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	<title>Press Release &#8211; MCE</title>
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	<title>Press Release &#8211; MCE</title>
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		<title>MCE Delivers RM4.1 Million PATAMI in 1Q FY2026, Maintains Margin Resilience</title>
		<link>https://multicode.com.my/2025/12/18/mce-delivers-rm4-1-million-patami-in-1q-fy2026-maintains-margin-resilience/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Thu, 18 Dec 2025 00:00:08 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2186</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">December 18, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE Delivers RM4.1 Million PATAMI in 1Q FY2026, Maintains Margin Resilience</h2>				</div>
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									<p class="p2"><b>KUALA LUMPUR, 18 DECEMBER 2025 – MCE HOLDINGS BERHAD (&#8220;MCE&#8221; </b>or the <b>&#8220;Company&#8221;)</b>, today announced its financial results for the first quarter ended 31 October 2025 (“1Q FY2026”).</p><p class="p2">MCE and its subsidiaries (the “MCE Group” or the “Group”), are an Original Equipment Manufacturer (“OEM”) with in-house design and development capabilities, specialising in automotive electronics and mechatronic components.</p><p class="p2">For the first quarter ended 31 October 2025, the Group recorded consolidated revenue of RM39.519 million, a 4.59 percent decrease compared to the corresponding quarter of the previous year. Profit after tax and minority interest (“<b>PATAMI</b>”) for the quarter amounted to RM4.104 million, compared with RM4.827 million in the corresponding quarter of the previous year.</p><p class="p2">The performance for the quarter reflects a temporary transition in customer production cycles, including a major customer’s plant relocation and the conclusion of a legacy model programme, with contributions from new programmes yet to commence during the reporting period.</p><p class="p2">On a quarter-on-quarter basis, the Group recorded a pre-tax profit of RM5.556 million, up from RM5.317 million in the preceding quarter, with pre-tax profit margin improving to 14.07 percent from 13.26 percent. In spite of the higher preparatory costs related to the commissioning of the MCE Auto Hub, the performance reflects improved operating efficiency during the quarter.</p><p class="p2">Group Managing Director of MCE, <b>Dr Goh Kar Chun &lt;吴佳骏医生&gt;, </b>said: “The Group’s underlying operations remained stable during the quarter, supported by disciplined execution and a continued focus on operating efficiency, which enabled us to maintain margin resilience.”</p><p class="p2">“Looking ahead, we remain focused on executing our long-term growth strategy, supported by ongoing investments in research and development, and strategic technical partnerships.”</p><p class="p1">“With new export initiatives coming on stream and the commissioning of the MCE Auto Hub, which was purpose-built to support the production of advanced automotive electronics to stringent manufacturing standards, we are laying the groundwork for sustainable growth beyond FY2026.”</p>								</div>
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		<title>MCE Delivered RM23.91 Million in PATAMI for FY2025</title>
		<link>https://multicode.com.my/2025/09/26/mce-delivered-rm23-91-million-in-patami-for-fy2025/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Fri, 26 Sep 2025 00:00:45 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
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					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">September 26, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE Delivered RM23.91 Million in PATAMI for FY2025</h2>				</div>
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									<p class="p2"><b>KUALA LUMPUR, 26 SEPTEMBER 2025 – MCE Holdings Berhad (“MCE” or the “Group”) </b>has today announced its financial results for the full year ended 31 July 2025 (“FY2025”) and the fourth quarter ended 31 July 2025 (“4Q FY2025”).</p><p class="p2">For the full year FY2025, the Group achieved revenue of RM152.60 million compared with RM155.66 million in FY2024, while profit after tax and minority interest (“PATAMI”) rose to RM23.91 million from RM15.96 million in FY2024, boosted by a one-off gain from the disposal of land.</p><p class="p2">Excluding this item, PATAMI was RM17.59 million, representing a 10.2 percent increase year-on-year, driven by stable contributions from the Group’s core automotive business, improved operating efficiency and higher interest income from healthy cash flow.</p><p class="p2">Along with this set of results, the Group declared a second interim dividend of 4.0 sen per share, payable on 14 November 2025. Including the first interim dividend of 6.0 sen per share paid in 15 May 2025, this brings the total payout for FY2025 to 10.0 sen per share.