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- The proposed facility with a storage capacity of two million pallet positions is aimed at accelerating the group’s expansion into logistics automation.
KUALA LUMPUR (Sept 23): PTT Synergy Group Bhd (KL:PTT) on Monday signed a framework agreement with two Chinese companies to look into developing an automated warehousing facility in Malaysia worth RM2 billion.
The proposed facility with a storage capacity of two million pallet positions is aimed at accelerating the group’s expansion into logistics automation, PTT said in a filing with Bursa Malaysia.
The two Chinese companies are OMH (Shandong) Co Ltd and AUBO (Shandong) Robotics Technology Co Ltd. OMH, a subsidiary of OMH Science Group Co Ltd, is a provider of intelligent logistics equipment and system integration services, while AUBO, a unit of AUBO (Beijing) Intelligent Technology Co Ltd, focuses on collaborative robot development and commercialisation.
PTT said the collaboration would combine its local project execution experience with OMH’s system integration capabilities and AUBO’s robotics technologies. The agreement is valid for five years.
The group expects the facility to enhance its position in smart logistics infrastructure and create new revenue streams.
PTT Synergy is one of Malaysia’s largest earthworks and infrastructure contractors and has been diversifying into industrial property development. This includes transforming industrial land into customised units, such as automated warehouses and distribution centres, integrated with autonomous solutions to serve both local and international businesses.
Last month, the group launched its maiden smart warehouse project, PTT Logistics Hub 1, as part of efforts to reduce reliance on construction income.
On the earnings front, PTT posted a net profit of RM27.25 million in the fourth quarter ended June 30, 2025, more than double the RM13.3 million a year earlier, driven by RM34.6 million in fair value gains from investment properties.
Quarterly revenue declined 14.1% to RM61.3 million from RM71.4 million due to lower construction activity.
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