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