</p><p class="p2">The Board determined the pay-out after considering the Group’s financial performance, with the one-off gain from the disposal of land enabling a higher distribution this year, while also taking into account ongoing investments such as the commissioning of the MCE Auto Hub in Serendah and expansion into new OEM and international markets.</p><p class="p2">The Group posted revenue of RM40.08 million in 4Q FY2025, an increase of 8.5% compared to RM36.95 million in the same quarter of FY2024.</p><p class="p2">However, higher staff and administrative costs from recruitment and preparation for the commissioning of the MCE Auto Hub in Serendah , a transitional expense ahead of its commissioning in the last quarter of calendar year 2025, resulted in PATAMI of RM3.42 million compared with RM4.14 million previously.</p><p class="p2">This transitional period will pave the way for expanded production capacity and the manufacture of higher-value automotive electronic components such as infotainment systems, digital displays and ADAS modules, including key parts for Perodua’s first electric vehicle, which is expected to enhance margins and move the Group further up the automotive industry value chain.</p><p class="p1">Group Managing Director of MCE, <b>Dr Goh Kar Chun &lt;吴佳骏医生&gt;, said: </b>“We are pleased to close FY2025 with a resilient and stable set of results despite the challenges of a volatile operating environment. This performance reflects the strength of our core automotive parts business and the discipline of our team in managing costs and efficiencies.”</p><p class="p1">He added, “Looking ahead, we have a healthy pipeline of projects, including supply agreements covering both electric and internal combustion engine vehicles. These contracts, which commence in FY2026, will provide clear earnings visibility and reinforce MCE’s role as a trusted partner to domestic and global automotive players.”</p>								</div>
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		<title>MCE, ADAYO Ink MOU to Develop Smart Cockpit and Smart Driving Solutions for Malaysia and ASEAN</title>
		<link>https://multicode.com.my/2025/09/12/mce-adayo-ink-mou-to-develop-smart-cockpit-and-smart-driving-solutions-for-malaysia-and-asean/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Fri, 12 Sep 2025 00:00:22 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2173</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">September 12, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE, ADAYO Ink MOU to Develop Smart Cockpit and Smart Driving Solutions for Malaysia and ASEAN</h2>				</div>
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									<p class="p2"><b>HANGZHOU, CHINA, 12 SEPTEMBER 2025 – MCE Holdings Berhad (&#8220;MCE&#8221;) </b>has signed a memorandum of understanding (MOU) with <b>Huizhou Foryou General Electronics Co., Ltd. (&#8220;ADAYO&#8221;, &#8220;ADAYO华阳”</b>) to collaborate on the development, localisation, manufacturing and marketing of smart-cockpit and smart-driving solutions for automakers in Malaysia and across ASEAN.</p><p class="p3">The signing took place during the <b>China-Malaysia Supply Chain Collaboration Programme </b>in Hangzhou, China, co-organised by <b>Malaysian Investment Development Authority’s (MIDA) Transportation Technology Division </b>and <b>Jetour Automobile Malaysia</b>.</p><p class="p3">In line with MCE&#8217;s strategy to move up the value chain, the MoU strengthens MCE’s position in the smart-cockpit domain, a core in-cabin system in next-generation vehicles, covering in-vehicle infotainment, cockpit domain controllers and connected-vehicle systems.</p><p class="p3">Under the collaboration, MCE will manufacture and supply these products in Malaysia and across ASEAN, while ADAYO provides technology platforms, product development and technical support, with an initial focus on programmes for automakers in Malaysia and ASEAN.</p><p class="p3">Early workstreams include exploring localisation of smart-cockpit and infotainment systems for selected programmes in Malaysia.</p><p class="p3">MCE Group Managing Director, <b>Dr. Goh Kar Chun &lt;吴佳骏医生&gt;</b>, said: “This collaboration accelerates MCE’s efforts to broaden its portfolio of technologically advanced solutions for next-generation vehicles, from research and development to manufacturing at scale.”</p><p class="p2">“It also recognises MCE’s operations and manufacturing know-how, quality discipline and proven track record, enabling us to better support automakers here to further localise their offerings, while lifting the local supplier base and talent in support of the Government’s ambition for Malaysia to be the automotive hub in the region.”</p><p class="p3">Founded 1993, ADAYO specialises in smart-cockpit and smart-driving solutions for global automakers, with leadership in sound and image processing, navigation and positioning, human–machine interaction, smart voice, connected intelligence and advanced driver assistance.</p>								</div>
