The history of Alloy Group could be traced back to the incorporation of Alloy Industries Sdn Bhd in 1970; it has eventually changed to the present name Alloy Consolidated Sdn Bhd (ACSB) in 1983. The Principal activity of ACSB is that of highway and road construction. However it began veturing into infrastructure industry in 1994 by taking a minority stake of 20% equity in MTD Prime Sdn Bhd, a toll concession company that was awarded by the government the privatization of KL-Karak Highway project. This investment has later yield substantial return when MTD Capital Bhd acquired it in 1996.
In addition of being a sub-contractor for the KL-Karak Highway project, the company has also managed to secure the toll operation and management contract and highway maintenance contract for the entire concession tenure. Subsequently, following a rationalization exercise, ACSB has transferred its toll management and maintenance operation to the newly set up wholly owned subsidiary companies Alloy Toll Management Sdn Bhd and Alloy Maintenance Engineering Sdn Bhd for purpose of enhancing management efficiency and focus on its core businesses. With a healthy balance sheet and to avoid the negative impact from a cyclical constructions industry, the Company has embarked on a strategic plan to diversify its earnings base. To this end, the Company has invested into oil and gas and plastic manufacturing industries through strategic alliance with reliable, experienced and capable partners. As a result of these acquisitions, ACSB has developed into a stable, growt-oriented and diversified group of companies and with it’s paid up share capital increased to RM 20 million over the past two years.