Stec Armor Berhad

STEC Armor Berhad is a leading provider of bulletproofing services in Malaysia. They specialize in the conversion of regular vehicles into bulletproof level and design, fabricate, produce, and install bulletproof glass and door shields.
SAAB - STEC Auto Accessories Berhad, with the target of achieving an IPO at RM2 Billion by 2024, specializes in tinting film. They plan to monopolize the tinting film industry in Asia by forming joint ventures and merging with at least 3000 (Malaysia market) and 100,000 (Asia) tinting film retailers. They will further have their own OEM brand of SAAB UVIR film and sell it to self-owned retailers, generating a sales turnover of 6 million rolls annually and creating a large platform of retailers. This is expected to generate a customer platform of 96 million throughout Asia. Moreover, STEC plans to open tinting film factories in 5 Asian countries with joint ventures and technology transfers from the USA and China, with sales revenue expected to exceed
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RM86 Billion and KPI expected to be at RM31 Billion annually.
SSCSC - STEC Specialize Car Service Centre, with a target of achieving an IPO at RM800 Million by 2025, will focus on providing service to one model of car per outlet. The models they are targeting are Honda, Toyota, BMW, and Mercedes. Since most of these cars in the market are imported re-conditioned or used cars, ST