Investors shrug off developers’ unbilled sales

KUALA LUMPUR (May 30): A comforting tune to most developers amid the tepid property market is their rather healthy unbilled sales levels, which are expected to be sufficient to sustain earnings until next year end, at least.

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Tropicana set for stronger quarters

KUALA LUMPUR: Tropicana Corp Bhd is set to report strong quarterly earnings in the remaining quarters of the year, an analyst said, as it unlocks the value of its land bank in the Klang Valley, as well as in the northern region.

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Tropicana’s sale of Dijaya Plaza goes unconditional

KUALA LUMPUR (April 12): Tropicana Corp Bhd said all the conditions precedent for the proposed disposal of Dijaya Plaza in Jalan Tun Razak here have been satisfied and that the sale and purchase agreement dated Jan 28 has become unconditional.

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