Tycoon Danny Tan's son Dickson resigns as Tropicana’s deputy CEO
KUALA LUMPUR (Oct 6): Tropicana Corp Bhd deputy chief executive officer Datuk Dickson Tan Yong Loong has resigned from his post with immediate effect.
He has also resigned as a director of the group, the property developer said in a stock exchange filing today. The reason for the resignation is health related, it said.
Yong Loong, 39, is the son of Tan Sri Danny Tan Chee Sing, the founder and major shareholder of Tropicana. The tycoon is presently the executive vice chairman of the group.
According to Tropicana’s 2019 annual report, Yong Loong was appointed to the board on May 20, 2009.
Yong Loong’s brother Dion Tan Yong Chien is currently the group managing director of Tropicana.
Shares of Tropicana closed unchanged today at 83 sen, valuing the group at RM1.21 billion.
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