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		<title>MCE Ranked Among Top Performers in Malaysia’s Shared Prosperity Assessment</title>
		<link>https://multicode.com.my/2025/07/29/mce-ranked-among-top-performers-in-malaysias-shared-prosperity-assessment/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Tue, 29 Jul 2025 00:00:15 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2168</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">July 29, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE Ranked Among Top Performers in Malaysia’s Shared Prosperity Assessment</h2>				</div>
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									<p class="p2"><b>KUALA LUMPUR, 29 July 2025 – </b>MCE Holdings Berhad (“MCE” or “the Group”) is proud to announce that it has been recognised as a <b>Model Company </b>and <b>Gold Award </b>recipient under the <b>Sustainability Shared Prosperity Organization Assessment (SSPOA)</b>, an initiative <b>by the Malaysia Productivity Corporation (MPC) </b>to honour organisations that promote equitable, performance-based wage systems and sustainable, ESG-driven business practices.</p><p class="p2">MCE was assessed alongside other organisations through MPC’s digital platform and was evaluated under the large company manufacturing category.</p><p class="p2">This recognition highlights MCE’s strong commitment to environmental, social and governance (ESG) principles, reflected in its fair and inclusive employment practices, performance-linked incentives, and ongoing investment in sustainability.</p><p class="p2">It also underscores MCE’s solid performance across all five assessment pillars, with particular strengths in workforce development and operational excellence.</p><p class="p2">Companies are scored based on a 1,000-point framework across five strategic pillars: People, which focuses on fair employment and talent development; Process, which assesses productivity and operational practices; Product, which looks at innovation and quality; Prosperity, which evaluates shared economic value creation; and Planet, which reflects environmental sustainability initiatives.</p><p class="p2">Group Managing Director of MCE, Dr Goh Kar Chun 吴佳骏医生, said: “We are proud to receive this recognition, which acknowledges the effort our team has invested in building a resilient and inclusive organisation. It strengthens MCE’s position as a forward-looking company committed to driving inclusive growth, advancing productivity, and contributing to Malaysia’s transformation into a high-value, innovation-led economy,”</p><p class="p2">Introduced in 2023, the SSPOA is designed to identify and recognise organisations that demonstrate excellence in implementing the Productivity-Linked Wage System (PLWS) and Employee Shared Commitment (ESC), aligning business performance with employee well-being and sustainable growth. It reflects a mutual value system in which incentives are fairly distributed in accordance with both individual and organisational performance. </p><p class="p1">MCE is a leading Original Equipment Manufacturer (OEM) specialising in the design, engineering, and manufacture of automotive electronic and mechatronic parts for the Malaysian and regional markets. The Group also actively pursues diversification into non-automotive sectors through high-value contract manufacturing, supporting its long-term growth and innovation agenda.</p>								</div>
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		<title>MCE&#8217;s 3Q Profit More than Doubles</title>
		<link>https://multicode.com.my/2025/06/25/mces-3q-profit-more-than-doubles/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Wed, 25 Jun 2025 00:00:53 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2163</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">June 26, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE's 3Q Profit More than Doubles</h2>				</div>
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									<p class="p2"><b>KUALA LUMPUR, 26 JUNE 2025 </b>– MCE Holdings Berhad (“MCE” or “the Group”), a manufacturer of automotive electronic and mechatronic parts, today announced its financial results for the third quarter ended 30 April 2025 (&#8220;3Q FY2025&#8221;). Revenue for the quarter remained steady at RM36.8 million compared to RM37.4 million in the same period last year, while profit after tax more than doubled to RM6.0 million from RM2.4 million, supported by improved operational e􀆯iciency and higher interest income. For the nine-month period ended 30 April 2025 (“9M FY2025”), the Group recorded revenue of RM112.51 million versus RM118.72 million in the corresponding period last year, while profit after tax rose to RM20.38 million from RM11.8 million. Group Managing Director of MCE, Dr Goh Kar Chun <b>&lt;吴佳骏医生&gt;</b>, said: “We continued to deliver a solid performance amidst an evolving yet challenging operating