Betamek Berhad (“Betamek” or the “Company“), an Original Design Manufacturer (“ODM“) and a leading player in electronics manufacturing services (“EMS”) for the automotive industry, today announced that its wholly-owned subsidiary, Betamek Electronics (M) Sdn. Bhd. (“BESB”), has received a Letter of Appointment from Perusahaan Otomobil Kedua Sdn. Bhd. (“Perodua”) to supply electronic parts for Perodua’s new vehicle model (“LOA”).
The supply of components has already commenced in the third quarter of the financial year ending 31 March 2026. Pursuant to the LOA, the contract period shall be six (6) years commencing from 16 December 2025.
The six-year project period is expected to generate approximately RM176.0 million in revenue for the Group. 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.
Perodua continues to dominate Malaysia’s automotive landscape, strengthening its market share to 44% in the first 10 months of 2025 with 289,210 vehicles sold. October alone saw Perodua deliver 34,116 units, representing a 46% month-on-month surge and a 1.1% year-on-year increase despite a softer total industry volume.
This sustained momentum reflects robust consumer demand for affordable national vehicles, improved stock availability, and stronger buying sentiment ahead of the anticipated excise-duty restructuring in 2026.
Against this backdrop of Perodua-led market dominance, Betamek’s newly secured contract is strategically well-timed. As Perodua expands production and prepares new model introductions, the demand for higher-value electronics content is set to rise in tandem. Betamek benefits directly from this scaling trajectory, gaining clearer volume visibility, stronger operational utilisation and a deeper embedded position within Perodua’s supply chain.
The combination of Perodua’s accelerating sales momentum and the long-term nature of this appointment enhances earnings resilience for Betamek while reinforcing its role as a mission-critical electronics partner in Malaysia’s increasingly technology-driven automotive sector.
Encik Muhammad Fauzi Bin Abd Ghani, Executive Director of Betamek commented,
“Perodua’s appointment reinforces the depth of trust built over decades of collaboration, and we are proud to support the nation’s largest automotive brand in its next model cycle.
This contract strengthens our long-term production visibility and underscores our 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.”
Looking ahead, Betamek remains focused on strengthening its technological capabilities, operational efficiency and product innovation to support Perodua’s evolving requirements. With this new contract underpinning a multi-year revenue pipeline, the Group is well-positioned to enhance manufacturing scalability, deepen localisation efforts and capture rising electronics content within future national vehicle platforms.
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.
For more information, visit https://www.betamek.com.my/.
