Earnings visibility for Tropicana through 2023


Tropicana Metropark Paisley Serviced Residences

KUALA LUMPUR: Tropicana Corp Bhd’s large unbilled sales of about RM1bil provides earnings visibility through 2023 while it has an established position in the domestic property industry, Malaysian Rating Corp (MARC) said.

The rating agency has affirmed its A+IS rating on Tropicana’s RM1.5bil Islamic medium-term notes programme with a “stable” outlook.

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