2021 ANNUAL REPORT
redefining the art of living Our journey since 1979 has seen us grow and evolve into one of the country’s premier property developers as we continue on our quest to redefine the art of living. A pioneer in resort-styled townships, we have carved a Tropicana brand name and garnered prominence for our lush, dynamic, and sustainable property landscape. We will continue to build our dream and yours, by crafting townships of choice, where communities can live, learn, work, play, and thrive.
5 10 1 2 3 4 Central 9 6 7 8 12 13 11 14 Northern Southern Eastern 15 16 26 17 18 19 23 20 21 22 24 25 3 2 15 16 5 11 6 4 19 1 7 8 9 10 18 12 13 14 17 19 21 22 23 24 20 25 26 TOTAL PROPERTY SALES RM1.3 billion in FY21* TOTAL REVENUE RM876 million in FY21* CURRENT LANDBANK 2,452 acres* NET ASSETS PER SHARE RM3.21 in FY21* TOTAL POTENTIAL GDV RM152.2 billion* TOTAL DEVELOPMENT* Over 60 completed developments with 8 ongoing townships Over 20,000 units sold 2021 AT A GLANCE PRESTIGIOUS AWARDS Won more than 138 awards to-date Bagged 26 notable awards in 2021: • 7 iProperty.com.my Development Excellence Awards 2021 • 4 The StarProperty Awards 2021 • 5 Asia Pacific Property Awards 2021 • 8 PropertyGuru Asia Property Awards 2021 • Top 10 Developers by BCI Asia Awards 2021 • Top 10 Developers by The Edge Malaysia Property Excellence Awards 2021 TEAMWORK Over 1,300 employees Servicing property owners from 23 countries around the world COMMUNITY Tropicana Foundation donated over RM23 million since its inception in 2011 *AS OF 31 DECEMBER 2021
02 STRATEGIC REPORT what’s inside 05 GOVERNANCE 03 PERFORMANCE REVIEW 04 SUSTAINABILITY AT TROPICANA 06 FINANCIAL STATEMENTS AND OTHER INFORMATION 01 GROUP OVERVIEW 08 About Us 10 Corporate Information 11 Corporate Structure 14 Significant Milestones 16 Awards & Accolades 18 Our Signature Developments 20 Our Upcoming Developments 24 Our Commitment to Excellence 28 News & Event Highlights 44 Q&A with the Chairman 48 Stakeholders Engagement 50 Our Material Sustainability Matters 56 Management Discussion & Analysis 92 Performance at a Glance 94 Financial Highlights & Insights 96 Value Added Statement 97 Investor Relations 98 Quality Assurance 102 Tropicana Group MD Sustainability Statement 118 Economic Sustainability 122 Social Responsibility 138 Environmental Awareness 146 Directors’ Profile 160 Senior Management Profile 168 Corporate Governance Overview Statement 186 Additional Compliance Information 188 Statement on Risk Management & Internal Control 193 Audit Committee Report 198 Statement of Directors’ Responsibility 199 Financial Statements 349 Analysis of Shareholdings 352 Analysis of Irredeemable Convertible Preference Shareholdings 354 List of Properties 370 Group Directory 372 Notice of Forty-Third Annual General Meeting 381 Administrative Guide Proxy Form
01 GROUP OVERVIEW 08 About Us 10 Corporate Information 11 Corporate Structure 14 Significant Milestones 16 Awards & Accolades 18 Our Signature Developments 20 Our Upcoming Developments 24 Our Commitment to Excellence 28 News & Event Highlights Evolving and transforming with the times, from pioneering our flagship Tropicana Golf & Country Resort to expanding our presence across Malaysia, we continue to grow a stronger brand equity as we have stayed agile and continue to adapt ourselves to enter new markets over the years. resilience The Art of
We remain focused on delivering long-term, sustainable growth and maximising our shareholders’ value. We’ve crossed many milestones and received numerous accolades along the way. We are constantly innovating and redefining living concepts with new and exciting developments around the country, moving us ever closer towards our vision of becoming the nation’s leading property developer. Tropicana was incorporated in 1979, listed on the Main Market of Bursa Malaysia Securities Berhad in 1992, and rebranded in 2013. We have since become one of Malaysia’s leading conglomerates with diversified business interests in Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings, and more. Tropicana has also accelerated its digitalisation drive and rolled out platforms such as the Tropicana 360 mobile app to fully integrate our business into the online sphere. We are also enhancing our e-systems (e-RFWI, e-DMS, e-NCR, e-Project Repository, e-Site Dairy, e-CCPE, and e-bid) in our aim to provide our customers and our business an up-to-date experience for all things Tropicana. OUR VISION We strive to be the leading property group that delivers innovative and quality products that enhance stakeholders’ value. OUR BUSINESS PRINCIPLES Our Customers Come First Our loyal customers, the driving force behind the success of our Company, are always at the forefront of our business. We aspire to provide quality and innovative products with a human touch, bringing warmth and customer satisfaction. We aim to always engage with our customers on multiple fronts, from personal to digital platforms, to provide ever smoother and more convenient interactions. Our Commitment To Our Shareholders We endeavour to create maximum shareholders’ value through sustainable strategies, full accountability, business continuity, and profitability. Our People Are Our Greatest Assets We foster our team with a dedication to deliver the best. We encourage a culture of excellence and leadership in our people to strive towards greater successes. Our Teamwork We have built a nurturing organisation with shared values and culture, and we are motivated to think and deliver as One Team and One Organisation with One Vision. Our Communities As a township builder, we directly and indirectly, have an impact on the community. Through Tropicana Foundation, our corporate social responsibility programme, we pledge our commitment to uplift the underprivileged society, incorporate environmental sustainability, enhance economic development, improve health, and education programmes. aboutu s 8 9 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
