Tropicana Corporation Berhad Annual Report 2021

Enjoy the peace and serenity of Tropicana Grandhill, Genting Highlands OVERVIEW The recent Rahim & Co Property Market Review 2021/2022 reported significant property transactions rebound in the first half of 2021 with a 21.0% jump in volume and 32.1% in value. Following the wake of the pandemic, the government rolled out the National Economic Recovery Plan, or PENJANA to help revitalise Malaysia’s economy. Thanks to the government’s stimulus measures such as the Home Ownership Campaign (“HOC”), the property sector’s performance saw improvement. In this Management Discussion and Analysis (“MD&A”), we take a look at the current market conditions, report our financial performance, reaffirm our key priorities as well as share the Group’s current and future road map. 58 TROPICANA CORPORATION BERHAD 59 PERFORMANCE REVIEW Annual Report 2021

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