TROP

1.060

+0.01 (+1%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS TROPICANA CORPORATION BERHAD ("TROPICANA" OR THE "COMPANY") - PROPOSED ACQUISITION OF A PARCEL OF LEASEHOLD LAND MEASURING APPROXIMATELY 3.12 ACRES ("LAND") BY TROPICANA SCENIC DEVELOPMENT SDN BHD ("TSDSB"), A WHOLLY-OWNED SUBSIDIARY OF TROPICANA, FOR A TOTAL PURCHASE CONSIDERATION OF RM44,820,000 ("PURCHASE CONSIDERATION") ("PROPOSED ACQUISITION")

TROPICANA CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description 
TROPICANA CORPORATION BERHAD ("TROPICANA" OR THE "COMPANY") - PROPOSED ACQUISITION OF A PARCEL OF LEASEHOLD LAND MEASURING APPROXIMATELY 3.12 ACRES ("LAND") BY TROPICANA SCENIC DEVELOPMENT SDN BHD ("TSDSB"), A WHOLLY-OWNED SUBSIDIARY OF TROPICANA, FOR A TOTAL PURCHASE CONSIDERATION OF RM44,820,000 ("PURCHASE CONSIDERATION") ("PROPOSED ACQUISITION")

The Board of Directors of Tropicana ("Board") wishes to announce that TSDSB, a wholly-owned subsidiary of Tropicana, had entered into a sale and purchase agreement with Tanjung Mali Resort Development Sdn Bhd ("TMRDSB" or "Vendor") in relation to the Proposed Acquisition ("SPA") for a total purchase consideration of RM44,820,000.

 

Details of the Proposed Acquistion is in the attached file.

 

This announcement is dated 28 April 2026.


Please refer attachment below.

Attachments

Announcement - Mali Resort (PDF Clean copy).pdf
605.9 kB


Announcement Info

Company Name TROPICANA CORPORATION BERHAD
Stock Name TROP
Date Announced 28 Apr 2026
Category General Announcement for PLC
Reference Number GA1-28042026-00042


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