Tropicana Corporation Berhad Annual Report 2024

Tropicana redeemed the third tranche of the Sukuk Wakalah Programme worth RM110 million reflecting the Groups prudent financial management and commitment to fulfilling its obligations to investors. 10 JUN Tropicana recorded a revenue of RM291.3 million which was RM34.5 million or 13.5% higher when compared to the corresponding quarter in the preceding year. The Group’s Q1 2024 profit before tax (“PBT”) increased to RM22.3 million and balance sheet continues to strengthen, with gross gearing level reduced from 0.74 times in FY2023 to 0.68 times as of 31 March 2024. 30 MAY Tropicana Golf & Country Resort teamed up with Unique Seafood Group of Restaurants and opened a new premium pork-free Chinese seafood restaurant called Atlantic Seafood Restaurant. This new restaurant possesses a grand restaurant space of 9,600 sq ft which can fit up to 210 pax while o ering 5 elegant VIP rooms that are each fitted with an immersive KTV experience. Video of Unique Seafood Grand Opening: https://www.youtube.com/watch?v=EeeL0sZqBGU 15 MAY 21 GROUP OVERVIEW

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