Tropicana Corporation Berhad Annual Report 2022

WHAT’S INSIDE GROUP OVERVIEW 06 2022 at a Glance 08 Corporate Information 09 Our Milestones 10 Corporate Structure 12 Awards & Accolades 14 Events & Highlights TROPICANA SUSTAINABILITY STATEMENT 44 Tropicana Sustainability Statement 62 Planet: Environmental Sustainability 76 People: Social Sustainability 98 Partnership: Sustainability Governance FINANCIAL STATEMENT & OTHER INFORMATION 142 Statement of Directors’ Responsibility 143 Financial Statements 285 Analysis of Shareholdings 288 A nalysis of Irredeemable Convertible Preference Shareholdings 289 List of Properties 305 Group Directory 307 Notice of Forty-Fourth Annual General Meeting 315 Administrative Guide & Proxy Form 01 03 GOVERNANCE 106 Directors’ Profile 113 Senior Management Profile 117 Corporate Governance Overview Statement 131 Additional Compliance Information 132 Statement on Risk Management & Internal Control 138 Audit Committee Report 04 05 MANAGEMENT DISCUSSION & ANALYSIS 18 Management Discussion & Analysis 19 Overview & Market Outlook 20 Our Priorities 21 Our Launched Developments 23 Upcoming Developments 24 Market Traction & Future Growth 27 U nlocking Our Landbank 28 Investment Properties 29 Commitment to Excellence 30 Performance at a Glance 32 Financial Highlights & Insights 34 Value Added Statement 35 Investor Relations 36 Quality Commitment 38 Quality Finish 02

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