PETALING JAYA: Critical Holdings Bhd
has secured a contract worth RM62.5mil from IJM Corp Bhd to undertake the supply, delivery and installation, testing, commissioning and maintenance of mechanical and electrical services, for a new semiconductor plant at the Batu Kawan Bandar Cassia Technology Park, Prai, Penang.
In a statement, Critical Holdings, a mechanical, electrical and process utilities design and engineering solutions provider, said the plant is owned by a renowned US-based multinational company.
“The contract is expected to be completed by August 2025 and is expected to contribute positively to the earnings and net assets of the company for the tenure of the contract.
In the same statement, Critical Holdings executive director and chief executive officer Tan Si Lim said the contract win falls in line with the group’s growth strategy of taking on more larger projects with a larger value.
The contract win follows on from the company’s recent contract award last month amounting to RM82mil.
