Tropicana divests 55% stake in Tropicana Ivory for RM70.7m
KUALA LUMPUR (Oct 26): Tropicana Corp Bhd’s wholly-owned subsidiary Tropicana Development (Penang) Sdn Bhd (TDP) is disposing of its 55% stake in Tropicana Ivory Sdn Bhd (TISB) for RM70.
Tycoon Danny Tan to inject project worth RM4.3b into Tropicana
KUALA LUMPUR (September 14): Tycoon Tan Sri Danny Tan Chee Sing, founder and major shareholder of Tropicana Corp Bhd, is injecting into the group, two plots of land in Johor Baru which will be evolved into a mixed development with a GDV (gross development value) of RM4.
Tropicana Corp 2Q net profit down 18% on lower revenue
KUALA LUMPUR (Aug 23): Lower sales have dragged Tropicana Corp Bhd’s net profit for the second quarter ended June 30, 2018 (2QFY18) lower by 18.
MCT buys Tropicana land to build RM265m luxury condominium
KUALA LUMPUR (Aug 22): MCT Bhd is acquiring a 7,143 sq m piece of leasehold land within Tropicana Golf & Country Resort in Bandar Damansara, Selangor from Tropicana Corp Bhd, controlled by tycoon Tan Sri Danny Tan Chee Sing, for RM42.
Tropicana Corp sets up new unit in China
KUALA LUMPUR (Aug 2): Tropicana Corp Bhd has established a wholly-owned subsidiary, Tropicana Business Consulting (Shenzhen) Pte Ltd (TBCS), in Shenzhen, China, Bernama reported yesterday.
Danny Tan’s son Dillon quits as Tropicana executive director
KUALA LUMPUR (July 3): Tropicana Corp Bhd executive director Dillon Tan Yong Chin has (pictured) resigned from his post with immediate effect, citing personal commitment.
Agile aims to launch RM12.6 bn projects in Malaysia over next three years
KUALA LUMPUR (June 30): China’s Agile Group is aiming to launch projects in Malaysia with GDV of RM12.
Tropicana chairman Othman Abd Razak resigns after less than a year on the job
KUALA LUMPUR (June 1): Tropicana Corp Bhd's independent and non-executive chairman Tan Sri Othman Abd Razak has resigned from his position after a little less than 10 months on the job, citing personal commitment.
Yeow Wai Siaw is new Tropicana group CEO
KUALA LUMPUR (May 28): Property developer Tropicana Corp Bhd has appointed Yeow Wai Siaw as its group CEO, effective today.