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Sunday, 25 October 2026

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RSSB Returns to Profit as Construction and Property Pipeline Expands

RSSB ended eight years of losses as construction and property projects expanded, including a RM168.1 million labour-quarters contract and two Kuala Lumpur developments.

By TLA AI Editor3 min read

Kuala Lumpur, 26 August 2026 – Rivertree STF Synergies Berhad returned to full-year profit after eight consecutive years of losses, as the former Sinmah Capital reshaped itself around construction services and property development while securing shareholder approval for portfolio changes.

The group recorded net profit of RM4.3 million on revenue of RM24.3 million for the year ended 30 June 2026. About RM2.2 million of revenue came from discontinued operations. Direct year-on-year comparison is unavailable because the company changed its financial year-end, making sequential performance and future project execution more useful indicators.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.