14/03/2024
Kuala Lumpur, 13 March 2024 – Following the announcement in BURSA Malaysia on 7 March 2024 regarding EXSIM Hospitality Holdings Sdn Bhd (“EHHSB”) acquiring 65.90% shares in Pan Malaysia Holdings Berhad (“PMHB”), EXSIM Development Sdn Bhd (“EXSIM”) would like to make an official clarification that EXSIM is of a different entity and is not related to EHHSB although the two companies are sharing common shareholders which are Lim Aik Hoe, Lim Aik Kiat and Lim Aik Fu.
For information purposes, EXSIM will continue to focus in property development whereas EHHSB’s nature of business is focusing on hospitality management. In addition, it is not the intention of the shareholders to inject the property development business of EXSIM into PMHB.
For details of any plans by EHHSB and PMHB, kindly refer to the public announcement made or to be made on Bursa Malaysia Securities Berhad’s website.
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Press Release at https://exsim.com.my/press-releases/