KUALA LUMPUR (April 3): PTT Synergy Group Bhd (KL:PTT) has secured two contracts from Sime Darby Property Bhd (KL:SIMEPROP) — one for construction works and another for smart warehouse systems. Its wholly-owned unit, Pembinaan Tetap Teguh Sdn Bhd, won a RM31.68 million contract from Sime Darby Property for earthworks and ancillary works at Phase 5A (R17) of Bandar Bukit Raja, developed by Sime Darby Property (Bukit Raja) Sdn Bhd. Works are slated to begin on April 17, 2026, with overall completion targeted for Oct 16, 2027. Separately, PTT Synergy’s 70%-owned subsidiary, PTT Robotics Sdn Bhd (PTTR), signed an agreement with Sime Darby Property (Elmina East Asset II) Sdn Bhd and Mydin Mohamed Holdings Bhd to provide a warehouse automation system. The scope includes the design, supply, construction and installation of an automated storage and retrieval system (ASRS) in a smart warehouse built by Sime Darby Property to be leased to Mydin.

Source: The Edge Markets April 03, 2026 11:13 UTC