Critical Holdings wins RM41mil mechanical and electrical 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 filing with Bursa Malaysia, the engineering services company said the contract was secured via its wholly-owned subsidiary, Critical Sales & Services Sdn Bhd.

Critical Holdings said the contract was obtained from a renowned US based multinational corporation “which offers edge AI deployment, that brings deep-learning to devices with ultra-low-power neural decision processors and hardware-agnostic machine learning models.”

“The aforesaid works are expected to commence and complete by Aug 15, 2025 and Nov 21, 2025 respectively.

“The contract is expected to contribute positively to the earnings and net assets of the company for the financial year ending June 30, 2026,” it said.

Other than the normal operational risks associated with the contracts, Critical Holdings said it does not anticipate any exceptional risks.