MCE unit bags three-year supply contract

PETALING JAYA: MCE Holdings Bhd’s wholly owned subsidiary, Multi-Code Electronics Industries (M) Bhd, has secured an overseas contract to supply various electronic and mechatronics parts for new electric motorcycle model

In a filing with Bursa Malaysia yesterday, MCE stated the supply of these parts is expected to commence in the second quarter of the financial year ending July 31, 2023 and be for a duration of three years.

The project is expected to generate total revenue of RM18.81mil over the period and contribute positively to the earnings of the MCE group commencing from the financial year ending July 31, 2023.