KUALA LUMPUR (Jan 29): Tropicana Corp Bhd, controlled by tycoon Tan Sri Danny Tan, is disposing of its Dijaya Plaza tower in Jalan Tun Razak here to Kenanga Investment Bank Bhd (Kenanga IB) for RM140 million cash.
Northeast Penang is perceived as the upmarket part of the island, but Southwest Penang is becoming more appealing with numerous projects underway related to the Penang Second Bridge and Penang Transport Master Plan.
Tan Sri Danny Tan has been at the helm of Tropicana Corp Bhd for more than 23 years.
GEORGE TOWN: After a delay of almost four years, land reclamation works on the RM10 billion Penang WorldCity mixed-use development in Bayan Mutiara, Penang may finally be moving forward.
KUALA LUMPUR (Nov 4): Tropicana Corp Bhd announced that Datuk Kong Woon Jun (pictured) has resigned as the group's managing director (MD) effective Dec 5 this year.
KAJANG: The transformation of a former golf course into a housing estate in Kajang has gone well for Tropicana Heights, with the first phase Fairfield Residences fully taken up and ready for handover in the first quarter of next year, says Tropicana Corp Bhd executive director Kelvin Choo.
GEORGE TOWN (Sept 23): Tropicana Corp Bhd's special purpose vehicle (SPV) Tropicana Danga Senibong Sdn Bhd (TDSSB) has cancelled its acquisition of a 34.
KUALA LUMPUR (Sept 14): Most property developers are glad that the weakening ringgit has minimal impact on their development costs, but high-end projects which have more imported building materials, may be affected.
EVER since the Tropicana Golf & Country Resort opened in 1996, Petaling Jaya’s PJU 3, PJU 4 and PJU 5 areas (see map) adjacent to the golf resort residential enclave have been considered as part of what is now popularly known as the Tropicana enclave.
This is the first in a series of four snapshots on Tropicana.
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