EXSIMHB

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MULTIPLE PROPOSALS EXSIM HOSPITALITY BERHAD ("EHB" OR "COMPANY") (I) RIGHTS ISSUE WITH WARRANTS; AND (II) ACQUISITION (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

EXSIM HOSPITALITY BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
EXSIM HOSPITALITY BERHAD ("EHB" OR "COMPANY")

(I)	RIGHTS ISSUE WITH WARRANTS; AND
(II)	ACQUISITION

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

(Unless otherwise stated, all abbreviations used herein shall have the same meanings as those defined in the Company’s abridged prospectus in relation to the Rights Issue with Warrants dated 24 November 2025 (“Abridged Prospectus”))

 

We refer to the announcements dated 28 February 2025, 24 April 2025, 25 April 2025, 21 July 2025, 31 July 2025, 7 November 2025, 10 November 2025, 11 November 2025, 21 November 2025 and 24 November 2025 in relation to the Proposals.

 

On behalf of the Board, AmInvestment Bank and Maybank IB wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on 9 December 2025 (“Closing Date”), EHB had received valid acceptances and excess applications for 1,858,758,920 Rights Shares with Warrants, representing an oversubscription of 465,457,804 Rights Shares or approximately 33.41% over the total number of 1,393,301,116 Rights Shares with Warrants available for subscription under the Rights Issue with Warrants.

 

The details of the valid acceptances and excess applications received as at the Closing Date are as follows:

 

  No. of Rights Shares % of total Rights Shares available for subscription
Total valid acceptances 1,342,711,978 96.37
Total valid excess applications 516,046,942 37.04
Total valid acceptances and excess applications 1,858,758,920 133.41
Total Rights Shares with Warrants available for subscription 1,393,301,116 100.00
Over-subscription 465,457,804 33.41

 

As set out in Section 10.9.1 of the Abridged Prospectus, the Excess Rights Shares have been allocated in the following order of priority:

  1. firstly, to minimise the incidence of odd lots;
     
  2. secondly, for allocation to the Entitled Shareholders who have applied for the Excess Rights Shares on a pro-rata basis and in board lots, calculated based on their respective shareholdings in the Company as per their CDS Accounts as at the Entitlement Date;
     
  3. thirdly, for allocation to the Entitled Shareholders who have applied for the Excess Rights Shares on a pro-rata basis and in board lots, calculated based on the quantum of their respective Excess Rights Shares applied for; and
     
  4. finally, for allocation to the renouncee(s)/transferee(s) of the Entitled Shareholders (if applicable) who have applied for the Excess Rights Shares on a pro-rata basis and in board lots, calculated based on the quantum of their respective Excess Rights Shares applied for.

For the Excess Rights Shares which remain unallocated after steps (i) to (iv) have been carried out, steps (ii), (iii) and (iv) have been repeated in the same sequence to allocate such remaining Excess Rights Shares.

 

The Rights Shares and Warrants are expected to be listed and quoted on the Main Market of Bursa Securities on 23 December 2025.

 

This announcement is dated 15 December 2025.






Announcement Info

Company Name EXSIM HOSPITALITY BERHAD
Stock Name EXSIMHB
Date Announced 15 Dec 2025
Category General Announcement for PLC
Reference Number GA1-15122025-00009