IPOMalaysia's Critical Holdings' shares close up 63% in market debut
Interest in engineering firm comes amid demand for data center, chip facilities
Critical Holdings' strong market debut highlights investor confidence in the young company's growing business, which is benefiting from construction of new tech infrastructure like data centers and chip factories in Malaysia. (Nikkei montage/Source photos by Critical Holdings)
TSUBASA SURUGA, Nikkei staff writer
December 18, 2023 11:08 JST
Updated on December 18, 2023 19:09 JST
SINGAPORE -- Critical Holdings, a Malaysian engineering firm specializing in design and installment of building systems, aims to step up its expansion drive following a strong market debut on Monday, tapping a surge in demand for data centers and semiconductor facilities.