SIGNIFICANT MILESTONES 1979 1992 2010 - 2011 2012 2013 2015 2013-2017 2020 • Incorporation of Tropicana Group and the brand has since grown to become a household name in Malaysia • Partnered with Iskandar Waterfront Sdn Bhd to build a 37-acre mixed development known as Tropicana Danga Bay, Johor • Signed a JV agreement with Ivory Properties Group to build the 10 Island Resort condominiums on the prime 3-acre land in Batu Ferringhi, Penang • Signed a strategic agreement with Starwood Hotels & Resorts Worldwide to build the first fivestar W Kuala Lumpur Hotel on the prime 1.3-acre land in KLCC • Signed a JV agreement with Ivory Properties Group Berhad to develop 102-acre of Penang World City mixed development in Bayan Mutiara, Penang • Partnered with Iskandar Waterfront Sdn Bhd to develop 227-acre of Tropicana Danga Cove mixed development in Johor • Accomplished the Tropicana amalgamation exercise and consolidated all properties and investment activities into Tropicana Group • Achieved record revenue of RM1.48 billion and record sales of RM2.16 billion • Rebranded and aligned its name from Dijaya Corporation Berhad to Tropicana Corporation Berhad • Signed a strategic partnership with Marriott International to develop Courtyard by Marriott, the first Courtyard Hotel in Malaysia. The hotel is part of the 2.1-acre Tropicana 218 Macalister in Penang • Signed an agreement with GEMS Education to develop a school campus in Tropicana Metropark, Subang Jaya • Launched Arahsia Residences, the first phase development of the 863-acre township at Tropicana Aman, Kota Kemuning, a JV project with MBI Incorporated • Signed an agreement with Tenby Schools to develop an international school campus in Tropicana Aman, Kota Kemuning • Won over 50 prestigious awards from 2013 to 2017. Honoured as one of the Top Ten Property Developers at The Edge Property Excellence Award 2017 and continued to gain recognition from various reputable awards • Rolled out its first digital campaign – Just Bid It in 2016. Tropicana reached out to the younger audience and first home buyers by allowing participants to bid for the units they wanted while earning daily tickets for ra es • Tropicana 10-TEN digital campaign achieved record bookings of RM899 million • Re-activated Tropicana Foundation initiative and won multiple CSR awards • Signed a JV with Temokin Development Sdn Bhd to develop the 2.8-acre Tropicana Miyu condominium at Seksyen 17, Petaling Jaya • Listed on the Main Market of Bursa Malaysia Securities Berhad • Pioneered the resort-themed 625acre township, Tropicana Golf & Country Resort (“TGCR”) 1996 - 2009 • Signed a strategic partnership with Perbadanan Kemajuan Negeri Selangor (“PKNS”) to develop a 405-acre township at Tropicana Indah Resort Homes (“TIRH”) • Unveiled the 9-acre Tropicana City integrated development, now renamed to 3 Damansara • Amassed over 1,000-acre of premium landbank in Petaling Jaya, TGCR and TIRH and received many accolades including FIABCI and The Edge Property Developers Awards 2014 • Signed a JV with HK-listed Agile Property Holdings Ltd to develop the 3.8-acre Agile Bukit Bintang at Kuala Lumpur • Groundbreaking ceremony of St Joseph’s Institution International School Malaysia (Tropicana PJ Campus), Tropicana’s first education investment 38 ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NDgzMzc=