24:
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Following the incorporation of
Nirwana Frame Sdn Bhd in 1995 (subsidiary of Time Automation and Management Services Sdn Bhd), the company which was instrumental in setting up the R&D on the Toll Systems. This in turn, attract the Teras Teknologi Sdn Bhd to bought the company and named it to Teras
700:
Penchala Toll Plaza . The study was scheduled and completed in
December 2009; aimed at ascertaining feasibility of such technology for use in Malaysia in terms of users' acceptance, issues that might arises and cost benefits. Upon successful system study, MHA plan to implement MLFF as Malaysia next
499:
As counter-measure strategy, TERAS deployed TRACS to other market usages, first as parking automation solution capitalising on Touch n Go platform in 2001. Following that, TERAS Automated
Parking System (TAPS) was created and breakthrough was achieved with the first installation of 12 parking sites
495:
The negative business growth was attributed by the deferment of further ETC upgrading works at existing highways and of new highway projects in
Malaysia and regionally. TERAS was further affected with cost-cutting measure implemented by most organisation where ICT projects were put as low priority.
716:
TERAS was commented for using proprietary technology control by EFKON as a single sourced party in its development of SmartTAG in 1998. The SmartTAG on board unit which is priced at RM100 per unit with compulsory purchase of Touch n Go reload amount of RM100, is heavily subsidised by the highway
735:
TERAS also being taken to task for its revenue dependencies on UEM Group of companies which contributed to 60% of its total revenues (50% from PLUS alone as the biggest highway concessions in
Malaysia). Thus, the restructuring of the company on-going to further broaden its revenue stream.
612:
Expanding out from ETC in transportation market, TERAS began development in
Traffic Control and Surveillance System (TCSS) and scored major contract worth US$ 2.7 million with NSE for the setup of NSE Nationwide Traffic Monitoring Center (TMC) at Persada PLUS in 2008.
443:
Gmnbh that communicated with infra-red transceivers mounted at the ceilings of toll plazas to allow vehicle drivers to drive through SmartTAG dedicated lanes and pay toll without stopping. It is designed to process up to 1,200 vehicles per hour.
681:(SKVE) who contracted ETC projects to TERAS worth US$ 2.5 million, US$ 3.2 million and US$ 1.3 million respectively. LKSA is scheduled for traffic operation by 18 May 2010, KLS by third quarter 2010 and SKVE by first quarter 2011.
589:
TERAS first foray into property segment technology development was the implementation of resident/visitor integrated manual; Touch n' Go and SmartTAG access with security surveillance at Ledang
Heights housing development,
357:'s large-scale program of public enterprises privatization outlined in Privatization Masterplan (PMP) in 1991. The program had enabled the imposition of tolls on roads previously built by the Public Works Ministry or the
567:(BORR) resumed and placed their ETC installation orders with TERAS whilst NSE called for third-lanes widening projects, toll plazas relocation and lanes upgrade, further contributed positively to TERAS.
412:
In term of corporate ownership, the highlight was divestment by Renong Berhad of its 70% equity stake in TERAS to UEM Group for RM11.3 million cash (US$ 5 million equivalent at that time) in June 1999.
477:), TERAS was engaged by nine companies under UEM Group to ensure readiness, through creation of internal operations plans continuity in the event of possible technical glitches caused by the Y2K bug.
708:
and
Cimmangis–Cibitung Toll Road. The projects are scheduled for completion by 2011 and 2012 respectively. Both said projects will conservatively add over US$ 10 million to TERAS balance sheet.
480:
For financial year 1999, TERAS revenues breached US$ 20 million mark with over 140 employees employed. The year also marked the appointment of Akbar Ahmad as the new managing director of TERAS.
536:
directive of compulsory minimum 2 Touch 'n Go lanes and 1 SmartTAG lane at all existing and new toll plazas to facilitate highway users ease of travel has positioned TERAS at a higher value.
1101:
635:
By end 2008, TERAS effectively controlled 71% of ETC market share in
Malaysia with over 1,200 cash highway lanes, 418 Touch n Go lanes, 198 SmartTAG lanes, 90 parking lanes, over 300
409:
The period sees TERAS expanded its core businesses and technology diversification in two major areas; ETC and general
Information and Communications Technology (ICT) projects.
