Saturday, 27 December 2025

Betamek secures RM176M contract

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KUALA LUMPUR: Betamek Bhd’s wholly owned subsidiary, Betamek Electronics (M) Sdn Bhd (BESB), has secured a RM176 million contract to supply electronic parts for Perusahaan Otomobil Kedua Sdn Bhd’s (Perodua) new car model.

In a filing with Bursa Malaysia yesterday, Betamek said BESB received a letter of appointment dated Dec 16, 2025, from Perodua, with a six-year contract commencing on the same date.

“The long-term nature of this contract enhances production planning visibility, supports economies of scale and strengthens Betamek’s earnings trajectory as Perodua ramps up new model development involving more advanced electronics and integrated systems,” it said. 

Betamek said the newly secured contract is strategically well-timed as Perodua expands production and prepares to introduce new models, which are expected to drive higher demand for higher-value electronic content.

“Betamek benefits directly from this scaling trajectory, gaining clearer volume visibility, stronger operational utilisation and a deeper embedded position within Perodua’s supply chain,” it said. 

Betamek’s executive director, Muhammad Fauzi Abd Ghani, said the contract strengthens the group’s long-term production visibility and underscores its role as a key electronics partner in Malaysia’s mobility ecosystem.

“As vehicle technology advances, especially in connectivity and electrification, Betamek is committed to delivering reliable, scalable and high-quality solutions that keep pace with Perodua’s growth trajectory,” he said. 

Looking ahead, Betamek said it remains focused on strengthening its technological capabilities, operational efficiency and product innovation to support Perodua’s evolving requirements.

“The appointment marks a meaningful step forward in Betamek’s long-term growth roadmap as it continues creating sustainable value for customers, industry partners and shareholders,” it said. – BERNAMA

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