CORPORATE INFORMATION CORPORATE STRUCTURE BOARDOF DIRECTORS Tan Sri Dato’ Sri Mohamad Fuzi Bin Harun Chairman, Independent Non-Executive Director Tan Sri Dato’ Tan Chee Sing Group Executive Vice Chairman Lee Han Ming Group Chief Executive Officer Dion Tan Yong Chien Group Managing Director Jared Ang Tzer Shen Group Non-Independent Executive Director Dato’ Dickson Tan Yong Loong Group Non-Independent Non-Executive Director Dato’ Dr Teo Tong Kooi Senior Independent Non-Executive Director Mohd Najib Bin Abdul Aziz Independent Non-Executive Director Datuk Wira Lye Ek Seang Independent Non-Executive Director Alice Dora Boucher Independent Non-Executive Director Vivienne Cheng Chi Fan Independent Non-Executive Director Datuk Siw Chun A/P Eam Independent Non-Executive Director Dato’ Sri Badrul Hisham Bin Abdul Aziz Independent Non-Executive Director AUDIT COMMITTEE Mohd Najib Bin Abdul Aziz (Chairman) Dato’ Dr Teo Tong Kooi Alice Dora Boucher Vivienne Cheng Chi Fan RISK MANAGEMENT COMMITTEE Vivienne Cheng Chi Fan (Chairman) Dato’ Dr Teo Tong Kooi Alice Dora Boucher Dion Tan Yong Chien Jared Ang Tzer Shen NOMINATION COMMITTEE Datuk Wira Lye Ek Seang (Chairman) Dato’ Dr Teo Tong Kooi Datuk Siw Chun A/P Eam Mohd Najib Bin Abdul Aziz Alice Dora Boucher REMUNERATION COMMITTEE Dato’ Dr Teo Tong Kooi (Chairman) Datuk Wira Lye Ek Seang Mohd Najib Bin Abdul Aziz Datuk Siw Chun A/P Eam PRICING COMMITTEE Mohd Najib Bin Abdul Aziz (Chairman) Datuk Wira Lye Ek Seang Alice Dora Boucher Dion Tan Yong Chien Jared Ang Tzer Shen INVESTMENT COMMITTEE Datuk Wira Lye Ek Seang (Chairman) Lee Han Ming Dion Tan Yong Chien Mohd Najib Bin Abdul Aziz Datuk Siw Chun A/P Eam AUDITORS Ernst & Young PLT Chartered Accountants Level 23A, Menara Milenium Jalan Damanlela Pusat Bandar Damansara 50490 Kuala Lumpur, Malaysia Telephone: +603 7495 8000 Facsimile : +603 2095 9076 SHARE REGISTRAR Securities Services (Holdings) Sdn Bhd Level 7, Menara Milenium Jalan Damanlela Pusat Bandar Damansara Damansara Heights 50490 Kuala Lumpur Wilayah Persekutuan Telephone: +603 2084 9000 Facsimile : +603 2094 9940 COMPANY SECRETARIES Chua Siew Chuan (MAICSA 0777689) SSM PC No. : 201908002648 Chin Mun Yee (MAICSA 7019243) SSM PC No. : 201908002785 Tan Gin Ling (MAICSA 7023190) SSM PC No. : 201908002292 PRINCIPAL BANKERS Alliance Islamic Bank Malaysia Berhad Bank Kerjasama Rakyat Malaysia Berhad Public Bank Berhad Malayan Banking Berhad OCBC Bank Malaysia Berhad HSBC Amanah Malaysia Berhad United Overseas Bank (Malaysia) Berhad CIMB Bank Berhad HEAD OFFICE, REGISTERED OFFICE Unit 1301, Level 13 Tropicana Gardens Office Tower No. 2A, Persiaran Surian Tropicana Indah 47810 Petaling Jaya, Selangor Darul Ehsan Telephone: +603 7663 6888 Facsimile : +603 7663 6688 WEBSITE www.tropicanacorp.com.my EMAIL corpcomm@tropicanacorp.com.my STOCK EXCHANGE LISTING Main Market Bursa Malaysia Securities Berhad Stock Name: TROP Stock Code : 5401 As at 23 March 2022 As at 23 March 2022 *Note: “fka” – formerly known as PROPERTY DEVELOPMENT, PROPERTY MANAGEMENT, PROPERTY INVESTMENT, RECREATION AND RESORT OPERATIONS Arah Pelangi Sdn Bhd 100% Bakat Rampai Sdn Bhd 100% • Dicorp Land Sdn Bhd...................................................................................... 100% • Tropicana City Sdn Bhd.................................................................................. 100% --Dicasa Management Services Sdn Bhd......................................... 100% --Tropicana City Management Sdn Bhd............................................ 100% --Tropicana Kajang Hill Sdn Bhd............................................................. 100% --Tropicana Parking Sdn Bhd..................................................................... 100% • Tropicana Indah Realty Sdn Bhd............................................................ 100% --Tropicana Indah Sdn Bhd.............................................................................70% Bestari Golden Sdn Bhd 100% Bestari Silver Sdn Bhd 100% Bestari Violet Sdn Bhd 100% Bestari Zamrud Sdn Bhd 100% Blackforest Realty Sdn Bhd 100% Daya Petaling Sdn Bhd 100% Greenforest Realty Sdn Bhd 100% Greenhouse Farm and Fishery Sdn Bhd 100% Marvelscape Sdn Bhd 100% Myxon (M) Sdn Bhd 100% Raintree Realty Sdn Bhd 100% Suasana Metro Sdn Bhd 70% Suci Padu Resources Sdn Bhd 100% Supreme Converge Sdn Bhd 100% • Agile Tropicana Development Sdn Bhd...............................................30% Tropicana Acehub Sdn Bhd 100% • Lido Waterfront Boulevard Sdn Bhd.......................................................65% Tropicana Alam Sdn Bhd 100% (fka Tropicana Senibong Sdn Bhd) Tropicana Aman Sdn Bhd 100% • Sapphire Step Sdn Bhd.................................................................................. 100% Tropicana Bestari Development Sdn Bhd 100% Tropicana Bestari Properties Sdn Bhd 100% Tropicana Cheras Sdn Bhd 100% Tropicana Danga Bay Land Sdn Bhd 100% • Desiran Realiti Sdn Bhd.................................................................................. 100% • Tropicana Danga Bay Sdn Bhd.................................................................. 60% Tropicana Danga Cove Holding Sdn Bhd 100% • Tropicana Danga Cove Sdn Bhd............................................................... 50% Tropicana Miyu, Petaling Jaya 10 11 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
*Note: “fka” – formerly known as CORPORATE STRUCTURE Tropicana Danga Lagoon Development Sdn Bhd 100% • Tropicana Danga Lagoon Land Sdn Bhd......................................... 100% • Tropicana Danga Lapanbelas Sdn Bhd............................................. 100% Tropicana Danga Lagoon Garden Sdn Bhd 100% Tropicana Danga Lagoon Sdn Bhd 100% • Tropicana Lagoon Sdn Bhd........................................................................ 100% Tropicana Danga Senibong Holding Sdn Bhd 100% • Sehati Rakyat Sdn Bhd................................................................................... 100% • Sejahtera Rakyat Sdn Bhd........................................................................... 100% • Sejati Rakyat Sdn Bhd..................................................................................... 100% • Selesa Rakyat Sdn Bhd.................................................................................. 100% • Sempurna Rakyat Sdn Bhd......................................................................... 100% Tropicana Development (Johor Bahru) Sdn Bhd 100% Tropicana Development (Penang) Sdn Bhd 100% Tropicana Development (Sabah) Sdn Bhd 100% Tropicana Development (Sg Besi) Sdn Bhd 100% Tropicana Education Management Sdn Bhd 85% Tropicana Firstwide Sdn Bhd 100% Tropicana Golf & Country Resort Berhad 100% • Spring Garden Star Sdn Bhd ....................................................................... 