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 KEMAYAN DEVELOPMENT SDN BHD PN 25820 to PN 25821, Lot 24131 to Lot 24132, Pekan Bukit Kepayang, Daerah Seremban, Negeri Sembilan Land held for investment Leasehold (99 years) expiring on 17.04.2095 2012 – 2.00 – 7.81 9.00 Mar-12 TROPICANA KIARA LESTARI DEVELOPMENT SDN BHD GM1799, Lot 2455; GM1800, Lot 2457; GM1801, Lot 2458; and GM1774, Lot 2477, Mukim Batu, Daerah Segambut, Wilayah Persekutuan Land held for future development Freehold 2019 – 8.28 – 20.66 79.27 Feb-19 TROPICANA KIARA LESTARI LAND SDN BHD GM1769, Lot 2475; GM1264, Lot 2476; and GM3217, Lot 2478, Mukim Batu, Daerah Segambut, Wilayah Persekutuan Land held for future development Freehold 2019 – 5.72 – 14.23 54.73 Feb-19 TROPICANA LAGOON SDN BHD PM 42, Lot 44996; and PM 43, Lot 44997, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Leasehold (99 years) expiring on 01.02.2091 2013 – 2.78 – 4.80 – – TROPICANA LAHAD DATU DEVELOPMENT SDN BHD CL 115355612, Daerah Lahad Datu, Sabah Land held for investment Leasehold (999 years) expiring on 08.05.2933 2012 – 1.25 – 2.57 2.57 Dec-20 TROPICANA LAND (SANDAKAN) SDN BHD CL 075318697, Daerah Sandakan, Sabah Land held for investment Leasehold (999 years) expiring on 09.07.2887 2012 – 1.52 – 3.74 3.50 Mar-12 TROPICANA LAND SDN BHD H.S.(D) 330120, PTD 123308; and GRN 422076, Lot 85652, Mukim Pulai, Daerah Johor Bahru, Johor Land held for future development Freehold 2012 – 5.00 – 20.77 – – TROPICANA LINGKARAN UTAMA SDN BHD GM 267, Lot 2366; and GM 1481, Lot 1037, Mukim Jeram Batu, Daerah Pontian, Johor Land held for future development Freehold 2019 – 11.08 – 20.69 22.78 Feb-19 TROPICANA MACALISTER AVENUE (PENANG) SDN BHD Lot 10015, Seksyen 13, Bandar George Town, Daerah Timor Laut, Pulau Pinang Hotel development known as Courtyard by Marriott, Penang Freehold 2020* – 0.52 – 200.00 – – 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 MAKMUR ARIF SDN BHD GRN 10094, Lot 10352, Mukim Bentong, Daerah Bentong, Pahang Land held for future development Freehold 2020 – 4.66 – 10.42 – – TROPICANA MAKMUR CAHAYA SDN BHD GRN 4884, Lot 10361, Mukim Bentong, Daerah Bentong, Pahang Land held for future development Freehold 2020 – 29.04 – 60.27 – – TROPICANA MAKMUR DUTA SDN BHD GRN 10456, Lot 17676, Mukim Bentong, Daerah Bentong, Pahang Land held for future development Freehold 2020 – 6.52 – 13.51 – – TROPICANA MAKMUR ERAT SDN BHD GRN 10457, Lot 17677, Mukim Bentong, Daerah Bentong, Pahang Land held for investment Freehold 2020 – 4.68 – 59.00 59.00 Dec-20 TROPICANA MAKMUR GAGAH SDN BHD GRN 10458, Lot 17680; and GRN 10459, Lot 17681, Mukim Bentong, Daerah Bentong, Pahang Land held for future development Freehold 2020 – 4.83 – 9.95 – – TROPICANA MAKMUR IRAMA SDN BHD H.S.(D) 13926, PT 17223; and H.S.(D) 13927, PT 17224, Mukim Bentong, Daerah Bentong, Pahang Land held for future development Freehold 2020 – 13.73 – 28.51 – – TROPICANA MAKMUR PELUANG SDN BHD GRN 41275, Lot 40936; and GRN 41276, Lot 40937, Mukim Bentong, Daerah Bentong, Pahang Land held for future development Freehold 2020 – 2.86 – 6.07 – – TROPICANA METRO SDN BHD GM 17092/11455, Lot 82748/10788, Section 31, Daerah Klang, Selangor 4-Storey commercial building with a basement carpark Freehold 2012 24 2.15 60,589 17.40 21.50 Dec-20 TROPICANA METROPARK SDN BHD GRN 321052, Lot 72019; GRN 334474, Lot 72050; and GRN 321050, Lot 72017, Pekan Country Heights, Daerah Petaling, Selangor GRN 321056, Lot 72023; GRN 322254, PT42; and GRN 322255, PT43, Pekan Country Heights, Daerah Petaling, Selangor GRN 321050, Lot 72017, Pekan Country Heights, Daerah Petaling, Selangor Land held for future development Land under construction Showcase Freehold Freehold Freehold 2011 2011 2012* – – 8 28.55 12.83 – – – 22,098 400.73 170.85 3.49 – – – – – – ANNUAL REPORT 2020 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 306 307
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