star899stncws, From where you got the news ? How sure are you ? Sometimes a company might not want to go through the tedious procedures of IPO and use another company taken -over as a listing vehicle instead. Of course the decision is entirely up to EXSIM.
star899As I said it is up to EXSIM's decision whether to inject the properties. In that case, then see how the Lim brothers turn around the PM Holding to a much profitability as they also have experience in the hospitality sector.
14/03/2024 2:57 PM
star899That's the integrity of EXSIM to let investors know earlier that it has no intention to inject the properties into PM Holding.
14/03/2024 3:07 PM
xuxuNow it is no hope unless Exism come out any good announcement relate to Pmholding
star899New Straits Times March 7, 2024. EXSIM pays RM36.73 mil to buy large chunk of Pan Malaysia to grow its Airbnb business ---------------------------------------------------- "According to a spokesperson from EXSIM, the share acquisition in PM Holding is part of a larger strategy to expand its hospitality business.
The property developer has been venturing into short term accommodation in the KLCC ( Kuala Lumpur City Center) area since 2018/2019, the spokesperson said.
EXSIM aims to grow its short-term stay business seeing significant potential in this real estate segment. "
15/03/2024 1:03 AM
star899From part of the New Strait Times report, EXSIM has about 5 years of experience in short-term accommodation business which PM Holding can leverage on. In other words, EXSIM would turn around the profitability of PM Holding in due course, with EXSIM'S prudent management and capability. Moreover, EXSIM would play a prominent role in the promotion of tourism industry in Malaysia.
WarrenBuffet8888Guys, dont forget PMH is still lossing making company , it has gone up more than 5 fold , so it is time to let the dust settle down . Plus exism is not going to inject property arm. Can have a look on Rexit . I believe this is the stock will go like genetec , comcorp or hextech . Q1 24 performance has surpass half year of FY 23. A new management on board , with solid back ground and diverse experience will bring the company to new high . Invest in early stage , can study about the new management backgroup , the new chairman , deputy chairman and coo is top in the country
15/03/2024 9:51 PM
chinkyliQuite interesting, I'm sure Exsim has a business plan to develop their hospitality sector and purchasing Pan Malaysia Holding was a strategic plan.
Exsim is a very well reputable company. I've seen them strategically help Mammoth (Empire City owner) who was heavily in debt and took the opportunity to purchase land at a discounted price and develop the area.
Hopefully, this is a similar situation in order to strengthen the Lim Brothers Empire.
16/03/2024 2:58 PM
star899EXSIM must have seen the ",great potential" in short term stay accommodation business, otherwise it wouldn't simply venture into it. It has more than 4 years of experience in this line of business at KLCC area.
17/03/2024 2:11 PM
star899It is fortunate for PM Holding to come under wings of EXSIM which would breathe new life into PM Holding and help PM Holding get out of the old ruts.
17/03/2024 3:58 PM
TomyamGongExsim might having another great plan. Just let the dust settle down first. Don't need to be rush.
17/03/2024 4:56 PM
paktua73as paktua was set today maanage reload for final stage B-57 at rm0.18..
star899From the above download by Victorshen : 1) notice the words in honor of EXSIM, the "renowned developer" 2) the awards of recognitions given to EXSIM and its Managing Director, Mr Lim Aik respectively in 2015, 2017, 2022 and 2023.
star899Now, you should be convinced as to how popular is EXSIM in the property sector..
18/03/2024 2:19 PM
star899My point is that as a token of appreciation, most likely those owners of the EXSIM properties would be the patrons of the short term accommodation managed by and recommended by EXSIM.
18/03/2024 2:29 PM
monreyesbuy while still cheap...spill over from parent company mesti ada..
18/03/2024 3:49 PM
star899@loban, PM Holding belongs to EXSIM. So let's talk about PM Holding and EXSIM . I think we should have the main dish , not too many rojak , otherwise cannot digest.
18/03/2024 3:52 PM
InvestzThe price will drop to below 0.13 soon. Dont ask me why. 😂😂
18/03/2024 5:30 PM
star899PM Holding, one of the top active stocks. Strong support noted !!!
