MCE secures RM23mil supply contracts from US-based client
KUALA LUMPUR: MCE Holdings Bhd has secured new contracts worth approximately RM23.29 million to supply automotive electronic components to a US-based automotive components supplier for the US market.
MCE Holdings Bhd has secured contracts worth around RM23.29 million to supply automotive electronic components to a US-based supplier for the US market. The contracts, awarded to its wholly-owned subsidiary MCE Industries (M) Bhd, involve delivering components like display electronic control units for a US vehicle program over 60 months.
This move bolsters MCE's presence in the US market and adds to its pipeline of long-term projects, promoting stable revenue growth, said MCE Group Managing Director Datuk Wira Dr Goh Kah Chun. The company invested RM754,000 for the venture, with the potential revenue depending on actual order quantities, program and production schedules, market demand, and other factors.
MCE is a Malaysian Tier-1 automotive supplier specializing in designing, engineering, and manufacturing automotive electronics and mechatronic components, with operations in Japan, India, and exports to Asia, the Americas, the Middle East, and Australia.
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