KUALA LUMPUR: MCE Holdings Bhd
’s wholly owned subsidiary, Multi-Code Electronics Industries (M) Bhd has secured contracts to supply various electronic and mechatronics parts for Proton new car model.
“The project is expected to generate total revenue of approximately RM13.24mil for MCE Group over the 35 months period whilst the estimated total investment cost is RM610,000,” MCE said in a filing with Bursa Malaysia.
The manufacturer and supplier of automotive electronics and mechatronics parts said the supply of these parts was expected to commence in the first quarter of the financial year ending July 31, 2024 for a duration of 35 months.
“The project is expected to contribute positively to the earnings of the MCE Group over a 35 months period commencing from the financial year ending July 31, 2024,” it said.
