MCE secures RM54.28mil Perodua deal


MCE said the project marks the company’s first vehicle audio display and Adas-related components project for an ICE vehicle.

PETALING JAYA: MCE Holdings Bhd has secured RM54.28mil in 40-month supply contracts from Perodua to supply various automotive electronics and mechatronic components, including audio display, reverse camera and advanced driver assistance systems (Adas)-related components for an internal combustion engine (ICE) model.

In a statement, MCE said the project marks the company’s first vehicle audio display and Adas-related components project for an ICE vehicle, building on its existing capabilities in infotainment systems for electric vehicles and broadening its portfolio of higher-value components and systems.

“The contracts were awarded to MCE’s wholly-owned subsidiary Multi-Code Electronics Industries (M) Bhd, with production slated to begin in the fourth quarter of the financial year ending July 31, 2027.

“Production will be carried out at the group’s newly launched MCE Auto Hub in Serendah, Selangor, with an estimated total investment cost of RM4.95mil,” the statement said.

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