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Critical Holdings Berhad (Malaysia)

Main Activities: Offices of Other Holding Companies
Full name: Critical Holdings Berhad Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company was incorporated in Malaysia under the Companies Act 2016 on 2.6 August 2022 as a private limited company under the name Critical Holdings Sdn. Bhd.. Subsequently on 22 September 2022, the Company was converted to a public limited company and since then, assumed its current name of Critical Holdings Berhad.
The Company is principally engaged in investment holding activities and the principal activities of our Subsidiaries are design and build, project management, supply, installation, testing, commissioning, maintenance and services support of MEP systems and equipment for critical facilities.
2013 - Ir. Tan Si Lim and Ir. Chow Chin Seang acquired the equity interest held by Yang Chee Wan and Ng Teik Hoe in Success Facility Management Sdn Bhd in tranches commencing on 3 October 2013 and was completed on 29 November 2013. During the acquisition, Success Facility Management Sdn Bhd adopted its present name, Critical M E Engineering Sdn Bhd on 30 October 2013. Pursuant to the completion of this acquisition, our Promoters each held 50.00 equity interest in Success Facility Management Sdn Bhd and were appointed as directors, whilst Yang Chee Wan and Ng Teik Hoe resigned from their directorships in Success Facility Management Sdn Bhd accordingly. Yang Chee Wan and Ng Teik Hoe subsequently rejoined our Group and are currently the key senior management of our Group since 2021.
2014 - On 28 January 2014, Critical Control Sdn Bhd (subsequently changed its name to Critical Sales Services on 17 May 2017) was incorporated to enhance our MEP business by venturing into MEP Maintenance and Services for Critical Facilities, as well as provision of data centre solutions, HVAC I ACMV solutions, UPS solutions and AVR solutions.
2017 - On 17 May 2017, Critical Control Sdn Bhd adopted its present name, Critical Sales Services Sdn Bhd. Critical M E secured its first data centre MEP turnkey project from a company which is part of a group of companies under a multinational technology company and having its principal activities in the manufacturing and sales of computer systems and computer related products, importation and distribution of computers, software and related computer accessories, operating a global business support centre to provide various outsourced services globally including information technology, customer contact centre support, global financial services and other related services, at Bayan Lepas Industrial Park, Pulau Pinang to upgrade their existing MEP systems in their Tier II data centre to achieve Tier Ill data centre standards.
2018 - As part of our growth strategy, Critical Sales Services opened a service and support office in Kajang, Selangor to enable our expansion into the central region of Peninsular Malaysia.

2019 - Critical Sales Services was registered with the CIDB as a Grade G5 contractor, thereby allowing us to tender for MEP Engineering Solutions projects with contract value of up to RM5.00 million throughout Malaysia. Critical M E was certified compliant to ISO 9001 :2015 by Business Systems Certification Pty. Ltd. Critical Sales Services was registered with the MOF, thereby allowing us to supply materials and services to Government agencies.
2022 - Critical Sales Services Grade G5 contractor registration with the CIDB was upgraded to Grade G7. The upgrade in registration will allow Critical Sales Services to tender for projects with unlimited contract value throughout Malaysia.

Headquarters
1-2-1, 1-2-2 1-2-3, Jalan Sungai Tiram 8, Summerskye Square
Bayan Lepas; Penang; Postal Code: 11900

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Website: http://www.critical-eng.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2022
Key Executives
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Chairman
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Chief Executive Officer
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Chief Operating Officer
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Secretary
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Secretary
Ownership Details
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Subsidiaries
Critical Sales Services Sdn Bhd
100%
Company Performance
Financial values in the chart are available after Critical Holdings Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
77.74%
Total operating revenue
77.93%
Operating profit (EBIT)
106.53%
EBITDA
102.96%
Net Profit (Loss) for the Period
101.29%
Total assets
169.2%
Total equity
200.07%
Operating Profit Margin (ROS)
1.5%
Net Profit Margin
0.85%
Return on Equity (ROE)
-14.34%
Debt to Equity Ratio
-15.14%
Quick Ratio
0.12%
Cash Ratio
0%

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