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Exsim Hospitality unit secures INR 138 million subcontract from Binastra Builders

#International News#Malaysia
Last Updated : 22nd Apr, 2026
Synopsis

Exsim Hospitality Bhd has confirmed that one of its units has accepted a letter of award from Binastra Builders for nominated subcontract works valued at 138 million RGT. The contract covers mechanical and electrical systems along with other related works. The development reflects the company’s continued participation in construction-linked hospitality infrastructure. Such contracts typically support backend systems critical to project completion. The company has not disclosed further timelines or project specifics, but the order adds to its existing portfolio of ongoing works in the region.

Exsim Hospitality Bhd has stated that its unit has accepted a letter of award issued by Binastra Builders in the past week for nominated subcontract works. The contract value stands at 138 million RGT.


The scope of work includes mechanical and electrical systems along with other associated components required for project execution. These systems are a key part of construction projects as they support core infrastructure such as power supply, ventilation, and operational efficiency.

The company indicated that the award was formally dated April 15. While detailed timelines and project location were not disclosed, such subcontracting agreements typically form part of larger development projects handled by the main contractor.

Exsim Hospitality has been involved in similar contracts in the past, focusing on hospitality-linked developments and infrastructure support works. The latest order adds to its existing pipeline and reflects continued activity in the construction and engineering segment.

Binastra Builders, as the main contractor, is responsible for overall project execution, while nominated subcontractors like Exsim’s unit handle specialised portions of the work.

Source Reuters

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