environment. Our results reflect the strength of our fundamentals and the discipline of our team as we head into the final quarter of the financial year.” The Group’s new manufacturing facility, the MCE Auto Hub in Serendah is on track to be commissioned by the second half of calendar year 2025. Once operational, it will significantly increase MCE’s capacity, enabling it to scale up its o􀆯erings in high-value automotive electronics. It will also support MCE’s diversification into non-automotive contract manufacturing through a joint venture with Hong Kong-based Sounding Industries Ltd., which focuses on consumer and cosmetic products. Together, these initiatives mark a critical step in the Group’s pursuit of innovation and growth, positioning it to stay ahead in an increasingly sophisticated and fast-evolving mobility landscape. The Group also recently entered the Advanced Driver Assistance Systems (ADAS) segment through a joint venture with Nanjing Chuhang Technology Co., Ltd., expanding its technology portfolio and strengthening its position as a forward-looking solutions provider to the automotive industry.</p>								</div>
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		<title>MCE, Chuhang Technology Formalise JV at Osaka Expo to Produce Driver Assistance Radar</title>
		<link>https://multicode.com.my/2025/05/19/mce-chuhang-technology-formalise-jv-at-osaka-expo-to-produce-driver-assistance-radar/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Mon, 19 May 2025 00:00:57 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2158</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">May 19, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE, Chuhang Technology Formalise JV at Osaka Expo to Produce Driver Assistance Radar</h2>				</div>
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									<p class="p2"><b>OSAKA, 19 May 2025 </b>– <b>MCE Holdings Berhad (“MCE”) </b>today announced that it has formalised a joint venture (JV) with <b>Nanjing Chuhang Technology Co. Ltd (“NCT”)</b>, a pioneer in automotive millimeter-wave radar technology.</p><p class="p2">The signing took place at the <b>Malaysia Pavilion </b>during <b>World Expo 2025 Osaka</b>, as part of the <b>Malaysia Automotive, Robotics and IoT Institute’s (MARii) </b>NxGv: Game Changer in Energy Transition and Mobility event, and was witnessed by <b>Pavilion Director Ellyza Mastura </b>and <b>MARii CEO Azrul Reza Aziz</b>.</p><p class="p2">Formed through MCE’s wholly owned subsidiary, <b>MCE Ventures Sdn Bhd</b>, the agreement builds on the Memorandum of Understanding signed in November 2024.</p><p class="p2">The new JV company will develop, manufacture, and market automotive millimeter-wave radar, a key component of Advanced Driver Assistance Systems (ADAS) and automated driving applications, for the domestic market and global markets, excluding China.</p><p class="p2">These sensors are essential to vehicle safety and serve as a core enabler of next-generation vehicles equipped with assisted or autonomous driving functions, allowing them to detect, interpret, and respond to their surroundings with precision and reliability.</p><p class="p2">The JV strengthens both parties’ positions in these fast-growing segments and enhances their ability to meet rising global demand for intelligent mobility solutions.</p><p class="p2"><b>Dr. Goh Kar Chun &lt;吴佳骏医生&gt;</b>, Group Managing Director of MCE said, <i>“</i>This joint venture with Nanjing Chuhang Technology is an important leap for MCE as we expand our expertise and broaden our offerings in advanced automotive electronics.”</p><p class="p2">“It prepares us to cater to the growing global demand for smart mobility technologies and reinforces our ambition to deliver high-value and sophisticated solutions from Malaysia for domestic market as well as to the world,” Goh concluded.</p><p class="p2">By combining NCT’s cutting-edge radar technology with MCE’s manufacturing capabilities, the partnership will deliver advanced radar solutions while serving as a launchpad for global expansion.</p><p class="p2">It also aligns with MCE’s goals of strengthening its automotive electronics portfolio, promoting high-value manufacturing.</p><p class="p2">Under the JV, MCE will own 51 percent, with the remaining 49 percent held by NCT.</p><p class="p2">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.</p>								</div>
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		<title>MCE Signs MOUs Supporting Chery Malaysia’s Localisation Initiative</title>
		<link>https://multicode.com.my/2025/05/14/mce-signs-mous-supporting-chery-malaysias-localisation-initiative/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Wed, 14 May 2025 00:00:50 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2150</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">May 14, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE Signs MOUs Supporting Chery Malaysia’s Localisation Initiative</h2>				</div>
