Strengthens Presence across Domestic and US Markets with contracts from JVIS, PERODUA, PROTON

KUALA LUMPUR, 23 April 2025 – MCE Holdings Berhad (MCE) today announced it has secured multiple new contracts with a combined value of approximately RM120.67 million.

The contracts were awarded to MCE’s subsidiaries, with Multi-Code Electronics Industries (M) Berhad securing projects from JVIS USA LLC (JVIS) and PERODUA, while MCE Hengtuo Sdn Bhd was awarded the contract from PROTON.

These wins reinforce MCE’s position as a trusted supplier of automotive electronics and mechatronic components to leading automakers at home and abroad.

Strengthens US Market Presence with Follow-On Contract from JVIS

MCE continues to gain traction in its push to grow its export market presence, securing a RM69.59 million supply contract with JVIS, a Michigan-based automotive components supplier serving top-tier global carmakers.

The 60-month contract, which follows an earlier engagement, underscores JVIS’s continued trust in MCE as a long-term supplier and will see MCE supplying mechatronic components for a vehicle model in the US market, with production scheduled to commence in the first quarter of the financial year ending 31 July 2027.

Continued Momentum with Leading National Carmakers

The newly secured domestic contracts include with PERODUA comprise multiple projects valued at approximately RM41.33 million for its two upcoming models, an electric vehicle (EV) and an internal combustion engine (ICE) vehicle.

MCE will supply a range of electronic and mechatronic components, with the EV model running for 36 months starting in Q2 FY2026, and the ICE model over 72 months beginning in Q1 FY2027.

In addition, MCE has secured a 60-month supply contract with PROTON for mechanical and mechatronic parts for a new car model, valued at approximately RM9.75 million. The project will begin in the first quarter of the financial year ending 31 July 2026.

MCE Group Managing Director Dr. Goh Kar Chun <吴佳骏医生> said, “These contracts reflect the trust that leading automakers, both at home and abroad, have placed in MCE to deliver advanced and cost-effective automotive components, even amid a time of heightened volatility and shifting global trade dynamics.”

“Our ability to engineer solutions for a wide range of customer needs, from conventional ICE vehicles to next-generation EVs, and across local and overseas markets, reflects not only the

strength of our in-house expertise, but also our agility in navigating today’s complex operating environment.”

Goh added, “As we continue our journey up the value chain, we remain focused on advancing our research and development capabilities to deliver more sophisticated, future-ready automotive components and systems.”

This focus is also in line with the Government’s aspiration for Malaysia to be a regional hub for next-generation vehicles, as outlined in the National Automotive Policy.

MCE is a leading original equipment manufacturer (OEM) engaged in the engineering, design and manufacturing of automotive electronics and mechatronic parts for the Malaysian and regional markets.