18/03/2024 6:24 PM
chon99@Investz 😀😀 One day the investors of EXSIM............... (Formerly known as PM Holding ) will smile on their way to the banks.
Remember that PM Holding will have a new chairman soon. PM Holding will be revitalized under the " new" leadership of EXSIM.
19/03/2024 4:10 AM
monreyesExsim awarded project to Comcorp@Binastra now share price gone up non stop.
19/03/2024 4:13 AM
star899Let's pay more attention to PM Holding where this forum belongs. Don't let our minds distracted by other irrelevant noices and get carried away.
19/03/2024 10:23 AM
izoklseWelcome to the powerful EXSIM group. Bright future for PM Holding .
star899lobangking, If you think those counters so good, then stick to them !
19/03/2024 1:50 PM
star899Back to our PM Holding, the EXSIM power !!!
19/03/2024 1:51 PM
star899I think EXSIM would want the investors to make profit by the investment in PM Holding. That's a win win scenario. If the investors in PM Holding made profits, very likely would have the fun and mood to try the short term stay accommodation managed by EXSIM during the vacations.
That's why I will invest in PM Holding while the price is still low and wait for their plans to be announced gradually !!!
I don't think EXSIM would let PM Holding remain in the doldrums for too long.
Don't you think so ?
19/03/2024 2:39 PM
star899Today PM Holding closing price RM0.195. Hopefully tomorrow gap up.
19/03/2024 8:07 PM
paktua73morning.. after last loaded now paktua hold full in here.. laa simpan buat perkasam bulan june.. hope can break new high...
tut tut come joined paktua swing team.. sent request at tele @swingdarkred73
20/03/2024 11:16 AM
BuyDipJust so you guys know that the hospitality business is not small. Their modus operandi has always been about developing investment properties in strategic locations and selling them as investment units. They have a management company to lease back these units from the buyers and market it for homestay. The average occupancy rate for all these properties are above 80% at any given month. There are also other businesses like F&B and marts that would likely also be part of their hospitality business. This could possibly be a REITs play which makes a lot of sense.
20/03/2024 6:58 PM
star899EXSIM' s investment in PM Holding for RM36.73 Million for a majority stake is not a small sum. The trio Lim brothers must have made a thorough analysis and feasibility study before the acquisition..
20/03/2024 7:52 PM
paktua73yes today pm holding make abit rally... paktua now in good position here
paktua73morning all paktua now play new born counter.. let joined paktua on good hot new born stock..
paktua back pick new hot counter for march till june..
so paktua n team we will focus on 1-Mtec paktua target minimum rm1.25 (main target rm1.43) 2-KJTS paktua target rm0.93 3-Hegroup Paktua target rm0.70 4-Zantat paktua target rm0.70
set from 21hb march 24.till 7hb june 24..
come joined paktua Swing team.. let we fight together
tut tut come joined paktua swing team.. sent request at tele @swingdarkred73
01/04/2024 9:53 AM
TheSatanDo you all see the "Unconditional mandatory take-over offer"?
Andy2378TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) PAN MALAYSIA HOLDINGS BERHAD
Type Announcement Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A)) Description PAN MALAYSIA HOLDINGS BERHAD ("PMHB") RECEIPT OF NOTICE OF UNCONDITIONAL MANDATORY TAKE-OVER OFFER FROM AMINVESTMENT BANK BERHAD ON BEHALF OF EXSIM HOSPITALITY HOLDINGS SDN BHD The Board of Directors of PMHB ("Board") wishes to announce that the Board has on 7 March 2024 received a notice of unconditional mandatory take-over offer ("Notice") from AmIvestment Bank Berhad on behalf of Exsim Hospitality Holdings Sdn Bhd (the “Offeror”) to acquire all the remaining ordinary shares in PMHB not already owned by the Offeror, Lim Aik Hoe, Lim Aik Kiat and Lim Aik Fu (collectively referred to as the “Joint Ultimate Offerors”) (“Offer Share(s)”) for a cash consideration of RM0.06 per Offer Share (“Offer”).
