for execution, or expected completion schedule.
The latest contract is expected to contribute to the group's order book and support its revenue visibility as work progresses over the contract period.
Exsim Hospitality, through its subsidiaries, undertakes hospitality-related projects, including interior fit-out and design works. The company has continued to pursue new contracts as part of its strategy to expand its project pipeline and strengthen its presence in the sector.
The award also reflects continued demand for interior design and fit-out services within the hospitality and property segments, where developers have remained focused on completing and upgrading commercial and hospitality assets.
Source Reuters
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