MCE Bags RM23.29 Mln Contracts To Supply Automotive Electronic Components To US Company
KUALA LUMPUR, Oct 14 (Bernama) -- MCE Holdings Bhd unit, Multi-Code Electronics Industries (M) Bhd, has secured contracts worth RM23.29 million from a US-based automotive components supplier to supply automotive electronic components.
The company said the contract involved the supply of automotive electronic components, including display electronic control units (ECUs), for a US vehicle programme over a period of 60 months, commencing in financial year 2027.
"The project is expected to generate total revenue of approximately RM23.294 million for the MCE Group over the 60-month supply period, with an estimated total investment cost of approximately RM754,000," it said in a stock exchange filing.
In a separate statement, MCE managing director Dr Goh Kar Chun said “the project strengthens our foothold in the US market and adds to our pipeline of long-term programmes, supporting more sustainable revenue growth.”
“It is also a testament to the growing competitiveness of Malaysian-engineered automotive electronics and our ability to meet the demanding standards of international carmakers," he added.
MCE is an automotive supplier specialising in the design, engineering and manufacturing of automotive electronics and mechatronic components, with a global footprint spanning Japan, India and exports spanning Asia, the Americas, the Middle East and Australia.
-- BERNAMA