51% • Tropicana Cuisines Catered Sdn Bhd ................................................ 100% • Tropicana Desa Mentari Sdn Bhd ........................................................ 100% • Tropicana Management Services Sdn Bhd .................................. 100% • Tropicana Sungai Buloh Sdn Bhd......................................................... 100% Tropicana GP Views Sdn Bhd 100% Tropicana Harapan Sdn Bhd 100% • Tropicana Temokin Sdn Bhd.......................................................................... 51% Tropicana Inspirasi Sdn Bhd 100% • Tropicana Inspirasi Impian Sdn Bhd..................................................... 100% • Tropicana Inspirasi Indah Sdn Bhd........................................................ 100% Tropicana Jaya Sdn Bhd 100% Tropicana Kiara Lestari Development Sdn Bhd 100% Tropicana Kiara Lestari Land Sdn Bhd 100% Tropicana Lahad Datu Development Sdn Bhd 100% Tropicana Land (Sandakan) Sdn Bhd 100% Tropicana Land Sdn Bhd 100% Tropicana Landmark Sdn Bhd 100% Tropicana Lingkaran Utama Sdn Bhd 100% • Tropicana Southern Gallery Sdn Bhd ............................................... 100% Tropicana Macalister Avenue (Penang) Sdn Bhd 100% Tropicana Makmur Arif Sdn Bhd 100% Tropicana Makmur Cahaya Sdn Bhd 100% Tropicana Makmur Duta Sdn Bhd 100% Tropicana Makmur Erat Sdn Bhd 100% Tropicana Makmur Gagah Sdn Bhd 100% Tropicana Makmur Irama Sdn Bhd 100% Tropicana Makmur Peluang Sdn Bhd 100% Tropicana Mentari Development Sdn Bhd 100% • Tropicana Sierra Sdn Bhd............................................................................. 100% • Urban Discovery Sdn Bhd............................................................................ 100% Tropicana Metro Sdn Bhd 100% Tropicana Metropark Sdn Bhd 100% • Tropicana Gems Education Sdn Bhd................................................... 100% Tropicana Properties (Klang) Sdn Bhd 100% Tropicana Properties (Sabah) Sdn Bhd 100% Tropicana Properties (Sandakan) Sdn Bhd 100% Tropicana Property Management Sdn Bhd 100% Tropicana Residences Sdn Bhd 100% Tropicana Resort Holding Sdn Bhd 100% • Tropicana Danga Bay Resort Sdn Bhd ............................................... 60% Tropicana Rhythm Crest Sdn Bhd 100% Tropicana Sadong Jaya Development Sdn Bhd 100% Tropicana Sanctuary Development Sdn Bhd 70% Tropicana Scenic Development Sdn Bhd 100% Tropicana Serdang Suria Sdn Bhd 100% Tropicana Seri Aliran Sdn Bhd 100% Tropicana Seri Bakat Sdn Bhd 100% Tropicana Seri Damai Sdn Bhd 100% Tropicana Seri Dutaan Sdn Bhd 100% Tropicana Seri Fauna Sdn Bhd 100% Tropicana Seri Irama Sdn Bhd 100% Tropicana Seri Jalur Sdn Bhd 100% Tropicana Seri Jutaan Sdn Bhd 100% Tropicana Seri Meranti Sdn Bhd 100% Tropicana Seri Nipah Sdn Bhd 100% Tropicana Seri Orkid Sdn Bhd 100% Tropicana Seri Peluang Sdn Bhd 100% Tropicana Seri Resak Sdn Bhd 100% Tropicana Seri Riang Sdn Bhd 100% Tropicana Seri Segak Sdn Bhd 100% Tropicana Seri Sena Sdn Bhd 100% Tropicana Seri Tabah Sdn Bhd 100% Tropicana Seri Tujuan Sdn Bhd 100% Tropicana Sinaran Sdn Bhd 100% Tropicana Tawau Development Sdn Bhd 100% Tropicana Wisma TT Sdn Bhd 100% OTHER INVESTMENT Advent Nexus Sdn Bhd 100% BK Utilities Sdn Bhd 100% Megaxis Sdn Bhd 100% • Tropicana Coliseum (Ipoh) Sdn Bhd...................................................... 100% • Tropicana Lido Development Sdn Bhd................................................ 100% • Tropicana Paisley Sdn Bhd ........................................................................... 100% --Tencomurni Sdn Bhd ........................................................................................42% • Tropicana Plaza Sdn Bhd ............................................................................... 100% --Mesatria Sdn Bhd.................................................................................................42% • Tropicana Property Services Sdn Bhd.................................................. 100% • Tropicana Saujana Sdn Bhd.......................................................................... 100% --Alam Tiasa Sdn Bhd ..........................................................................................42% Pixelcloud Sdn Bhd 100% • Cenang Resort Sdn Bhd.....................................................................................70% Purple Pumkie Organic Farm Sdn Bhd 100% Tropicana Building Materials Sdn Bhd 100% Tropicana Central Department Store Sdn Bhd 100% Tropicana Central Garden Mall Sdn Bhd 100% Tropicana Collections (MM2H) Sdn Bhd 100% Tropicana Corporate Solutions Sdn Bhd 100% Tropicana Credit & Leasing Sdn Bhd 100% Tropicana Entertainment and Retail Sdn Bhd 100% Tropicana Gloves Sdn Bhd 100% Tropicana Healthcare Supplies Sdn Bhd 100% Tropicana Innovative Landscape Sdn Bhd 100% Tropicana Kemayan Development Sdn Bhd 100% Tropicana Landmark Education Sdn Bhd 100% Tropicana Laris Sdn Bhd 99% Tropicana Privilege (M) Sdn Bhd 100% Tropicana Rahang Development Sdn Bhd 100% Tropicana Shared Services Sdn Bhd 100% Tropicana SJII Education Management Sdn Bhd 100% Tropicana Subang South Development Sdn Bhd 100% Ultimate Support Sdn Bhd 100% Valley Talent Solutions Sdn Bhd 99% OTHER FOREIGN INVESTMENT Tropicana Business Consulting (Shenzhen) Pte Ltd 100% Tropicana Investment Consulting Pte Ltd 100% Tropicana Marketplace Sdn Bhd 100% • Marketplace (Hong Kong) Limited.......................................................... 100% Tropicana Miyu, Petaling Jaya 13 Annual Report 2021 GROUP OVERVIEW 12 TROPICANA CORPORATION BERHAD
