TROP

1.120

(%)

PROPOSED ACQUISITION OF 14 PARCELS OF FREEHOLD AND LEASEHOLD LAND MEASURING APPROXIMATELY 21.03 ACRES BY TROPICANA SCENIC DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TROP, FOR A TOTAL PURCHASE CONSIDERATION OF RM151,060,000 ("PROPOSED ACQUISITION")

TROPICANA CORPORATION BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-06052026-00003
Subject PROPOSED ACQUISITION OF 14 PARCELS OF FREEHOLD AND LEASEHOLD LAND MEASURING APPROXIMATELY 21.03 ACRES BY TROPICANA SCENIC DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TROP, FOR A TOTAL PURCHASE CONSIDERATION OF RM151,060,000 ("PROPOSED ACQUISITION")
Description 
TROPICANA CORPORATION BERHAD ("TROPICANA" OR THE "COMPANY") - PROPOSED ACQUISITION OF FOURTEEN (14) PARCELS OF FREEHOLD AND LEASEHOLD LAND MEASURING APPROXIMATELY 21.03 ACRES ("LAND") BY TROPICANA SCENIC DEVELOPMENT SDN BHD ("TSDSB"), A WHOLLY-OWNED SUBSIDIARY OF TROPICANA, FOR A TOTAL PURCHASE CONSIDERATION OF RM151,060,000 ("PURCHASE CONSIDERATION") ("PROPOSED ACQUISITION")
Query Letter Contents

We refer to your Company's announcements dated 28 April 2026 and 4 May 2026, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1)     With respect to the disclosure pertaining to the recent arrangement among the shareholders of Maya Elemen Sdn Bhd ("MESB") and Tan Sri Dato' Tan Chee Sing ("TSDDT") whereby both parties agreed for payments made to MESB by TSDDT as settlement on financing between MESB and TSDDT, please address the following:

 

(a)    To state the exact date of the recent arrangement made; and

 

(b)    To provide a detailed background/explanation leading to the payments made to MESB by TSDDT as settlement on financing between MESB and TSDDT and include a tabulation of the financing/payment details in the following manner:

 

DateFinancing amount (RM)Purpose/utilisation of the financing amountDate of Repayment
    
    

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully,

Listing 

Group Regulation
 

Cc : Market Surveillance Department, Securities Commission Malaysia

Reference is made to the Company's announcements dated 28 April 2026 and 4 May 2026. 

 

The Board of Directors of Tropicana Corporation Berhad ("Board") wishes to announce the additional information as set out in the attachment below. 

 

This announcement is dated 7 May 2026.

 

Please refer attachment below.

Attachments

Replies to Bursa on Maya Elemen Sdn Bhd 7 May 2026 (Revised).pdf
45.8 kB


Announcement Info

Company Name TROPICANA CORPORATION BERHAD
Stock Name TROP
Date Announced 07 May 2026
Category General Announcement for PLC
Reference Number GA1-07052026-00012


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