Critical Holdings Bhd has secured an engineering, procurement and construction (EPC) contract worth RM772.49 million for the development of a state-of-the-art industrial facility at Kulim Hi-Tech Park in Kedah.
In a filing with Bursa Malaysia, the group said the project involves the construction of a high-technology automated storage and retrieval system (ASRS) warehouse, along with supporting infrastructure for a major industrial development within the park.
The contract was awarded by a “renowned US-based multinational corporation” that supplies wafer fabrication equipment and related services to the global semiconductor industry.
The company said construction works are scheduled to commence on June 15, 2026, with completion targeted for Dec 15, 2027.
According to Critical Holdings, the project is expected to contribute positively to the group’s earnings and net assets for the financial years ending June 30, 2027, and June 30, 2028, reflecting the project’s scale and execution timeline.
The latest win further strengthens the group’s order book position, which currently stands at approximately RM1.06 billion, providing greater earnings visibility over the medium term.
The contract also reinforces Critical Holdings’ exposure to the fast-growing semiconductor ecosystem in Malaysia, particularly in high-value industrial infrastructure development supporting global technology supply chains.