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									<p class="p2"><b>KUALA LUMPUR, 14 May 2025 </b>– <b>MCE Holdings Berhad (MCE)</b>, through its wholly owned subsidiary Multi-Code Electronics Industries Berhad, has signed two Memoranda of Understanding (MOUs) with <b>Cheling Smart Mobility Technology (Wuhu) Co., Ltd </b>and <b>Wuhu Atech Automotive Electronics Co. Ltd. </b>to support the localisation of Chery Malaysia’s production.</p><p class="p2">The MOUs were signed during Chery Premier Supply Chain Synergy Day, held at Malaysian Investment Development Authority (MIDA) headquarters here.</p><p class="p2">The partnerships will see the parties working together on several key areas, including the local production of automotive parts and components, the transfer of technology and technical know-how, and ensuring compliance with Chery’s rigorous quality standards.</p><p class="p2">The parties are also committed to developing local talent through training and upskilling initiatives, and may explore joint investments in tooling or facilities to support production needs.</p><p class="p2">MCE Group Managing Director <b>Dr. Goh Kar Chun &lt;吴佳骏医生&gt; </b>said, “These MOUs reflect MCE’s strong track record in design and manufacturing, and our commitment to supporting automakers in their localisation journey. With deep local insights and proven capabilities, we are well placed to help global players establish and grow their presence in Malaysia, while contributing to a more resilient and competitive supply chain.”</p><p class="p2">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.</p>								</div>
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		<title>MCE Holdings Clinches Multiple Contracts Totalling RM120.67 Million</title>
		<link>https://multicode.com.my/2025/04/23/mce-holdings-clinches-multiple-contracts-totalling-rm120-67-million/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Wed, 23 Apr 2025 00:00:35 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2148</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">March 25, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCEReports 112% Jump In Patami To RM9.6 Million In 2Q FY2025</h2>				</div>
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					<h5 class="elementor-heading-title elementor-size-default">Rewards shareholders with a first interim dividend of 6.0 sen per share</h5>				</div>
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									<p class="p2"><b>KUALA LUMPUR, 25 MARCH 2025 – MCEHOLDINGS BERHAD (&#8220;MCE&#8221; </b>orthe<b>&#8220;Company&#8221;)</b>, announced its financialresults for the second financial quarter ended 31 March 2025 (&#8220;<b>2QFY2025</b>&#8220;)today. MCEand its subsidiaries (the “<b>MCEGroup</b>”or the “<b>Group</b>”) are engaged in the engineering and manufacturing of automotive electronicand mechatronicsystemsfor local and international markets.</p><p class="p2">In 2Q FY2025, the Group achieved revenue of RM34.3 million, a 14% decline year-over-year (“<b>YoY</b>”) due to the festive seasons in December and January, which resulted in fewer working days. However, profit after tax and minority interest (“<b>PATAMI”</b>) surged 112% to RM9.6 million after factoring in a gain on the disposal of property. For the six-month cumulative period (“<b>6M FY2025</b>”), the Group achieved revenue of RM75.7 million and net profit of RM14.4 million.</p><p class="p2">Along with this set of results, the Company declared a first interim dividend amounting 6.0 sen per share, payable on 15 May 2025, which represents an 85% dividend payout ratio for 2Q FY2025. The board has considered the Group’s future cash flow, working capital requirements and capital investment plans to strike a balance between reinvestment for growth and rewarding shareholders.</p><p class="p2">Moving forward, MCE remains committed to maintaining a healthy dividend payout, aligning shareholder rewards with the Group’s financial performance and capital management priorities.</p><p class="p2">Group Managing Director of MCE, Dr Goh Kar Chun &lt;<span class="s2"><b>吴佳骏医生</b></span>&gt;, said: “We remain focused on future growth by continuously expanding our market reach and strengthening our global footprint. The Group recently secured a major contract to supply mechatronics components to JVIS USA LLC, a Michigan-based automotive supplier for the original equipment manufacturing market. This represents a significant breakthrough into the sizable US market. This win reaffirms our ability to deliver high-quality, cost-effective technology solutions to</p><p class="p1">leading automotive players worldwide. Looking ahead, MCE is well-positioned to benefit from the global re-positioning of manufacturing facilities to ASEAN, with more carmakers planning to establish assembly operations in Malaysia. At the same time, non-automotive players are increasingly sourcing from the region, creating additional opportunities. We are also diversifying beyond the automotive sector through a joint venture focus on non-automotive contract manufacturing, covering a range of products, including die-cut machines, precision tools, and packaging solutions for the cosmetics industry.</p><p class="p1">As new markets open up and we prepare to commission our expanded capacity at the Serendah facility in the coming months, we are well-positioned to capitalise on emerging opportunities and drive sustainable growth. FYE 2025 is a foundation-building year where we lay the groundwork for next phase of transformation for long-term success,” he added.</p>								</div>