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53:
920:
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System with integration of Audio-visual, parking, security access, visitor management and facilities command center of 29-storey commercial office building at
915:
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To date, 18 of 25 Malaysia's highways concessions deployed 100% of its technology requirements from TERAS of which the balance 7 use at the minimum of 30%.
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In 1996, TERAS created its own internally developed applications named TERAS Revenue and Collections System (TRACS) which was instantly deployed for
1240:
376:
447:
In general ICT projects, TERAS has bid and won contracts to supply total network environments and IT requirements for the Commonwealth Village in
349:
TERAS was formed on 15 September 1994 by Renong Berhad to address the urgent needs of providing cost-effective, reliable and locally supported
925:
693:
429:
380:
428:(a non-stop electronic toll collection) and completed its national implementation by 15 March 1999 (replacing PLUS TAG) at 20 toll plazas of
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and control over 70% market share in Malaysia. TERAS now diversified its technology capabilities into transportation and property market.
645:
For financial year 2008 (audited in March 2009), TERAS recorded US$ 17 million revenue realised from US$ 36 million book order achieved.
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889:
75:
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In 2002, TRACS technology platform was also deployed to door access system for TIME Engineering, UEM Group, UEM Land, Macroworks,
670:
724:(MLFF). It is expected that the microwave 5.8 GHz transponder systems which are undergoing testing under instruction by
585:
Mercu UEM utilising TERAS' technology adapted from toll i.e.: SmartTAG parking and Touch n Go access security and attendance
560:
1018:
838:
Winner of Malaysia's Top 50 Enterprises Award for 2007, ranked 6th overall as the best privately held company in Malaysia.
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36:
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Configuration of typical electronic toll collection system at toll plazas as provided by TERAS in Malaysian Highways.
46:
40:
32:
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The Malaysia's economy pick-up during the period has benefited TERAS with an average of 20% annual business growth.
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gave significant impact to TERAS businesses and translated to negative business growth that lasted until mid-2004.
350:
329:
211:
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These measures enabled TERAS to remain profitable throughout this time-line even with negative business growth.
57:
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Merit in MSC-APICTA (Asia Pacific ICT Award) 2007 for Best of Application & Infrastructure Tools category.
616:
International market penetration was marked by TERAS completed the delivery and installation of ETC works for
720:
Further, it was speculated that SmartTAG infra-red technology will not be able to handle the requirement for
106:
704:
Internationally, TERAS is now in the final stage of negotiation for implementation of ETC in Indonesia for
854:
The company businesses and daily operations are led by Ir. Abd. Rahim Seliman, chief operating officer.
728:(MHA) to TERAS will be the replacement of SmartTAG. Final decision on the matter will be decided by the
642:
For the period of 1994–2008, TERAS has delivered a total contract worth US$ 160 million in 4 countries.
548:
136:
851:
of TERAS: YBhg Dato’ Noorizah Hj Abd Hamid, En. Mohammad Fuad Khusairi and Ir Mohd Zulastri Mohd Amin.
1117:
894:
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generation ETC with gradual nationwide implementation starting from June 2011 and completed by 2016.
689:
574:, TERAS consolidated its business activities into three major segments; Transportation, Property and
288:
215:
598:
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hosted by Malaysia in 1998. At the same year, TERAS was also contracted to design, build and equip
386:
By 18 March 1997, TRACS was enhanced again by Saiful Khairi and his team with the introduction of
848:
571:
452:
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463:
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A typical entrance of SmartTAG lanes developed and installed by TERAS on Malaysian expressways.
1135:
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747:
Effective November 2008, the company's operations are categorised into 3 "Business Segments":
729:
474:
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Winner of Malaysia-Canada Business Excellence Award 2008 in Science and Technology category.
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The property business segment secured a major US$ 2.2 million project of Integrated
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The north bound entrance of SMART Tunnel on the Kuala Lumpur–Seremban Expressway
510:(TNB) and various other companies; totalling over 100 operational access doors.
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390:(pre-paid smart card electronic payment system) at Jalan Pahang Toll Plaza.
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for Lien Hoe Group. It has grown to over 30 sites within the next 2 years.
