Exsim Hospitality Bhd (EHB) has secured a sub-contract valued at RM42.48 million from Taghill Projects Sdn Bhd for a building services and general building works project. The agreement, announced on September 15, 2026, involves the supply, delivery, installation, testing, and commissioning of building services.
According to a filing with Bursa Malaysia, the contract commenced on the same date and is scheduled to be completed by September 15, 2028, giving the project a duration of 24 months.
EHB stated that the contract is expected to have a positive impact on its financial metrics, including net assets per share, earnings per share, and gearing throughout the period of the sub-contract works. The company also noted that it does not anticipate any risks beyond the usual operational challenges typically associated with such contracts.
The project represents a significant addition to EHB’s portfolio, reinforcing its presence in the construction and building services sector. Details regarding the exact scope or location of the project beyond the contract description were not disclosed.
