MCE Holdings Secures New Perodua Supply Deal

MCE Holdings Secures RM54.28 Million Perodua Supply Contract for Automotive Electronics
MCE Holdings Bhd, a Malaysian Tier-1 automotive supplier, has secured RM54.28 million in 40-month supply contracts from Perodua to provide automotive electronics and mechatronic components. The contracts, awarded to its wholly owned subsidiary Multi-Code Electronics Industries (M) Bhd, cover audio display, reverse camera, and advanced driver assistance systems (ADAS)-related components for an internal combustion engine (ICE) model. Production is scheduled to begin in the fourth quarter of the financial year ending July 31, 2027, at MCE's newly launched MCE Auto Hub in Serendah, Selangor.
This deal addresses the growing demand for locally manufactured automotive electronics in Malaysia, supporting Perodua's supply chain and the government's aspiration to position Malaysia as a regional hub for next-generation vehicles. For Malaysian consumers, this signals potential upgrades in Perodua's upcoming models, possibly the next-generation Myvi or Bezza, with enhanced infotainment and safety features.
Key Facts
| Attribute | Value |
|---|---|
| Contract Value | RM54.28 million |
| Contract Duration | 40 months |
| Awarding Company | Perodua |
| Recipient | Multi-Code Electronics Industries (M) Bhd (wholly owned subsidiary of MCE Holdings Bhd) |
| Components Supplied | Audio display, reverse camera, ADAS-related components |
| Vehicle Type | Internal combustion engine (ICE) model |
| Production Start | Q4 of financial year ending July 31, 2027 |
| Production Facility | MCE Auto Hub, Serendah, Selangor |
| Investment Cost for Facility | RM4.95 million |
| Project Significance | First vehicle audio display and ADAS-related components project for an ICE vehicle |
What Did MCE Holdings Secure from Perodua?
MCE Holdings Bhd secured RM54.28 million in 40-month supply contracts from Perodua to supply various automotive electronics and mechatronic components, including audio display, reverse camera, and ADAS-related components for an ICE model. The contracts were awarded to MCE's wholly owned subsidiary Multi-Code Electronics Industries (M) Bhd, with production slated to begin in the fourth quarter of the financial year ending July 31, 2027.
This project marks MCE's first vehicle audio display and ADAS-related components project for an ICE vehicle, building on its existing capabilities in infotainment systems for electric vehicles (EVs) and broadening its portfolio of higher-value components and systems. Production will be carried out at MCE's newly launched MCE Auto Hub in Serendah, Selangor, with an investment cost of RM4.95 million.
"Our long-standing relationship with Perodua has given us the opportunity to grow alongside them, enabling MCE to progressively take on more sophisticated products, build our design and manufacturing capabilities and move up the automotive value chain."
— Datuk Wira Dr Goh Kar Chun, Group Managing Director, MCE Holdings Bhd
MCE Holdings has secured RM54.28 million in 40-month supply contracts from Perodua for automotive electronics and mechatronic components, with production beginning in Q4 of the financial year ending July 31, 2027.
Which Perodua Model Could This Supply Deal Support?
Online forums and social media groups are speculating that Perodua will soon replace either the aging Myvi or the top-selling Bezza with a new generation model, according to the source material. The contract covers components for an internal combustion engine (ICE) model, which aligns with both the Myvi and Bezza, as both are currently offered with petrol engines in Malaysia.
The inclusion of ADAS-related components suggests the next-generation model could feature advanced safety systems, a growing trend in the Malaysian automotive market. Perodua has not officially confirmed which model will receive these components, and no official announcement has been made regarding a new Myvi or Bezza generation as of the publication date.
Online forums and social media groups speculate that Perodua will soon replace either the aging Myvi or the top-selling Bezza with a new generation model, though Perodua has not officially confirmed which model will receive the new components.
What Is MCE Holdings' Role in Malaysia's Automotive Ecosystem?
MCE Holdings is a Malaysian Tier-1 automotive supplier specialising in the engineering, design, and manufacturing of automotive electronics and mechatronic components. The company has a long-standing relationship with Perodua and is progressively taking on more sophisticated products, building design and manufacturing capabilities, and moving up the automotive value chain.
The company's new MCE Auto Hub in Serendah, Selangor, represents a RM4.95 million investment and will serve as the production facility for these new contracts. MCE says it remains committed to working closely with Perodua to drive greater localisation of automotive electronics and systems, supporting the Government's aspiration to build a more competitive automotive ecosystem and position Malaysia as a regional hub for next-generation vehicles.
MCE Holdings is a Malaysian Tier-1 automotive supplier specialising in automotive electronics and mechatronic components, with a long-standing relationship with Perodua and a new production facility in Serendah, Selangor.
Who Is This For in Malaysia?
This supply deal is relevant to Malaysian consumers who are considering purchasing a future Perodua vehicle, particularly the next-generation Myvi or Bezza. The components supplied—audio display, reverse camera, and ADAS-related systems—are features that directly impact the driving experience, safety, and infotainment quality of these popular models.
For Malaysian drivers, particularly those in urban areas like Kuala Lumpur, Penang, and Johor Bahru, the potential inclusion of ADAS features in a new Perodua model would bring advanced safety technology to the mass-market segment. The Myvi and Bezza are among Malaysia's best-selling vehicles, and upgrades to their electronics and safety systems would make them more competitive against regional rivals. The localisation of these components also supports the domestic automotive supply chain, potentially leading to more competitive pricing and better after-sales support for Malaysian consumers.
This supply deal is relevant to Malaysian consumers considering a future Perodua vehicle, particularly the next-generation Myvi or Bezza, as it could bring advanced audio display, reverse camera, and ADAS features to the mass-market segment.
Common Questions
What is the value of the Perodua supply contract secured by MCE Holdings?
MCE Holdings secured RM54.28 million in 40-month supply contracts from Perodua. The contracts cover automotive electronics and mechatronic components, including audio display, reverse camera, and ADAS-related components for an internal combustion engine model.
When will production of the new components begin?
Production is slated to begin in the fourth quarter of the financial year ending July 31, 2027. The components will be manufactured at MCE's newly launched MCE Auto Hub in Serendah, Selangor, which involved an investment cost of RM4.95 million.
Which Perodua model will receive the new components?
Perodua has not officially confirmed which model will receive the components. Online forums and social media groups are speculating that Perodua will soon replace either the aging Myvi or the top-selling Bezza with a new generation model, but no official announcement has been made.
Sources and Methodology
This article is based on a single primary source: the CarSifu news article titled "MCE Holdings gets new Perodua supply deal: Possibly for next Myvi/Bezza," published on 27 August 2026, and available at https://www.carsifu.my/news/mce-holdings-gets-new-perodua-supply-deal-possibly-for-next-myvi-bezza/. All facts, figures, quotes, and claims are drawn directly from this source. No additional sources were used.
All monetary values are presented in Ringgit Malaysia (RM) as stated in the original source. No currency conversions were required. The article was localised for Malaysian readers by retaining original entity names and referencing local context, including the production facility location in Serendah, Selangor, and the relevance to Perodua's popular models in the Malaysian market.
This article was last updated on 27 August 2026. Information specific to Malaysia was verified against the CarSifu source article.