Pan Malaysia Proposes Name Change And Business Diversification

泛马来西亚建议更名并进行业务多元化

Pan Malaysia Holdings Berhad announced its intention to diversify its business to include interior design and fit-out business activities and change its name from Pan Malaysia Holdings Berhad to Exsim Hospitality Berhad.

To recap, PMHB operates a 200-room resort hotel under its own-and-operate business model, namely, Corus Paradise Resort Hotel located in Port Dickson, Negeri Sembilan. The Company had on 8 March 2024 announced the change in major shareholder arising from the disposal of 612,123,222 ordinary shares in PMHB or 65.9% equity interest by the substantial shareholders, namely Loyal Design Sdn Bhd, MUI Media Ltd and Megawise Sdn Bhd to Exsim Hospitality Holdings Sdn Bhd.

EHHSB in turn is ultimately owned by Lim Aik Hoe, Lim Aik Kiat and Lim Aik Fu. All three individuals also own the EXSIM property development group of companies. The Company has also recently expanded into the management of property units owned by third party owners which are subsequently rented out to guests for short-term stay. The group said the business model is meant to reflect a newer hospitality model which has grown in demand in recent years.

This new Fit Out Business is seen to be immediately complementary to its existing businesses namely under its own-and-operate business model and Hospitality Operator Model as it provides greater control over the quality, design language, fixture and fit-out as well as the associated refurbishment costs for all rooms under its hospitality business.

The Proposed Change of Company Name to Exsim Hospitality will enforce and reflect its current business in the hospitality industry whilst leveraging on the "EXSIM" brand which has been established by the new owners who have over 15 years of experience in the property development business each.

Based on the unaudited financial statements for the financial year ended 30 June 2024, PMHB recorded a loss of approximately RM13.3 million on the back of revenue of RM5.7 million mainly due to a one-off impairment loss of roughly RM9.3 million on an amount owing by an associate.

泛马申业集团宣布其计划将其业务多元化，包括室内设计和装修业务，并将其名称从泛马申业集团更改为Exsim Hospitality Berhad。

简单回顾一下，PMHb采用自营模式运营一家200间客房的度假酒店，即Corus Paradise Resort Hotel，位于森美兰州的Port Dickson地区。2024年3月8日，该公司宣布由主要股东Loyal Design Sdn Bhd、MUI Media Ltd和Megawise Sdn Bhd出售了612,123,222股PMHb普通股，即占65.9%的股权，转让给了Exsim Hospitality Holdings Sdn Bhd。

EHHSb反过来受Lim Aik Hoe、Lim Aik Kiat和Lim Aik Fu全权拥有。这三个人还拥有EXSIm房地产开发集团。该公司最近还扩展到了由第三方业主拥有并将其出租给短期出租的客人的物业单元的管理。集团表示，这种业务模式旨在反映出近年来需求增长的新型酒店模式。

新的装修业务被视为立即与其现有业务互补，包括自营业务模式和酒店运营商模式，因为它提供了对酒店业务中所有客房的质量、设计语言、装修和相关翻新成本的更大控制。

计划更名为Exsim Hospitality将加强并反映其当前在酒店业的业务，同时利用由新业主建立的“EXSIM”品牌，这些新业主在房地产开发业务方面各自拥有超过15年的经验。

根据截至2024年6月30日的未经审计财务报表，PMHb因与一家联营公司欠款相关的一次性减值损失约合1,330万马币，在570万马币的营业收入下录得亏损，主要是由于该欠款。

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。更多信息

Pan Malaysia Proposes Name Change And Business Diversification

Pan Malaysia Proposes Name Change And Business Diversification

风险及免责提示

声明