1979 • Tropicana Group was incorporated and quickly became one of the fastest-growing property developers in Malaysia. 1992 • Listed on the Main Market of Bursa Malaysia Securities Berhad. • Pioneered the resort-themed development with the Tropicana Golf & Country Resort (“TGCR”). 1996-2009 • Developed over 1,000 acres of TGCR and Tropicana Indah Resort Homes. • Unveiled the nine-acre Tropicana City integrated development. 2012 • Conducted the Tropicana amalgamation exercise to consolidate all property development and investment activities into the Tropicana Group. 2013 • Achieved record revenue of RM1.48 billion and record sales of RM2.16 billion. • Changed its corporate name from Dijaya Corporation Berhad to Tropicana Corporation Berhad. 2013-2017 • Won over 50 prestigious awards from 2013 to 2017. • Honoured as one of the Top Ten Property Developers at The Edge Property Excellence Award 2017, and continued to gain recognition from various reputable awards. 2020 • Tropicana 10-TEN digital campaign achieved bookings of RM899 million. • Re-activated our Tropicana Foundation initiative and won multiple CSR awards. For more information, visit www.tropicanacorp.com.my/awards or scan the QR code. Significant • Climbed up The Edge Property Excellence ranking to Top 9 at The Edge Property Excellence Award 2020. 2021 • Tropicana Foundation planned, prepared, and delivered 14,000 hot meals to 43 homes and orphanages. • Launched the most comprehensive developer app in Malaysia – Tropicana 360 App. • Unveiled new revamped Tropicana corporate website and Tropicana Experiential Hall. • “Your Home, Your Choice”, Tropicana T.Living first bespoke home personalisation series. • Tropicana pledged to achieve 100% vaccination goal for employees across its eco-system. • Celebrated 25 years of successful partnerships and relaunched the Tropicana Smart Partnership Programme. • Tropicana Gardens Mall Convention Centre was one of the large vaccination centres (“PPV”) for the Program Vaksin Selangor (“SelVax”). SelVax successfully provided immunity jab to more than 500,000 citizens. • Popular Japanese chain retailer JONETZ by Don Don Donki opened its second and largest store in Malaysia at Tropicana Gardens Mall. • Largest Starbucks Reserve in Malaysia opened at Tropicana Gardens Mall. • Launched Tropicana’s first and largest industrial park - 1,188-acre Tropicana Industrial Park in the prime region of Iskandar Malaysia in Johor. • Accumulated a total landbank of 2,452-acre with potential GDV of RM152.2 billion. • Outperformed property sales target to hit RM1.3 billion sales. • Won 26 awards in 2021. • Launched Tropicana Journey Collection: Tropicana Grandhill and Tropicana Cenang. 15 Annual Report 2021 GROUP OVERVIEW 14 TROPICANA CORPORATION BERHAD
1995 FIABCI MALAYSIA CHAPTER • TGCR: Best Leisure Development in Malaysia Award 1999-2006 GOLF MALAYSIA • TGCR awarded 8 years in a row 2009-2014 ASIA PACIFIC PROPERTY AWARDS • Tropicana awarded 5 years in a row 2015 THE EDGE BILLION RINGGIT CLUB AWARDS • Tropicana: Highest Profit Growth Company (Property and REIT) Award THE EDGE MALAYSIA PROPERTY EXCELLENCE AWARDS • Tan Sri Dato’ Tan Chee Sing: The Edge Malaysia Outstanding Property Entrepreneur Award 2016 FIABCI MALAYSIAN CHAPTER PROPERTY AWARDS • Tan Sri Dato’ Tan Chee Sing: FIABCI Property Man of the Year Award 2017-2020 THE EDGE PROPERTY EXCELLENCE AWARDS 2017, 2018, 2020 • Top 10 Property Developer Award THE STARPROPERTY AWARDS 2017-2020 • The All-Stars Award for 5 years in a row PROPERTYGURU ASIA PROPERTY AWARDS (MALAYSIA) 2020 BCI ASIA TOP 10 DEVELOPERS’ AWARDS 2017, 2018, 2019 ASIA PACIFIC PROPERTY AWARDS 2017, 2018, 2019 PUTRA BRAND AWARDS 2019 2021 Tropicana bagged 26 notable awards: iPROPERTY.COM.MY DEVELOPMENT EXCELLENCE AWARDS 2021 • Tropicana Corporation Berhad - Best Developer - People’s Choice Award • Tropicana Corporation Berhad - Community CSR Award • Tropicana Cenang - Best Waterfront Highrise Development • Ayera Residences - Best Residential Landed Development For more information, visit www.tropicanacorp.com.my/awards or scan the QR code. AWARDS a n d accolades 16 17 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021 • Ayera Residences - Best Southern Landed Development • Edelweiss - Best Connectivity Highrise Development • Tropicana Grandhill - Best Luxury Township Development STARPROPERTY AWARDS 2021 • Tropicana Cenang - The Poseidon Development (Merit) • Tropicana Grandhill - The Holiday Home Development (Merit) • Tropicana Miyu - The Distinctive Build Development (Honours) • Tropicana Corporation Berhad – The StarProperty All-Stars Award (Excellence) ASIA PACIFIC PROPERTY AWARDS 2021 • Tropicana Corporation Berhad - Best Developer Website Malaysia • Tropicana Cenang - Leisure Development Malaysia • Tropicana Gardens - Best Residential High Rise Development Malaysia • Tropicana Grandhill – Mixed-Use Development Malaysia • Tropicana Miyu - Best Apartment/ Condominium Malaysia PROPERTYGURU ASIA PROPERTY AWARDS 2021 • Tropicana Corporation Berhad:Best Developer • Tropicana Corporation Berhad:Best Developer (Central Malaysia) • Tropicana Metropark - SouthPlace Residences: Best Mid End Condo/ Apartment Development (Highly Commended) • Tropicana Metropark - SouthPlace Shoppes: Best Retail Development (Highly Commended) • Freesia Residences: Best High End Landed Development • Tropicana Corporation Berhad: Special Recognition in ESG • Tropicana Corporation Berhad: Special Recognition for CSR • Tropicana Corporation Berhad: Special Recognition In Sustainable Design And Construction TOP 10 DEVELOPERS BY BCI ASIA AWARDS 2021 TOP 10 DEVELOPERS BY THE EDGE MALAYSIA PROPERTY EXCELLENCE AWARDS 2021
TROPICANA GOLF & COUNTRY RESORT Petaling Jaya, Selangor Residential • Ana and Bella linked houses • Casa Tropicana condominiums • Cora and Dora semi-detached houses • Green Acres 1 Gloria and Floria semi-detached houses • Green Acres 2 linked houses and semi-detached houses, bungalows and prime bungalow lots • Eva townhouses • Tropicana Grande golf-fronted condominiums Mixed-use Development & Commercial • Merchant Square shop offices • Tropicana Avenue retail, offices and serviced apartments TROPICANA INDAH RESORT HOMES Petaling Jaya, Selangor Residential • Adam and Eve linked houses • Casa Indah 1 and 2 condominiums • Grand Villas bungalows • Green Haven bungalow lots • Green Haven 1 resort villas • Golf Villas bungalows • Link Villas linked houses • Mustika and Persona linked houses • Pool Villas semi-detached houses • Romeo and Juliet linked houses • Villa Green 1 linked bungalows • Villa Green 2 semi-detached houses • Villa Green semi-detached houses TROPICANA CITY Petaling Jaya, Selangor Residential • Casa Damansara 1 and 2 condominiums • Tropicana City Tropics serviced apartments OurSignature Retail & Commercial • Damansara Intan e-Business Park • Tropicana City Mall (Rebranded to 3 Damansara) • Tropicana City Office Tower OTHER KLANG VALLEY DEVELOPMENTS Residential • Casa Kiara 1 and 2 condominiums, Mont’ Kiara, Kuala Lumpur* • Casa