Tropicana Corporation Berhad Annual Report 2020
Title Reference Purpose/ Existing Use Tenure Year of Acquisition/ Year of Completion* Approx. Age of Building (Years) Land Area Approx. (Acres) Built-up Area/Net Lettable Area (Sq Ft) Fair Value/ Carrying Amount @ 31 Dec 2020 (RM’Million) Revaluation Value (RM’Million) Date of Revaluation TROPICANA DANGA LAGOON SDN BHD Lot 3432, 3433, 3434, 3435, 3440, 3441, 3442, 3443, 3445, 3446, 3447, 44998 and PTD 3997, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Leasehold (999 & 99 years) expiring on 17.01.2911 & 05.01.2091 & 30.12.2090 2012 & 2015 & 2018* – 55.07 & 1.27 & 1.29 – 147.28 – – TROPICANA DANGA LAGOON DEVELOPMENT SDN BHD GM 850, Lot 559, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Freehold 2019 – 5.00 – 27.03 39.00 Feb-19 TROPICANA DANGA LAGOON GARDEN SDN BHD HSM 3232, PTD 174019; HSM 3233, PTD 174020; HSM 3234, PTD 174021; HSM 3235, PTD 174022; HSM 3236, PTD 174023; HSM 3237, PTD 174024; HSM 3238, PTD 174025; HSM 3239, PTD 174026; HSM 3240, PTD 174027; and HSM 3241, PTD 174028, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Freehold 2019 – 1.39 – 11.68 12.00 Feb-19 TROPICANA DANGA LAGOON LAND SDN BHD PM 123, Lot 44994, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Leasehold (99 years) expiring on 01.02.2091 2019 – 1.35 – 2.75 8.50 Feb-19 TROPICANA DANGA LAPANBELAS SDN BHD PM 45, Lot 44999, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Leasehold (99 years) expiring on 30.12.2090 2019 – 1.27 – 1.73 8.00 Feb-19 TROPICANA DESA MENTARI SDN BHD GM 800, Lot 313; GM 801, Lot 321; GM 802 to GM 806, Lot 324 to Lot 328; GM 786, Lot 337; GM 808, Lot 339; GM 787, Lot 340; GM 809 to GM 810, Lot 342 to Lot 343; GRN 436669, Lot 795; GRN 105314, Lot 797; and GM 1199 to GM 1202, Lot 65678 to Lot 65681, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Freehold 2014 – 256.54 – 495.29 – – As at 31 December 2020 LIST OF PROPERTIES Title Reference Purpose/ Existing Use Tenure Year of Acquisition/ Year of Completion* Approx. Age of Building (Years) Land Area Approx. (Acres) Built-up Area/Net Lettable Area (Sq Ft) Fair Value/ Carrying Amount @ 31 Dec 2020 (RM’Million) Revaluation Value (RM’Million) Date of Revaluation TROPICANA DEVELOPMENT (SABAH) SDN BHD CL 215322660, Daerah Penampang, Sabah CL 215312922, Daerah Penampang, Sabah 5-Storey commercial building known as KGK Annex/ Penampang Point 3-Storey commercial building known as D Junction Leasehold (99 years) expiring on 31.12.2080 Leasehold (99 years) expiring on 31.12.2070 2012 2012 9.5 13 1.39 2.68 44,207 34,713 23.00 23.00 23.00 23.00 Dec-20 Dec-20 TROPICANA EDUCATION MANAGEMENT SDN BHD H.S.(D) 296471, PT 12687, Pekan Baru Sungai Buloh, Daerah Petaling, Selangor St Joseph’s Institution International School Malaysia (Tropicana PJ Campus) Leasehold (99 years) expiring on 27.09.2106 2016* 4 6.07 418,084 197.55 232.00 Dec-20 TROPICANA FIRSTWIDE SDN BHD GM 369, Lot 663; GM 370, Lot 664; GM 338, Lot 805; GM 339, Lot 806; GM 620, Lot 807; GM 635, Lot 804; GRN 89120, Lot 917; GRN 89115, Lot 920; GRN 455001, Lot 1114; H.S.(D) 545, Lot 2217; H.S.(D) 546, Lot 2218; H.S.(D) 547, Lot 2219; H.S.(D) 560, Lot 2232; H.S.(D) 561, Lot 2233; H.S.(D) 562, Lot 2234; GM 432, Lot 801; GRN 89767 to GRN 89771, Lot 1355 to Lot 1359; H.S.(D) 554 to H.S.(D) 559, Lot 2226 to Lot 2231; H.S.(D) 569 to H.S.(D) 573, Lot 2241 to Lot 2245, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Freehold 2019 – 294.00 – 458.61 586.29 Feb-19 ANNUAL REPORT 2020 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 300 301
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