CMMT 3Q distribution drops on declining net property income
KUALA LUMPUR (Oct 26): CapitaLand Malaysia Mall Trust’s (CMMT) distribution per unit (DPU) fell 2.
Top Glove’s Lim buys 10.24% of Tropicana
KUALA LUMPUR (Oct 25): Top Glove Corp Bhd’s controlling shareholder and co-founder Tan Sri Lim Wee Chai, after buying a 10.
Tropicana founder’s son Dion Tan is new MD; CEO Yau retires
KUALA LUMPUR (Oct 3): Tropicana Corp Bhd has redesignated its executive director, 27-year-old Dion Tan, the son of founder and largest shareholder Tan Sri Danny Tan Chee Sing who has a 30.
Tropicana 2Q net profit jumps 58.6% on higher revenue
KUALA LUMPUR (Aug 30): Tropicana Corp Bhd’s net profit surged 58.
Othman Abd Razak is chairman of Tropicana; declares 2 sen dividend
KUALA LUMPUR (Aug 22): Tropicana Corp Bhd independent director Tan Sri Othman Abd Razak has been redesignated as chairman of the group effective immediately.
China’s Wanda roped in for Langkawi project
LANGKAWI (Aug 9): Property developer Cenang Resort Sdn Bhd yesterday announced a strategic partnership with China’s largest five-star hotel management company, Wanda Hotels & Resorts Co Ltd, which will see the latter manage the Wanda Realm Resort Langkawi within the Tropicana Cenang mixed development here.
How townships have evolved
The new township developments that we are seeing today are a far cry from the old housing estates that many Malaysians have called home over time.
Tropicana Corp expects RM2 bil sales from Tropicana Urban Homes
PETALING JAYA (July 28): Tropicana Corp Bhd expects Tropicana Urban Homes, a new collection of affordable condominiums, to contribute RM2 billion sales in the next two years.