Suites apartments, Petaling Jaya, Selangor • Fortune Park apartments, Kuala Lumpur • Tropicana Cheras linked houses, semi-detached houses and bungalows, Cheras • Tropicana Miyu Condominium, Petaling Jaya, Selangor**** Mixed-use Development, Commercial, Hospitality & Education • St. Joseph’s Institution International School Malaysia (Tropicana PJ Campus) • GEMS International School at Tropicana Metropark, Subang Jaya, Selangor • Tenby International School at Tropicana Aman, Kota Kemuning, Shah Alam • The Residences and W Kuala Lumpur Hotel, Kuala Lumpur • Tropicana Gardens mixed-use development and Tropicana Gardens Mall, Tropicana Indah • Tropicana Aman mixed-use development, Kota Kemuning, Shah Alam • Tropicana Heights mixed-use development, Kajang • Tropicana Metropark mixed-use development, Subang Jaya • Arena Mentari shop offices, Dataran Mentari, Petaling Jaya, Selangor** • TSB Commercial Centre, Sungai Buloh PENANG, JOHOR, LANGKAWI, GENTING HIGHLANDS AND SABAH DEVELOPMENTS Residential • 10 Island Resort condominiums, Batu Ferringhi, Penang* • Aston Villa linked houses, semi-detached and shop offices, Bukit Mertajam, Penang • Tropicana Landmark condominiums, Kota Kinabalu, Sabah Mixed-use Development • Tropicana 218 Macalister mixed-use development and Courtyard by Marriott, Penang • Tropicana Danga Bay mixed-use development, Iskandar Malaysia, Johor*** • Tropicana Danga Cove mixed-use development, Iskandar Malaysia, Johor*** • Tropicana Grandhill mixed-use development, Genting Highlands, Pahang • Tropicana Avalon mixed-use development, Genting Highlands, Pahang and Selangor. • Tropicana Paradise mixed-use development, Genting Highlands, Pahang • Tropicana Cenang, Langkawi, Kedah • Tropicana Uplands, Gelang Patah, Johor Retail, Commercial & Industrial • Tropicana Industrial Park, Iskandar Malaysia, Johor Note: **** Project Manager **** Joint-venture project with Aliran Firasat Sdn. Bhd. **** A joint-venture between Tropicana Corporation Berhad and Iskandar Waterfront Sdn. Bhd. **** A joint-venture between Tropicana Corporation Berhad and Temokin Holdings Sdn. Bhd. 18 TROPICANA CORPORATION BERHAD Tropicana Paradise, the next entertainment and retail hub in Genting Highlands 19 Annual Report 2021 GROUP OVERVIEW
DEVELOPMENTS OUR UPCOMING TheArt ofLiving TO REDEFINE We believe that there will still be demand for properties in prime locations in Tropicana’s established, matured, and developing townships. We will continue to focus on being market-driven in our product offerings whilst continuing to unlock the value of our land bank at strategic locations across the Klang Valley, Genting Highlands, Langkawi, and Southern Region. Tropicana Metropark, Subang Jaya, Selangor This 88 acres township is strategically located next to Federal Highway and bustling Subang Jaya. Home to residences, business spaces, retail hotspots, GEMS International School, and a 9.2 acres Urban Park, Tropicana Metropark paves the way for an integrated lifestyle within an urban setting, providing a wholesome experience and holistic balance between live and play. The next phase will see SouthPlace Residences directly integratedwith SouthPlace Shoppes to offer the ultimate urban conveniences. Discover more on www.tropicanametropark.com.my Tropicana Heights, Kajang, Selangor This 199 acres freehold township is built around a 16 acres central park lined with shady walkways and a lake with lush landscaping. Located within the mature neighbourhood of Kajang, Tropicana Heights consist of park view landed residences, lakeside condos, recreational hub, market square, school as well as commercial shop offices for entrepreneurs and investors. Great accessibility to major highways and just 15 minutes drive from Kajang Town and Nottingham University, residents can also enjoy a host of amenities such as supermarkets, hospitals, banks, and Bangi Golf Resort. Its upcoming phase, Edela Serviced Residences & Square is the first serviced residences and shop offices at Tropicana Heights. Discover more on www.tropicanaheights.com 21 GROUP OVERVIEW Annual Report 2021 20 TROPICANA CORPORATION BERHAD
DEVELOPMENTS OUR UPCOMING Tropicana Cenang, Langkawi, Kedah Surrounded by Langkawi island’s matchless natural wonders and pristine beaches, Tropicana Cenang is set to change the landscape of this world-renowned island destination with its brilliant mix of resort-style residences elevated by retail, dining, and luxe 5-star hotel. Sited on 5.3 acres freehold land and strategically located on the popular Cenang beach, its residence phase, Assana and Merrisa offer fullyfurnished seafront homes catering to upgraders, tourists, and foreign investors. Discover more on www.tropicanacenang.com.my Tropicana Uplands, Gelang Patah, Johor These 314 acres township is strategically located at the mature Pontian district, just 15 minutes from Legoland and Educity Iskandar, and 30 minutes from Johor Bahru and the Malaysia-Singapore Second Link. This master development consists of landed residences, apartments, and the Summit Commercial Hub. Set to serve a population of up to 50,000 just from the surrounding developments alone, its latest phase Aster Heights boasts double-storey modern residences with practical layouts. Discover more on tropicanauplands.com.my Tropicana Aman, Kota Kemuning, Selangor The largest township by Tropicana, spanning 863 acres, is home to a unique mix of modern landed residences, apartments, commercial shop offices, recreational hub, SJK(C) Bukit Fraser School, Tenby International School and complimented by the verdant 85 acres Central Park with a 7km biking and jogging trail. Located in Kota Kemuning, this township focuses on “Green and Sustainable Architecture”, which fosters a “walk and bike-friendly” principle that personifies the healthy living concept amongst its residents. The latest phase, Gemala Residences offers linked villas with an integrated side garden, conveying the distinction of a semi-detached façade, along with larger land sizes. Discover more on www.tropicanaaman.com.my Tropicana WindCity, Genting Highlands, Pahang Tropicana is expanding its footprint to Genting Highlands, with the introduction of the 596 acres Tropicana WindCity. This integrated and sustainable township will be home to the 112 acres Tropicana Grandhill, 176 acres Tropicana Avalon, and oneof-a-kind, 