PTT Synergy in logistics deal

PETALING JAYA: PTT Synergy Group Bhd (PTTS) has inked a memorandum of understanding with Rhong Khen International Bhd, to establish a system pallet business.

In a release, PTTS noted the parties will develop, supply and maintain the pallets to support the ecosystem of automated warehousing and total intralogistics solutions.

The plan includes the production and supply of 200,000 units of system pallets within a two-year timeframe from the definitive agreement’s effective date.