AmBank Extends RM500 Million Financing to ProTT for Automated Storage Development
AmBank Group has approved a RM500 million financing facility for Projek Tetap Teguh Sdn Bhd (ProTT) to support the development of its automated storage and retrieval system.
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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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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
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485
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Published
Jan 3, 2025
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