Posted 12/18/2023, 2:08:00 AM
Malaysian Engineering Firm Critical Holdings Soars 63% in Strong Market Debut
- Critical Holdings, a Malaysian engineering firm, had a strong market debut on Monday, with shares closing up 63%
- The company raised $5.54 million through an issuance of over 74 million new shares
- Critical Holdings specializes in design and installation of building systems for data centers and semiconductor facilities
- The company aims to expand further, tapping into demand for new tech infrastructure in Malaysia
- Critical Holdings is based in Penang, Malaysia and trades on Bursa Malaysia's Ace Market for high-growth potential companies