Tropicana redeems RM110m third tranche sukuk
"The group continues to deliver sustainable earnings backed by its RM2.
"The group continues to deliver sustainable earnings backed by its RM2.
KSL is acquiring the parcels of land from three units of Tropicana Corp Bhd, with plans to develop 628 units of residential properties beginning 2028.
“Tropicana Alam is our very first foray into the Puncak Alam market, and we’ll be having our official preview this Saturday.
Tropicana said the termination enables the group to save on such development costs associated with the Pantai Kok land, which will allow the group to allocate financial resources more efficiently towards the other existing businesses.
Tropicana Gardens comprises five Green Building Index-certified residential towers, a 1 million sq ft retail mall, office tower and is directly linked to the Surian MRT station.
The land, measuring 7.
For its full FY2023, Tropicana narrowed its net loss to RM174.
Pet lovers will be especially welcomed with a variety of F&B, handicrafts and pet products.
The participating homes were 1.
The disposal was arrived at a willing buyer-willing seller basis and will generate surplus cash of approximately RM80.