Proton Automotive Electronics Contract Awarded to MCE Holdings Worth MYR 37.9 Million

On January 30, 2026, MCE Holdings Berhad announced that it has secured a Proton automotive electronics contract valued at approximately MYR 37.9 million, marking a significant milestone in its collaboration with the national carmaker. The award reinforces MCE’s position as a key supplier of advanced electronic and mechatronic solutions within Malaysia’s automotive ecosystem.

Details of the Proton automotive electronics contract

The contracts were awarded for a duration of seven years and involve the supply of automotive electronics and mechatronic components for an upcoming Proton vehicle program. The agreements were granted to MCE subsidiaries Multi-Code Electronics Industries and MCE Hengtuo, highlighting the group’s integrated manufacturing and engineering capabilities.

Production timeline and program scope

Production under the Proton automotive electronics contract is scheduled to commence in the first quarter of the financial year ending July 31, 2027. While Proton has not revealed specific vehicle details, the program is widely expected to be associated with one of the manufacturer’s forthcoming Advanced Modular Architecture models.

Strategic impact on MCE Holdings

MCE stated that the award reflects Proton’s continued trust in the group’s technical expertise and delivery track record. The company expects the long-term nature of the Proton automotive electronics contract to provide sustained revenue contribution and support group earnings throughout the contract period, aligning with its growth strategy in automotive electronics and mechatronics.