11-08-2025
Critical Holdings wins RM41mil job
PETALING JAYA: Critical Holdings Bhd has secured a contract worth RM40.76mil to undertake mechanical and electrical works for a new production floor fit up, including cleanroom architecture and process utilities.
In a Bursa Malaysia filing, the engineering services company said the contract was secured via its wholly-owned subsidiary Critical Sales & Services Sdn Bhd.
The contract was obtained from a US-based multinational corporation 'which offers edge artificial intelligence deployment, that brings deep-learning to devices with ultra-low-power neural decision processors and hardware-agnostic machine learning models.'
The works would commence and completed by Aug 15, 2025 and Nov 21, 2025, respectively, and are expected to contribute positively to the earnings and net assets of the company for the financial year ending June 30, 2026, it said.