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TERAS was just an ordinary Eletronic Data Processing (EDP) unit to PLUS.
328:
With 1,800 toll lanes committed to date, TERAS is the leading provider of
1176:
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concessions to pay royalty to EFKON for each SmartTAG assembled by IRAT.
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Previously deferred highway construction projects also began in earnest.
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communication, a proprietary technology control by an Austrian company;
653:
980:
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383:(NSE/PLUS Expressways) nationwide highway network of over 800 lanes.
416:
832:
Winner of Golden Bull Award 2008 as SME's Most Outstanding Company.
661:
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TERAS is the creator, developer, and leading system integrator of
176:
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Built on a non-stop ETC philosophy, TERAS incorporated SmartTAG
1083:
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with 1,000 test users at Batu Tiga Plaza and 100 test users at
17:
424:
In ETC area, TERAS upgraded TRACS through the development of
393:
TERAS first international as ETC supplier and integrator for
688:(MHA) to conduct technology study for the implementation of
321:
as highway, parking and public transportation payments, and
265:
1063:
628:
worth US$ 1.4 million in 2008. Similar planned project in
200:
Shamsul Izhan Abdul Majid, Chief Executive Officer (CEO)
1046:"Renong Divests 70pct stake in TERAS Teknologi to UEM"
998:"Ketika Saudara Tua Harus Mengakui Hebatnya Sang Adik"
1019:"SmartTAG, Touch n Go Systems for all Highways: Samy"
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977:"Grim Report Indonesia Needs Infrastructure Funds"
921:Chronology of Malaysian Expressway System Events
45:but its sources remain unclear because it lacks
639:doors and 1,500 surveillance cameras installed
325:system by over 6 million users (in June 2009).
1095:
8:
916:List of Expressways and Highways in Malaysia
781:System (Commercial Building and Residential)
88:
1074:Company Overview of Teras Teknologi Sdn Bhd
570:With the realisation of the need to ensure
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1050:BERNAMA The Malaysian National News Agency
203:Ir. Azman Masbah, Chief Technology Officer
94:
87:
1231:Electronics companies established in 1994
684:TERAS was also engaged and instructed by
76:Learn how and when to remove this message
1236:Technology companies established in 1994
675:Kuala Lumpur–Kuala Selangor Expressway
361:(Lembaga Lebuhraya Malaysia, or LLM).
1044:Bernama, News Agency (15 June 1999).
962:Stormwater Management and Road Tunnel
557:Stormwater Management and Road Tunnel
473:As deterrence for Year 2000 problem (
7:
1246:Privately held companies of Malaysia
928:(NSE) also known as PLUS Expressway
377:North–South Expressway Central Link
996:Nicolash, Korano (3 August 2004).
665:MLFF Trial at Batu Tiga Toll Plaza
192:YBhg Datuk Azman Ismail, Chairman
14:
1216:Electronics companies of Malaysia
890:Electronic Toll Collection System
765:Integrated Ticketing System (ITS)
657:MLFF Trial at Penchala Toll Plaza
1190:
1189:
1111:
1024:. Business Times. Archived from
864:
230:
229:
22:
1241:1994 establishments in Malaysia
784:Surveillance and Control System
195:Zakaria Ahmad Zabidi, Director
1017:Awang, Ariff (16 March 1999).
942:Malaysia–Singapore Second Link
1:
932:North Klang Valley Expressway
679:South Klang Valley Expressway
979:. Asia Times. Archived from
975:Guerin, Bill (15 May 2004).
947:Damansara–Puchong Expressway
807:Application Service Provider
706:Cikampek–Palimanan Toll Road
698:Damansara–Puchong Expressway
957:Butterworth Outer Ring Road
911:Malaysian expressway system
906:Malaysian Highway Authority
726:Malaysian Highway Authority
686:Malaysian Highway Authority
565:Butterworth Outer Ring Road
359:Malaysian Highway Authority
142:New Klang Valley Expressway
1262:
1221:Electronic toll collection
1069:Visitor Management Systems
768:Bus Ticketing System (BTS)
757:Electronic Toll Collection
671:Kemuning–Shah Alam Highway
451:, in conjunction with the
351:Electronic Toll Collection
330:Electronic Toll Collection
212:Electronic Toll Collection
1185:
561:Duta–Ulu Klang Expressway
368:Control Systems Sdn Bhd.
