Tropicana Corporation Berhad Annual Report 2020

ANNUAL REPORT 2020 PERFORMANCE REVIEW TROPICANA CORPORATION BERHAD Upcoming Development Moving into 2021, we will continue to redefine the art of living by building wholesome townships for the community to live and prosper. In the next 12 months, we aim to introduce new developments and phases amounting to a GDV of approximately RM2 billion at strategic locations to sustain our growth performance and provide recurring income. Holistic Township at Kota Kemuning Freesia Residences, a contemporary villa series comprising of Lake Villas and Park Villas in Tropicana Aman, Kota Kemuning. This highly desirable address is centred on a sprawling, wooded 85-acre park including a 5-acre recreational hub with a 7-kilometer biking and jogging trail weaving around it. Designed for modern comfort and prestige, these spacious villa series of semi-detached homes range from 3,770 to 5,354 square feet and are poised to become the next sought-after investments for the affluent crowd and residences for young, urban families looking for their dream home. Homes by the Hill at Genting Highlands The TwinPines Serviced Suites is the first phase development seated within the integrated 112-acremaster-planned development known as Tropicana Grandhill in Genting Highlands, Pahang. This brand-new highland city is crafted for your elevated lifestyle ideals. This residence sits 3,000 ft above sea level and enjoys cool, fresh mountain air, making it a great getaway location or residence for rest and recuperation. Tropicana Grandhill’s master plan is intended to cater to a wide variety of customers and residents from all walks of life including students at the planned centres of education and having a particular attraction for silver hair communities with the many health and wellbeing businesses that will be operating from this idyllic place. At the Heart of Commerce in Johor Summit Commercial Hub is the latest vibrant business centre located at Tropicana Uplands in Gelang Patah, Johor. Set to serve a population of up to 50,000 just from the surrounding developments alone, this is a strategic location that is only 15 minutes from Legoland and Educity Iskandar and 30 minutes from Johor Bahru and the 2 nd link Singapore-Johor highway. The Summit Commercial Hub is in all aspects designed to take advantage of the height of the traffic flowing from the many upcoming residences around it and the major north-southern routes. Homes by the Sea at Langkawi Tropicana Cenang, the fully-furnished premiumseafront residences in Langkawi offers a chance at resort-styled at a prime address in a holiday destination that is full of great tourist attractions, activities, shopping, and excitement. This freehold resort cum residence is located directly on Cenang beach, the largest and most popular beach on Langkawi with all the daily essentials and amenities residents need just a stone’s throw away. Tropicana Cenang itself will have plenty of facilities and a professional management team to ensure that guests and residents feel at home. MANAGEMENT DISCUSSION & ANALYSIS 058 059