308 acres Tropicana Paradise. Its main catalyst, Tropicana Paradise is an integrated entertainment and retail hub that spans across 38 acres. To complete the township in terms of liveable spaces and accommodation options, Tropicana Paradise is conceptualised to include modern serviced apartments with an emphasis on smaller one- and two-bedroom units, branded residences as well as 4- and 5-star international brand hotels. Malaysians, tourists, as well as foreign investors, can look forward to more exciting family escapades at Genting Highlands. Discover more on tropicanawindcity.com Tropicana Industrial Park, Iskandar Malaysia, Johor Tropicana unveiled its first 1,188 acres Tropicana Industrial Park with an official groundbreaking ceremony officiated by Johor Menteri Besar, YB Datuk Hasni Mohammad. Positioned as the only centralised industrial park in Iskandar Malaysia, this development is poised to be the most conducive workplace as is it situated in a strategic location in the Southern Corridor of Malaysia and enjoys unparalleled connectivity through four major highways. It is also equipped with a host of infrastructure, conveniences, and facilities amenities including comprehensive road and drainage, reservoirs and water supply networks, a centralised sewage treatment, high-speed fibre optic services, dormitories with 18,000 beds, a recreational park with landscape design for outdoor activities, as well as a recreational lake next to the park, with a jogging and cycling track. Tropicana Industrial Park comprises eight phases with plots of between one and three acres ready for sale, for light and medium industries. Discover more on tropicanaindustrialpark.com.my 22 23 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
• Tropicana Corporation Berhad - Best Developer - People’s Choice Award • Tropicana Corporation Berhad - Community CSR Award • Tropicana Cenang - Best Waterfront Highrise Development • Ayera Residences - Best Residential Landed Development • Ayera Residences - Best Southern Landed Development • Edelweiss - Best Connectivity Highrise Development • Tropicana Grandhill - Best Luxury Township Development Asia Pacific Property Awards 2021 24 November 2021 The Asia Pacific Property Awards celebrated the highest levels of achievement in the architecture, interior design, real estate, and property development sectors in the region. Tropicana walked away with five notable awards. The judging panel of the Asia Pacific Property Awards was made up of more than 100 industry experts such as Bill McClintock, the Guild of Property Professional UK chairman, Annie Hampson, former Chief Planning Officer at the City of London, and Lord Best, the UK House of Lords Communications Committee chair. Developers from Singapore, China, Australia, India, Vietnam, and Thailand also participated in the contest. • Tropicana Corporation Berhad - Best Developer Website Malaysia • Tropicana Cenang - Leisure Development Malaysia • Tropicana Gardens - Best Residential High Rise Development Malaysia • Tropicana Grandhill - Mixed-Use Development Malaysia • Tropicana Miyu - Best Apartment/Condominium Malaysia TO EXCELLENCE OUR COMMITMENT iDEA Development Excellence Awards 2021 28 May 2021 Tropicana was honoured at the fourth annual iProperty Development Excellence Awards (“iDEA”) 2021 by iProperty.com.my. Tropicana bagged 7 awards, in a range of categories from the best developer, best residential landed development, best connectivity high-rise development to best community CSR award. Organised annually by iProperty, this award is built on three pillars as guiding principles – credibility, quality, and confidence. iDEA’s selection criteria are based on property seekers’ priorities. The credibility of iDEA is achieved through its stringent judging process and the results are independently verified by PwC Malaysia, iDEA’s balloting partner. 25 GROUP OVERVIEW Annual Report 2021 24 TROPICANA CORPORATION BERHAD
StarProperty Awards 2021 25 November 2021 The prestigious StarProperty Awards 2021 saw a triumphant win for Tropicana in the All-Stars Awards category, which honours the best developer in the country. This award was judged based on a company’s yearly performance. Tropicana also garnered the Distinctive Build Award, which recognised Tropicana Miyu as a unique boutique development, the Holiday Home Award that lauded Tropicana Grandhill as the best vacation property development, and the Poseidon Award for Tropicana Cenang, marking it as the best waterfront development. These developments were evaluated with highly stringent criteria. This is also the Group’s 5th year in a row in winning at the StarProperty Awards, sweeping up even more accolades than the year before. • Tropicana Cenang - The Poseidon Development (Merit) • Tropicana Grandhill - The Holiday Home Development (Merit) • Tropicana Miyu - The Distinctive Build Development (Honours) • Tropicana Corporation Berhad – The StarProperty All-Stars Award (Excellence) PropertyGuru Asia Property Awards 2021 30 November 2021 The country’s finest developers were celebrated at the 8th PropertyGuru Asia Property Awards (Malaysia), which applauds the best projects, designs, and innovation within the industry in the past year. Emerging as one of the biggest winners, Tropicana accumulated a total of six gold statuettes and two highly commended citations, including the never-before-presented title of Best Developer (Central Malaysia) as well as the Best High End Landed Development award for Tropicana Aman – Freesia Residences. • Tropicana Corporation Berhad: Best Developer • Tropicana Corporation Berhad: Best Developer (Central Malaysia) • Tropicana Metropark - SouthPlace Residences: Best Mid End Condo/Apartment Development (Highly Commended) • Tropicana Metropark - SouthPlace Shoppes: Best Retail Development (Highly Commended) • Freesia Residences: Best High-End Landed Development • Tropicana Corporation Berhad: Special Recognition in ESG • Tropicana Corporation Berhad: Special Recognition for CSR • Tropicana Corporation Berhad: Special Recognition In Sustainable Design And Construction BCI Asia Awards 2021 3 December 2021 Tropicana was named as the Top 10 Developers in Malaysia at the prestigious 16th BCI Asia Awards. This is an honourable recognition as the award is reserved for top architectural firms and developers that have the greatest impact on the built environment in Southeast Asia. The Top Ten Developers were judged with the greatest aggregate value of projects under construction during the last full calendar year by the extent of their sustainability and confirmed Green building ratings. Apart from that, industrial, office, and hotel projects will also receive a higher rating by BCI Asia. The effect of the weighting is that firms with these portfolios of projects will have higher odds to make it to the Top Ten Awards. Tropicana had won this distinction seven years in a row previously between 2013 and 2019. 