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Proton awards MCE with RM52m electronics contract

MCE Holdings, a leading provider of automotive electronic and mechatronic components, has recently made headlines with the announcement of securing contracts from Proton worth approximately RM52.13 million. This significant deal was awarded to MCE’s subsidiary, Multi-Code Electronics Industries, and is set to span over 60 months, with the supply of various parts for Proton vehicles commencing in the first quarter of the financial year ending July 31, 2026.

The specific components that MCE will be supplying to Proton include the front reading lamp, rear reflector, and pull cup handle assembly. While the exact Proton model(s) for which these parts will be utilized were not disclosed, the magnitude of this contract underscores the trust and confidence that Proton has in MCE’s design and manufacturing capabilities.

In a statement regarding the contract win, MCE group Managing Director, Goh Kar Chun, expressed pride in the company’s ability to secure such a significant project through a competitive tender process. He emphasized that MCE’s commitment to delivering high-quality and cost-efficient technology solutions has positioned the company as a preferred partner for leading automakers in the industry.

Furthermore, Goh Kar Chun highlighted MCE’s ongoing efforts to enhance its offerings in the automotive electronics manufacturing value chain. The completion of the new MCE Auto Hub plant by early 2025 is expected to further strengthen the company’s capabilities in designing and developing sophisticated electronic components and systems. This strategic investment will enable MCE to meet the increasing demand for next-generation vehicles both locally and internationally.

In addition to the Proton contract, MCE recently announced its involvement in supplying parts to Perodua for Rawang’s first electric vehicle (EV) project. The components to be provided to Perodua include the head unit, instrument cluster, advanced driver assistance system (ADAS), switchgear, and interior lighting, with production expected to commence in the fourth quarter of 2025. This RM19.6 million contract further solidifies MCE’s position as a key player in the automotive electronics industry.

As a Bursa Malaysia-listed company, MCE is recognized for its expertise in engineering, designing, and manufacturing automotive electronics and mechatronic parts for both Malaysian and regional markets. With a workforce of 350 employees and its primary facility located in Johor Bahru, MCE is actively expanding its product offerings to include advanced driver assistance systems (ADAS), camera systems, and infotainment solutions to meet the evolving needs of the automotive industry.

In conclusion, MCE Holdings‘ recent contract wins with Proton and Perodua underscore the company’s commitment to innovation, quality, and customer satisfaction in the automotive electronics sector. With a strong focus on expanding its capabilities and product offerings, MCE is well-positioned to capitalize on the growing demand for cutting-edge automotive technologies in the domestic and international markets.

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