 With 1,800 toll lanes committed to date, TERAS is the leading provider of Electronic Toll Collection system in South East Asia and control over 70% market share in Malaysia.TERAS now diversified its technology capabilities into transportation and property market.TERAS was formed on 15 September 1994 by Renong Berhad to address the urgent needs of providing cost-effective, reliable and locally supported Electronic Toll Collection (ETC) as the outcome of Malaysia's large-scale program of public enterprises privatization outlined in Privatization Masterplan (PMP) in 1991.