197:Chai Yoke Fong, Director
93:
1000:. Kompas. Archived from
817:Strategic IT Outsourcing
762:Automated Parking System
432:(NSE/PLUS Expressways).
395:Manila–Cavite Expressway
353:(ETC) as the outcome of
166:Technology services in:
31:This article includes a
847:Current members of the
732:scheduled by mid-2010.
532:The Minister of Works,
317:widely used throughout
281:Teras Teknologi Sdn Bhd
107:Private Limited Company
89:Teras Teknologi Sdn Bhd
60:more precise citations.
926:North–South Expressway
797:Network Infrastructure
694:North–South Expressway
669:TERAS has worked with
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658:
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544:
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430:North–South Expressway
421:
381:North–South Expressway
234:USD17 million (FY2008)
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632:was however shelved.
584:
549:New Pantai Expressway
542:
524:
484:2000–2004: Stagnation
419:
313:in multiple platform
1118:Electronics industry
1031:on 30 September 2007
1004:on 29 September 2007
983:on 27 September 2007
895:Multi Lane Free Flow
843:Corporate governance
722:Multi Lane Free Flow
690:Multi Lane Free Flow
624:–Shil Phata Road in
405:1998–1999: Expansion
289:PLUS Malaysia Berhad
605:Business District,
599:Building Management
345:1994–1997: Founding
287:), a subsidiary of
240:Number of employees
90:
849:board of directors
667:
659:
587:
572:sustainable growth
545:
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517:2005–2008: Rebound
453:Commonwealth Games
422:
296:global corporation
137:Subang Interchange
33:list of references
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952:Sprint Expressway
801:Computer software
730:Malaysian Cabinet
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291:(PMB), is a
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131:Headquarters
103:Company type
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52:Please help
44:
15:
1035:13 February
1008:13 February
987:13 February
813:Data Center
803:development
563:(DUKE) and
488:Early 2000
460:data center
449:Bukit Jalil
399:Philippines
173:Philippines
162:Area served
58:introducing
1210:Categories
1172:Ninetology
969:References
880:Touch n Go
743:Operations
712:Evaluation
692:(MLFF) at
677:(KLS) and
603:KL Sentral
534:Samy Vellu
457:TIMEdotCom
388:Touch n Go
332:system in
315:technology
307:Touch n Go
188:Key people
117:Technology
1129:Foundries
901:Prolintas
811:Internet
793:eBUSINESS
630:Sri Lanka
609:in 2008.
594:in 2005.
576:eBusiness
559:(SMART),
468:Shah Alam
464:Glenmarie
437:infra-red
298:based in
293:Malaysian
181:Indonesia
1195:Category
1177:Dialight
1162:Pensonic
1136:Silterra
1122:Malaysia
885:SmartTAG
858:See also
774:PROPERTY
673:(LKSA),
618:Bhiwandi
592:Nusajaya
426:SmartTAG
355:Malaysia
319:Malaysia
311:SmartTAG
208:Products
169:Malaysia
155:Malaysia
151:Selangor
113:Industry
66:May 2020
964:(SMART)
649:Present
555:(MEX),
551:(NPE),
340:History
261:Website
226:Revenue
123:Founded
54:improve
1157:ViTrox
897:(MLFF)
824:Awards
622:Kalyan
508:Berhad
268:.teras
250:Parent
1167:TERAS
1150:Other
1141:X-Fab
1029:(PDF)
1022:(PDF)
759:(ETC)
626:India
441:EFKON
285:TERAS
177:India
39:, or
1037:2007
1010:2007
989:2007
309:and
270:.com
1120:in
475:Y2K
462:in
272:.my
266:www
244:140
1212::
1048:.
578:.
470:.
466:,
401:.
397:,
375:,
302:.
153:,
149:,
43:,
35:,
1103:e
1096:t
1089:v
1052:.
1039:.
1012:.
991:.
620:–
283:(
144:,
139:,
79:)
73:(
68:)
64:(
50:.
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