Tropicana Corporation Berhad Annual Report 2020

ANNUAL REPORT 2020 PERFORMANCE REVIEW TROPICANA CORPORATION BERHAD Investment Properties Tropicana’s investment properties that provide the Group with recurring income consist of St. Joseph’s Institution International School Malaysia (Tropicana PJ Campus) (“St. Joseph” or “SJIIM”) located at Tropicana Indah Resort Homes, GEMS International School at Tropicana Metropark, Tenby International School at Tropicana Aman and the lifestyle mall, Tropicana Gardens Mall. St. Joseph’s Institution International School was launched in August 2016 and currently has over 800 students, with a maximum capacity of 1,770 students. With a Gross Floor Area (“GFA”) of 423,000 square feet, it is one of the top international schools in Malaysia, catering to the communities of Tropicana Indah and the surrounding areas. GEMS International School is located in Tropicana Metropark on a 5-acre plot. This international school is fully equipped with a full- size elevated, artificial turf football field, a sports hall, a swimming pool, numerous specialist classrooms and labs, a dance studio, a black box theatre, and various shared learning spaces to stimulate the minds and creativity of their students. Tenby International School, which is built on 10.4 acres of landwithin Tropicana Aman provides quality international education to the residents at the development and the surrounding communities. Tenby offers international student-oriented programmes for students aged from 3 to 18, including International Primary Curriculum, National Curriculum for England, IGCSEs, and A-Level programmes. St Joseph’s, GEMS International School, and Tenby International School continue to perform well, providing well-rounded, balanced educations for local and international students. MANAGEMENT DISCUSSION & ANALYSIS 060 061