KUALA LUMPUR: Tropicana Corp Bhd
’s wholly-owned unit, Tropicana Plaza Sdn Bhd, is selling its Dijaya Plaza tower in Jalan Tun Razak here to Kenanga Investment Bank Bhd
for RM140mil.
In a statement, Tropicana said the cash inflow was expected to improve the groups financial position by freeing up net proceeds of about RM51.6mil.
