MCE Holdings Bhd has secured RM54.28 million in 40-month supply contracts from Perodua to provide 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 further 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,” the statement said.
Production will be carried out at the group’s newly launched MCE Auto Hub in Serendah, Selangor, with an estimated total investment cost of RM4.95 million, marking a significant expansion of the company’s manufacturing capabilities to support this latest contract win.
The contract award represents a strategic milestone for MCE as it continues to diversify beyond its traditional strength in electric vehicle infotainment systems, positioning the company to capture a broader share of the automotive electronics market by extending its expertise into internal combustion engine vehicles as well. This move aligns with the group’s broader strategy of expanding its product offerings and strengthening its position as a key supplier within Malaysia’s growing automotive components industry.