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		<title>MCE Reports 112% Jump In PATAMITo RM9.6 Million In 2Q FY2025</title>
		<link>https://multicode.com.my/2025/03/25/mce-reports-112-jump-in-patami-to-rm9-6-million-in-2q-fy2025/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Tue, 25 Mar 2025 00:00:20 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2140</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">March 25, 2025</h5>				</div>
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				<div class="elementor-widget-container">
					<h2 class="elementor-heading-title elementor-size-default">MCEReports 112% Jump In PATAMI To RM9.6 Million In 2Q FY2025</h2>				</div>
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				<div class="elementor-element elementor-element-72189c4 elementor-widget elementor-widget-heading" data-id="72189c4" data-element_type="widget" data-widget_type="heading.default">
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					<h5 class="elementor-heading-title elementor-size-default">Rewards shareholders with a first interim dividend of 6.0 sen per share</h5>				</div>
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									<p class="p2"><b>KUALA LUMPUR, 25 MARCH 2025 – MCEHOLDINGS BERHAD (&#8220;MCE&#8221; </b>orthe<b>&#8220;Company&#8221;)</b>, announced its financialresults for the second financial quarter ended 31 March 2025 (&#8220;<b>2QFY2025</b>&#8220;)today. MCEand its subsidiaries (the “<b>MCEGroup</b>”or the “<b>Group</b>”) are engaged in the engineering and manufacturing of automotive electronicand mechatronicsystemsfor local and international markets.</p><p class="p2">In 2Q FY2025, the Group achieved revenue of RM34.3 million, a 14% decline year-over-year (“<b>YoY</b>”) due to the festive seasons in December and January, which resulted in fewer working days. However, profit after tax and minority interest (“<b>PATAMI”</b>) surged 112% to RM9.6 million after factoring in a gain on the disposal of property. For the six-month cumulative period (“<b>6M FY2025</b>”), the Group achieved revenue of RM75.7 million and net profit of RM14.4 million.</p><p class="p2">Along with this set of results, the Company declared a first interim dividend amounting 6.0 sen per share, payable on 15 May 2025, which represents an 85% dividend payout ratio for 2Q FY2025. The board has considered the Group’s future cash flow, working capital requirements and capital investment plans to strike a balance between reinvestment for growth and rewarding shareholders.</p><p class="p2">Moving forward, MCE remains committed to maintaining a healthy dividend payout, aligning shareholder rewards with the Group’s financial performance and capital management priorities.</p><p class="p2">Group Managing Director of MCE, Dr Goh Kar Chun &lt;<span class="s2"><b>吴佳骏医生</b></span>&gt;, said: “We remain focused on future growth by continuously expanding our market reach and strengthening our global footprint. The Group recently secured a major contract to supply mechatronics components to JVIS USA LLC, a Michigan-based automotive supplier for the original equipment manufacturing market. This represents a significant breakthrough into the sizable US market. This win reaffirms our ability to deliver high-quality, cost-effective technology solutions to</p><p class="p1">leading automotive players worldwide. Looking ahead, MCE is well-positioned to benefit from the global re-positioning of manufacturing facilities to ASEAN, with more carmakers planning to establish assembly operations in Malaysia. At the same time, non-automotive players are increasingly sourcing from the region, creating additional opportunities. We are also diversifying beyond the automotive sector through a joint venture focus on non-automotive contract manufacturing, covering a range of products, including die-cut machines, precision tools, and packaging solutions for the cosmetics industry.</p><p class="p1">As new markets open up and we prepare to commission our expanded capacity at the Serendah facility in the coming months, we are well-positioned to capitalise on emerging opportunities and drive sustainable growth. FYE 2025 is a foundation-building year where we lay the groundwork for next phase of transformation for long-term success,” he added.</p>								</div>
