Tropicana to gain RM145mil from sale of land


KUALA LUMPUR: Property developer Tropicana Corp Bhd is expected to gain RM145mil from the sale of its 1.3ha land in Bukit Bintang, Kuala Lumpur, to its 30%-owned Offshore Triangle Sdn Bhd.

Offshore Triangle is a 30:70 joint venture between Tropicana and Hong Kong-listed Agile Property Holdings Ltd.

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