From my observation, they operates four Klang Valley highways, delivering stable revenue through toll collections. Q3 2024 results showed RM81.4 million revenue (+146% YoY) and RM12.1 million net profit, supported by increased traffic and cost efficiencies. A DCF valuation sets a target price of RM1.10, driven by strategic highway locations, a 6.8% distribution yield, and growth opportunities in other services like R&R. Key risks include high debt, regulatory uncertainties, and reliance on traffic volume. Catalysts like urbanization, digital toll systems, and cost optimization bolster its investment case as a long-term growth asset.