14 December 2021 The Edge Malaysia Top Property Developer Awards 2021 (“TPDA”) judged the country’s best developers holistically on the grounds of their qualitative and quantitative achievements and this year, Tropicana continues to remain at the forefront, taking home the title of Top 10 Best Property Developers Award at the 19th TPDA. This marked the 6th win for Tropicana. The TPDA is evaluated on both qualitative and quantitative attributes. In the qualitative category, judges evaluate each company on its expertise, image, innovation and creativity, product quality, and the value it creates for buyers. Meanwhile, in the quantitative category, companies are evaluated on their shareholders’ funds, turnover, profitability, and cash or gearing. The scores and rankings of the TPDA were audited by Deloitte Malaysia. TO EXCELLENCE OUR COMMITMENTT The Edge Malaysia Property Excellence Awards 2021 26 27 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
1 Tropicana is home to the largest Starbucks Reserve in Malaysia 23 March 2021 Since its opening on 9 March 2021, the largest Starbucks Reserve store in Malaysia has been getting much media hype. In line with the successful opening of this distinctive store, Tropicana co-hosted a media tour with Starbucks. Media partners were treated to a tour around the store as well as an exclusive coffee tasting experience by Starbucks barista. Staying true to its mantra, Tropicana aims to redefine the art of living by providing a unique shopping experience for its shoppers. 2 Tropicana Legendary Santapan 29 Ramadhan Buffet 13 April 2021 Tropicana Golf & Country Resort presented the legendary Ramadhan Santapan 29 Malam buffet dinner. Back by popular demand, this buffet started from 13 April to 12 May 2021 at The Palm Coffee House in the main wing of the Tropicana Golf & Country Resort clubhouse. The main feature was the huge buka puasa spread of over 250 dishes, with 20 stalls serving popular delicacies made fresh on the spot, providing foodies and fans a chance to once again enjoy one of the largest buffets in Malaysia. NEWS AND EVENT HIGHLIGHTS CORPORATE EVENTS 3 Tropicana accelerates its digitalisation journey 21 April 2021 Tropicana pushed on and accelerated its digitalisation journey with a Triple Celebration event held at Tropicana Gardens Office Tower. 1. The newly revamped Tropicana website features corporate info as well as past, present, and future developments from the Group. 2. The incredibly comprehensive Tropicana 360 App boasts over 16 key features that provide maximum convenience and a one-stop platform for Tropicana homeowners – from pre-sale to completion and down to facilities booking activity. 3. Tropicana Experiential Hall is the newest upscale high-ceiling galleria that’s available for Tropicana’s event and private bookings. The completion of these three important milestones underlined the Group’s commitment to its digital transformation drive, leveraging on technology and network for our stakeholders to embrace the digital economy in our aim to accelerate growth. For more information, visit www.tropicanacorp.com.my/news or scan the QR code. 28 29 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
6 Tropicana FreeDOM Campaign 4 August 2021 In tandem with the huge success of our Tropicana 10-TEN’s campaign in 2020, Tropicana 100 campaign was introduced in 2021. Tropicana 100 campaign offered buyers 100% returns on booking fees, 100% interest-free flexibility, 100% legal fees borne, 100% furnishing, 100% financing as well as 100% additional referral rewards. Singing to the 100 tunes, the first 100 lucky purchasers were also rewarded with furnishing vouchers. With these irresistible offers, this campaign outperformed despite market challenges. Tropicana FreeDOM campaign was also introduced for Tropicana’s completed properties across Malaysia. This campaign offers big savings for completed commercial and residential developments in Klang Valley, Penang, Johor, and Kota Kinabalu. 7 Tropicana 100 Xtended Campaign 23 September 2021 Following the success of the Tropicana 100 campaign, Tropicana 100 campaignwas extended for another 100 days. Aptly named Tropicana 100 Xtended, the campaign ran until the end of December 2021 offering buyers 100% returns on booking, 100% interest-free flexibility, 100% legal fees borne, 100% furnishing, 100% financing as well as 100% additional referral rewards. In addition, 10 lucky draw winners walked away with 1000% returns on their bookings, which is up to RM50,000 each. 5 T.Living - Tropicana first home personalisation series 5 July 2021 Tropicana launched its first bespoke home personalisation series called T.Living. Appealing to the homeowners’ mandate of “Your Home, Your Choice”, T.Living embodies the spirit of a curated home experience with an added sense of belonging. This bespoke solution is currently catered for Tropicana Aman’s Freesia Residences but will be expanded to other developments soon. T.Living offers customised choices ranging from colour palettes of walls and floorings, and sanitary ware fitting designs to home security systems, and Smart Home features. 4 Tropicana Gardens Mall is one of five PPV centres for vaccine drive 30 June 2021 In its aim to flatten the COVID-19 curve, Tropicana pledged its support to the Government’s efforts to make the National COVID-19 Immunisation Programme (“PICK”) a success. From 1 July 2021 to 30 September 2021, Tropicana Gardens Mall Convention Centre played host as one of the large vaccination centres (“PPV”) for the Program Vaksin Selangor (“SelVax”). Tropicana received glowing reviews from satisfied applicants who have registered and took their vaccines at the centre. Tropicana has also deployed all team members throughout Malaysia to promote this national vaccination exercise through offline and online platforms. To ensure Tropicana is a conducive and safe place to live, work and prosper, Tropicana also pledged for 100% vaccination across all Tropicana ecosystem. All Tropicana workforces (Tropicana HQ, Tropicana Gardens Mall, Tropicana Golf & Clubhouse, W KL Hotel, Courtyard by Marriott Hotel, and Property Management) that have not been vaccinated were signed up for this programme. 31 GROUP OVERVIEW Annual Report 2021
