Tropicana Corporation Berhad Annual Report 2020

TROPICANA CORPORATION BERHAD Underprivileged Society Throughout 2020, Tropicana Foundation also donated to over 37 various homes and NGOs in its aim to uplift and improve the lives of the underprivileged society as well as supporting social, health, and environmental problems. Following are a few of the key initiatives: Appreciation We would like to extend our deepest appreciation on behalf of the Board of Directors and the management team of Tropicana, to our shareholders and stakeholders for their continued dedication and loyalty. We would also like to express our gratitude to our team of dedicated employees at Tropicana and thank all of our customers for their unwavering support and commitment throughout this challenging environment. 2020 has brought us new challenges that led to us reinforcing our foundations and realigning our future growth. We look towards the future from a position of strength as the next 12 months will be focused on driving competitive advantage, execute on our commitment and continue to redefine the art of living for the community, locally and abroad. 1 RM1.5 million worth of medical equipment and hazmat suits were donated to the Health Ministry to support COVID-19 relief efforts which were distributed to hospitals and health departments. 2 3 4 5 RM50,000 donation was channeled to Malaysia Aids Foundation for their Royal Red Ribbon GALA in collaboration with the Ministry of Health. RM50,000 donation was channeled to the charity dinner for “We Are One Family” COVID-19 Relief Program hosted by Taiwan Buddhist Tzu-Chi Foundation Malaysia. 200,000 face masks were presented to Selangor Chief Minister Dato’ Seri Amirudin Shari. The donations were handed to the state disaster relief room for distribution to the front liners. Tropicana hosted a small yet festive celebration for 35 children from the Light House Welfare Home Association. The lunch was complemented by lively entertainment from Santa Claus and his dancers. On top of these, Tropicana also donated essential groceries for the home and new books, toys, and school bags for the children. External Environment With more people becoming more aware of the need to recycle towards a greener future, Tropicana partnered with iCycle Management to establish community-based recycling programmes at its developments, namely Tropicana Aman, Tropicana Gardens, Tropicana Avenue, Tropicana Heights, and Tropicana Metropark. The items collected included fabric- based (clothes, shoes, bags, and even soft toys) materials, paper, plastic, computer parts, metal as well as electrical and electronic products. Exciting giveaways such as iCycle Carbon Vouchers, shopping vouchers, and cash rewards were introduced to encourage residents to be part of this recycling programme. Since its launch in December 2019, more than 1,300kg of waste has been collected for recycling. MANAGEMENT DISCUSSION & ANALYSIS 066 The newly completed Paisley Serviced Residences at Tropicana Metropark, Subang Jaya