AmBank grants RM500mil financing to ProTT | TheStarTV.com

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AmBank grants RM500mil financing to ProTT

Published on 3 Jan 2025 10:02:52 PM

AmBank Group has provided a financing facility of RM500 million to Projek Tetap Teguh Sdn Bhd (ProTT) for the development of its automated storage and retrieval system (ASRS) warehouse in Valdor, Penang.

ProTT, a subsidiary of PTT Synergy Group Bhd (PTT), will use the funds to cover land acquisition, construction, and equipment costs for the warehouse.

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Keywords
am bank, prott, ptt synergy, valor, penang, automated storage and retrieval system

AmBank Group has provided a financing facility of RM500 million to Projek Tetap Teguh Sdn Bhd (ProTT) for the development of its automated storage and retrieval system (ASRS) warehouse in Valdor, Penang.

ProTT, a subsidiary of PTT Synergy Group Bhd (PTT), will use the funds to cover land acquisition, construction, and equipment costs for the warehouse.

Read more at https://shorturl.at/vupkv

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
am bank, prott, ptt synergy, valor, penang, automated storage and retrieval system

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