• The contract, slated for completion by Dec 7, 2026, covers the supply, delivery, installation, testing, commissioning, warranty and maintenance of mechanical systems.

KUALA LUMPUR (Dec 11): Critical Holdings Bhd (KL:CHB) has bagged a RM40.8 million contract to undertake mechanical and electrical works for a data centre project in Bukit Jalil.

In a filing with Bursa Malaysia, the group said its customer is a leading vertically integrated construction company listed on the Main Market.

The contract, slated for completion by Dec 7, 2026, covers the supply, delivery, installation, testing, commissioning, warranty and maintenance of mechanical systems.

The group added that the contract is expected to contribute positively to the earnings and net assets of the company for the financial year ending June 30, 2026 (FY2026).

Shares of Critical Holdings closed unchanged at 85 sen on Thursday, valuing the company at RM316 million.

The stock has soared 143% compared to its initial public offering price of 35 sen when it was listed on the ACE Market of Bursa Malaysia in December 2023.

Unlock Malaysia’s shifting industrial map. Track where new housing is emerging as talents converge around I4.0 industrial parks across Peninsular Malaysia. Download the Industrial Special Report now.

SHARE
RELATED POSTS
  1. Gemas-Johor Bahru electrified double-track line launched, revolutionising national transport
  2. Chin Hin says it sold about RM60m worth of Signature International shares over last four months
  3. Ho Hup seeks fresh court order to formulate scheme of arrangement