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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