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		<title>MCE Holdings Announces Landmark US Deal and JV with Hong Kong Firm</title>
		<link>https://multicode.com.my/2025/03/12/mce-holdings-announces-landmark-us-deal-and-jv-with-hong-kong-firm/</link>
		
		<dc:creator><![CDATA[Mceadmin]]></dc:creator>
		<pubDate>Wed, 12 Mar 2025 12:00:26 +0000</pubDate>
				<category><![CDATA[Press Release]]></category>
		<guid isPermaLink="false">https://multicode.com.my/?p=2119</guid>

					<description><![CDATA[MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry. MCE, a global leader in the design and manufacturing of electronic parts and accessories for the automotive industry…]]></description>
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					<h5 class="elementor-heading-title elementor-size-default">March 12, 2025</h5>				</div>
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					<h2 class="elementor-heading-title elementor-size-default">MCE Holdings Announces Landmark US Deal and JV with Hong Kong Firm</h2>				</div>
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									<p>• Secures RM22 Million US Automotive Mechatronics Supply Contract</p><p>• Forms Non-Automotive Manufacturing JV for export markets</p><p class="p2"><b>KUALA LUMPUR, 12 March 2025 </b>– <b>MCE Holdings Berhad (KL:MCEHLDG), </b>today announced two strategic developments that increase its global footprint, securing a major contract to supply mechatronic components to the United States and forming a joint venture to diversify into non-automotive contract manufacturing.</p><p> </p><p class="p2"><b>Major US Contract with JVIS </b><b></b></p><p class="p2">Through its wholly owned subsidiary <b>Multi-Code Electronics Industries (M) Berhad</b>, MCE has secured a 60-month contract with <b>JVIS USA LLC (JVIS)</b>, a Michigan-based automotive supplier.</p><p class="p2">The contract, valued at approximately <b>RM22.13 million</b>, will see MCE supplying mechatronic components for a new vehicle model in the US market, with production scheduled to commence in the first quarter of the financial year ending July 31, 2027.</p><p class="p2">JVIS is renowned for its advanced manufacturing and engineering solutions, serving leading global automakers. This collaboration reinforces MCE’s growing reputation as a trusted supplier of high-quality automotive components on the international stage.</p><p class="p2">Mr Arthur Hariskos, Vice President Purchasing of JVIS said, &#8220;At JVIS, we prioritise smart, safe, and efficient automotive solutions. MCE’s expertise in mechatronics and electronics aligns with our commitment to delivering high-quality solutions to automakers.&#8221;</p><p> </p><p class="p2"><b>Strategic JV with Eagle Group Unit for Non-Automotive Contract Manufacturing </b><b></b></p><p class="p2">To drive growth beyond its automotive core, MCE has partnered with <b>Sounding Industries Ltd (SIL)</b>, a subsidiary of Hong Kong-based <b>Eagle Group, </b>to establish a new joint venture focused on non-automotive contract manufacturing.</p><p class="p2">Eagle Group is a well-established OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturer), with over three decades of expertise in consumer electronics, automotive electronics, and precision manufacturing.</p><p class="p2">The partnership, structured as a 50:50 joint venture through MCE’s wholly owned subsidiary, <b>MCE Ventures Sdn Bhd</b>, will provide contract manufacturing services for a wide range of non-automotive products, including die-cutting machines, precision tools, and packaging solutions for the cosmetics products. <span class="s2"><b>MEDIA RELEASE </b></span><span class="s3">For immediate release </span></p><p class="p2">This strategic collaboration leverages MCE’s engineering and manufacturing expertise while expanding its footprint into high-value non-automotive consumer products with export potential, creating new market opportunities and revenue streams.</p><p class="p2">This partnership combines MCE’s engineering expertise with our sector knowledge,” said Ms. Aldy Tang, Director of SIL. “With MCE production capabilities, we are well-positioned to deliver high-quality, precision-engineered products to domestic and international markets.</p><p class="p2">Commenting on these strategic initiatives, <b>MCE Group Managing Director Dr. Goh Kar Chun &lt;吴佳骏医生&gt; </b>said, “This is a pivotal moment for MCE Holdings, demonstrating our ability to deliver high-quality, cost-effective technology solutions to leading automotive players worldwide.”</p><p class="p2">He concluded, “Partnering with JVIS not only expands our global footprint and strengthens our US presence, but also highlights Malaysia’s capabilities in the global automotive supply chain. We are equally excited about the opportunities the joint venture with Sounding Industries Ltd brings in the non-automotive</p>								</div>
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