Tropicana Corporation Berhad Annual Report 2020

ANNUAL REPORT 2020 PERFORMANCE REVIEW LEE HAN MING Group Chief Executive Officer DION TAN YONG CHIEN Group Managing Director MANAGEMENT DISCUSSION & ANALYSIS TROPICANA CORPORATION BERHAD Despite the unprecedented year and market trends, we remain cautiously optimistic towards the property landscape in Malaysia. We can see that the market is slowly recovering and there is an untapped demand for projects from developers that have strong brand equity such as Tropicana. We continue to register steady uptakes on our properties and by launching developments that fit the market appetite; we are in a good position to unlock the value of our 2,144 acres of landbank. 040 041