Betamek lands RM176mil Perodua deal


PETALING JAYA: Betamek Bhd’s wholly-owned subsidiary, Betamek Electronics (M) Sdn Bhd (BESB), has received a letter of appointment from Perusahaan Otomobil Kedua Sdn Bhd (Perodua) to supply electronic parts for Perodua’s new vehicle model.

The electronics manufacturing services or EMS provider said the supply of components had commenced in the third quarter of the financial year ending March 31, 2026. Pursuant to the letter of award, the contract period spans six years, commencing from Dec 16, 2025.

“The six-year project period is expected to generate approximately RM176mil in revenue for the group,” Betamek said in a statement.

It said the contract improved production visibility, supported economies of scale and strengthened Betamek’s earnings outlook as Perodua ramps up new models with more advanced electronics and integrated systems.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bursa Malaysia ends lower on caution over rising oil prices, West Asia tensions
Orkim unit acquires new oil and chemical tanker for RM97mil
BIMOffice makes strong LEAP Market debut, eyes digital construction growth
Brent oil heads for record month, stocks in limbo
Capital A plans to exit PN17 after four consecutive profitable quarters - Tony Fernandes
Media Chinese to dispose of Canadian property for RM29mil
AirAsia expects modest fare hikes but maintains low-cost positioning
SME Corp to enhance MSME's role in JS-SEZ
Maybank completes inaugural on-chain tokenised forex and cross-border payment in pilot project
ACE Market-bound 5E Resources aims to raise RM79.2mil from IPO

Others Also Read