PETALING JAYA: MCE Holdings Bhd has secured contracts worth RM34mil to supply various electronics and mechatronic components and parts for new Perodua vehicles.
In a filing with Bursa Malaysia, the company said the supply of these parts is expected to commence in the first quarter of the financial year ending July 31,2022, for a duration of six years, adding that the estimated investment cost will be RM2.2mil.
“The projects will not have any material impact on the earnings of the MCE group for the financial year ending July 31,2020.
The projects are expected to contribute positively to the earnings of the MCE group over a six-year period commencing from financial year ending July 31,2022.”
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