CHB

2.510

+0.04 (+1.6%)

OTHERS CRITICAL HOLDINGS BERHAD ("CRITICAL" OR "THE COMPANY") EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING OF THE COMPANY ("IPO")

CRITICAL HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description 
CRITICAL HOLDINGS BERHAD ("CRITICAL" OR "THE COMPANY")

EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING OF THE COMPANY ("IPO")

The Board of Directors of Critical wishes to announce that on 13 October 2026, the Company has deliberated and resolved to extend the utilisation period from the remaining IPO Proceeds allocated for Expansion of Sales and Technical Team and Capital Expenditure amounting to approximately RM2.9 million for an additional 12 months from 18 December 2026 to 17 December 2027.

 

None of the Directors and/or major shareholders of Critical and/or persons connected to them have any interest, direct or indirect in relation to the above.

 

The Board is of the opinion that this will not have any material effect on the financial performance of Critical Group and is in the best interest of the Company and its shareholders.

 

This announcement is dated 13 October 2026.



Announcement Info

Company Name CRITICAL HOLDINGS BERHAD
Stock Name CHB
Date Announced 13 Oct 2026
Category General Announcement for PLC
Reference Number GA1-13102026-00046


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