Critical Holdings secures RM65 million in cleanroom contracts
The works in northern Peninsular Malaysia are scheduled for completion by March 31, 2027. The multinational customer was not named.
Critical Holdings Bhd has won RM65 million worth of contracts for cleanroom engineering, procurement and construction through its wholly owned subsidiary, Critical Sales & Services Sdn Bhd. In a Bursa Malaysia filing on Nov 10, the group said the awards came from a multinational corporation for works in northern Peninsular Malaysia.
The subsidiary will design and build a new cleanroom production floor, then undertake testing and commissioning. The scope covers cleanroom architectural systems alongside mechanical, electrical and process utilities. Critical Holdings expects the contracts to support earnings and net assets in its financial year that ends on June 30, 2027.
The group’s other awards this year include a June contract worth RM772.49 million for a high-technology industrial facility at Kulim Hi-Tech Park in Kedah. That project includes supporting infrastructure and an automated storage and retrieval warehouse, with completion scheduled for Dec 15, 2027.
In October, the group said scope changes had lifted a separate Kulim Hi-Tech Park cleanroom contract from RM152.59 million to RM226.68 million. It also secured a RM34.97 million cleanroom production floor contract in February for a manufacturing plant in Penang’s Batu Kawan Industrial Zone.
Critical Holdings shares ended trading on Nov 10 at RM2.22, down three sen or 1.33%. Its market capitalisation stood at RM907.79 million.
