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Rivertree STF Synergies Bhd (RSSB) has proposed to acquire shares in Rivertree Landmark Sdn Bhd (RLSB) and Rivertree Signatures Sdn Bhd for RM46.28mil.
Rivertree STF Synergies Bhd (KL:RSSB) is acquiring two Kuala Lumpur-based property development companies for a total of RM46.3 million from its major shareholder and executive director Datuk Leong Sai Mun, as part of its strategy to expand its property business into the serviced apartment portfolio.
KUALA LUMPUR: Rivertree STF Synergies Bhd (RSSB) has proposed to acquire shares in Rivertree Landmark Sdn Bhd (RLSB) and Rivertree Signatures Sdn Bhd for RM46.28 million.
Notable filings
Between March 19 and 27, notable changes in shareholding at Bursa Malaysia-listed companies included those at Borneo Oil Bhd (KL:BORNOIL), which saw the emergence of a new substantial shareholder — Lo Ling — after he acquired 500 million shares, o...
Q Centre Management addresses Malaysia's housing shortage for migrant workers by operating compliant worker accommodation, driven by stricter enforcement of housing regulations and post-pandemic focus on worker welfare.
Property developer and contractor Rivertree STF Synergies Bhd (RSSB) has proposed to diversify its existing principal activities to include the management of centralised labour quarters (CLQ).
Property developer Rivertree STF Synergies Bhd (KL:RSSB) plans to diversify into the management of centralised labour quarters to reduce overall earnings volatility, it said in a bourse filing on Thursday.
PETALING JAYA: Property developer and contractor Rivertree STF Synergies Bhd (RSSB) has proposed to diversify its existing principal activities to include the management of centralised labour quarters (CLQ).
KUALA LUMPUR: Rivertree STF Synergies Bhd is expanding into the management of centralised labour quarters (CLQ), building on its recent contract win as it seeks to diversify earnings and reduce reliance on its property development business.
PETALING JAYA: Rivertree STF Synergies Bhd has secured a RM2.26mil contract for earthwork and piling works linked to a labour quarters development project.
KUALA LUMPUR: Rivertree STF Synergies Bhd has secured a RM2.26 million contract for earthworks and substructure works related to a labour quarters development.