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Investegate |Sea Electric LLC Announcements | Sea Electric LLC: Sea Electric Holdings Pty Ltd Completes US$42 Million Equity Financing

Sea Electric Holdings Pty Ltd. Completes US$42 Million Equity Financing SEA Electric to Expedite Global Expansion of Proprietary Commercial Electric Vehicle Technology - SEA-Drive(R) LOS ANGELES, March 09, 2021 (GLOBE NEWSWIRE) Following substantial growth in new markets, global automotive technology company SEA Electric Holdings Pty Ltd. (SEA Electric), announced it has closed initial private placement equity financing for total gross proceeds of approximately US$42 million. The net proceeds from the investment will allow SEA Electric to solidify its position as a market leader in the electrification of commercial vehicles whilst funding its considerable backlog and facilitating more pilot programs with operators.

Sea Electric Holdings Pty Ltd Completes US$42 Million Equity Financing

Sea Electric Holdings Pty Ltd Completes US$42 Million Equity Financing
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Sea Electric Holdings Pty Ltd Completes US$42 Million Equity Financing

Sea Electric Holdings Pty Ltd Completes US$42 Million Equity Financing
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

MCE secures RM10 2m worth of contracts to supply mechanical parts for Perodua cars

KUALA LUMPUR (March 8): MCE Holdings Bhd’s wholly-owned Multi-Code Electronics Industries (M) Bhd has secured contracts worth RM10.2 million to supply various mechanical parts for new Perodua car models, the group said in a filing exchange today. The supply of these parts is expected to commence in the first quarter of the financial year ending July 31, 2022, for a duration of six years. The estimated total investment cost to undertake the contracts is RM0.51 million.

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