In a filing with Bursa Malaysia, Tan(pic), who has more than 55% stake in Tropicana, was said to have been appointed as executive vice-chairman. Subsequently, Tropicana announced its proposed acquisitions worth some RM1.85bil involving 12 agreements that would see 1,116.88 acres of land being injected into the company.
PETALING JAYA: Tycoon Tan Sri Danny Tan Chee Sing is taking back the reigns of Tropicana Corp Bhd
with a bang after more than a three-year hiatus.
Tan, 64, who is the founder and major shareholder of the property development company, announced his return with a proposed asset injection of RM1.85bil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
