Tropicana Corporation Berhad Annual Report 2021

MANAGEMENT DISCUSSION AND ANALYSIS LEE HAN MING Group Chief Executive Officer “In 2021, we continued to stay resilient by leveraging on our six priorities, guided by our sustainable business practices. We strengthened our developments and key presence across Malaysia by expanding to Genting Highlands and Langkawi with “Tropicana Journey Collection”, as well as Tropicana Alam and Southern Region, solidifying the Tropicana brand. ” “In anticipation of a return to normalcy, we are expecting better times ahead as the real estate market looks to be trending up. We saw a surge in property sales at the end of 2021 and outperformed our property sales target. We remain cautiously optimistic and envisaged to improve in 2022 as the market normalises.” DION TAN YONG CHIEN Group Managing Director 56 57 Annual Report 2021 TROPICANA CORPORATION BERHAD PERFORMANCE REVIEW

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