KUALA LUMPUR: MCE Holdings Bhd unit, Multi-Code Electronics Industries (M) Bhd, has secured contracts worth RM23.29 million from a US-based automotive components supplier to supply automotive electronic components.

The company said the contract involved the supply of automotive electronic components, including display electronic control units (ECUs), for a US vehicle programme over a period of 60 months, commencing in financial year 2027.

"The project is expected to generate total revenue of approximately RM23.294 million for the MCE Group over the 60-month supply period, with an estimated total investment cost of approximately RM754,000," it said in a stock exchange filing.

In a separate statement, MCE managing director Dr Goh Kar Chun said "the project strengthens our foothold in the US market and adds to our pipeline of long-term programmes, supporting more sustainable revenue growth."