MCE Holdings Berhad has announced that its wholly owned subsidiaries, Multi-Code Electronics Industries (M) Berhad had secured an overseas contract to supply various electronic and mechatronics parts for a new electric motorcycle model by the client.
The contract entails for the group to supply these parts starting in the 2nd quarter of 2023 for a duration of 3 years.MCE said the project is expected to generate total revenue of approximately RM18.81 million for the group over the 3-year period.
The Project is expected to contribute positively to the earnings of the MCE Group over a 3-year period commencing from the financial year ending 31 July 2023.
MCE become a leading Original Equipment Manufacturer specialising in the full spectrum of design, manufacture, and supply of automotive electronics and mechatronics parts for the Malaysian and regional markets.