Tuesday 01 Oct 2024
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KUALA LUMPUR (Sept 30): Critical Holdings Bhd's (KL:CHB) wholly owned subsidiary Critical M&E Engineering Sdn Bhd has been awarded an RM82 million contract from a multinational company (MNC) headquartered in the US.

In a filing with Bursa Malaysia, the mechanical, electrical and engineering solutions company said the contract is to undertake mechanical and electrical-related fit-out, cleanroom and interior design works for a three-storey office building, and a one-storey production and warehouse at Pasir Gudang, Johor Bahru.

The contract works are expected to be completed over 16 weeks on project commencement, the filing read.

It is expected to contribute positively to the earnings and net assets of the company for the financial year ending June 30, 2025. 

Executive director and chief executive officer Tan Si Lim said the award is the single largest contract win to date, and will swell its order book to RM204 million.

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