10 Tropicana Industrial Park in Iskandar Malaysia 20 December 2021 Set to spur economic growth in the Southern Region, the 1,188 acres Tropicana Industrial Park was unveiled with an official groundbreaking ceremony in Iskandar Malaysia, Johor. Tropicana’s first Industrial Park was officiated by the Johor Menteri Besar YB Dato’ Hasni Mohammad. Positioned as the only centralised industrial park in the district, Tropicana Industrial Park consists of eight phases with plots of land between one and three acres ready for sale to light and medium industries. 8 Vacant Possession at Tropicana Aman & Tropicana Metropark February and April 2021 Tropicana delivered vacant possession (“VP”) at two of its signature townships: 1. Dalia Residences and Aman 1 homeowners at Tropicana Aman, Kota Kemuning received keys to their brand-new apartment. To mark this momentous occasion, happy homeowners were presented with handover gifts before being shown around the facilities surrounding the award-winning township and finally escorted to their new home to go through proper VP handover processes. 2. Homeowners of Paisley Serviced Residences at Tropicana Metropark received keys to their brand-new homes. Homeowners were also presented with Tropicana handover gift and escorted to their new home to go through proper VP handover processes. Despite the MCO and CMCO, Tropicana pushed forward and ensure that new homes were handed over in good time. To provide seamless support, homeowners were introduced to Tropicana’s onestop platform, Tropicana 360 app. 9 Official grand opening of Don Don Donki & GSC at Tropicana Gardens Mall 9 December 2021 Tropicana Gardens Mall hosted official openings of two popular brands: 1. Japanese chain retailer JONETZ by Don Don Donki opened its second and largest store in Malaysia. Spanning 42,243 sq ft across 2 levels, this unique store offers a wide variety of quality Japanese products, Yatai Japanese street food stalls, CosmeDONKI cosmetic corner, and Halal section. 2. Golden Screen Cinema beckons movie fans with their latest 12-screen cinema at Tropicana Gardens Mall. These cinemas boast a total of 1,717 seats, with six special halls featuring a variety of cinema experiences including Onyx Cinema LED with Dolby Atmos, PlayPlus family halls, GSC BIG with Dolby Atmos, GSC Premiere and MX4D. 32 33 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
NEWS AND EVENT HIGHLIGHTS FOUNDATION EVENTS 2 Tropicana builds flood mitigation system in Johor Bahru 12 April 2021 To aid the Johor government in their flood prevention efforts, Tropicana built a flood mitigation system at Lido Waterfront Boulevard, Johor Bahru to address flooding concerns in the area. The system is designed to trap garbage and prevent waste from flowing into the sea, improve water quality and reduce pollution. The system will be handed over to the local authority, Majlis Bandaraya Johor Bahru (“MBJB”) for future maintenance. 1 Tropicana delivers 6,500 hot meals to 28 charity homes during MCO 2.0 18 February 2021 During Movement Control Order ("MCO") 2.0, Tropicana delivered some 6,500 hot meals to 28 homes over 34 days from 16 January to 18 February 2021. The event was aimed at raising spirits, spreading festive cheers, and providing some relief to underprivileged communities. The event was put together by the Tropicana Foundation, a charity arm of the Tropicana Group in its aim to spread festive cheers and provide relief. The Tropicana Group also united its 50 divisions, raised funds, and purchased dry canned food, sanitary products, essential supplies, and other necessities for these underprivileged homes. 3 7,500 food packs & daily necessities delivered to 15 homes 11 May 2021 Tropicana Foundation planned, cooked, and delivered 7,500 hot, nutritious, and delicious food packs to the needy during the holy month of Ramadan. The charity food drive organised before MCO 3.0 was channelled to 15 different underprivileged homes and NGOs in the Klang Valley area. Tropicana also mobilised and donated dry goods, sanitary and cleaning products, and other daily necessities in aid of these charities during the Muslim fasting season. 34 35 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
5 Tropicana donated over 2 tonnes of fresh produce to 10 charity homes 12 July 2021 Tropicana Foundation donated over 2,000kg worth of fresh produce to 10 different underprivileged homes and NGOs in the Klang Valley area. Together with its agriculture arm, Purple Pumpkie and Greenhouse, the Tropicana team organised and packed various fresh produce from Patin fish, freerange chicken, tomato, kangkung, spinach, sweet potato leaves, brinjal, and sweet corn that will feed about 1,000 folks for a week. 6 Tropicana donated RM690,000 to COVID-19 aid in Johor 31 July 2021 Tropicana Foundation donated a total of RM690,000 to four institutions in Johor. In its aim to combat and flatten the COVID-19 curve, Tropicana reached out to the Johor community and donated: 1. RM300,000 to the Yayasan Sultan Ibrahim Johor 2. RM300,000 to Tabung Bencana Negeri Johor 3. RM10,000 to Majlis Perbandaran Pontian 4. 6 units of Electrocardiogram (ECG) Machine worth a total of RM80,000 to Jabatan Kesihatan Negeri Johor 4 Donated RM30,000 for medical equipment 4 June 2021 Tropicana Foundation continues on its mission to give back to society and helps to flatten the COVID-19 curve. The Foundation donated RM30,000 that went towards the acquisition of 10 medical beds for Hospital Banting in Kuala Langat, Selangor, and 10 new wheelchairs to Petaling District Health Office to facilitate the National COVID-19 Immunisation Programme held at the Sunway Convention Centre. 36 37 TROPICANA CORPORATION BERHAD GROUP OVERVIEW Annual Report 2021
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