New Straits Times - 14 January 2015 - Tropicana upbeat RM 2 Billion sales
Tropicana Corp Bhd expects to
acliieve its RM2 billion sales target this year regardless of harder service
problems. Team president Datuk Yau Kok Seng stated the sales target will be
driven by the team's ongoing launches. Tropicana's sales have actually
continued to hold up at higher degree in the past as a result of its strong
branding as well as innovative advertising and marketing methods. Talking with
press reporters, Yau claimed the business will proceed its development forward,
enhance where it needs to as well as construct energy where it has already done
well.
The designer is establishing a
profile of multi-billion ringgit projects in Greater Kuala Lumpur, Iskandar
Malaysia and also Penang, It has primitive land in calculated crucial
development regions in Malaysia, which has an approximated gross advancement
value of RM70 billion. Tropicana is the nine largest residential property
designer in Malaysia by market capitalisation. In regards to sales, it is the
fifth most significant company after SP Setia Bhd as well as UEM Sunrise Bhd.
The other day, the company partnered with prominent global education and
learning group GEMS Education and learning to establish a RM50 million school
university in the SIX.61 ha incorporated development Tropicana's Metropark. The
deal is anticipated to see the development of a world-class global college
campus that is competitive with a few of the globe's best institutions. The
school, to be developed by Tropicana on a 2.02 ha website, will certainly house
an integrated international institution offering structure to key as well as
additional phases of discovering it will be run by GEMS Education upon
conclusion in 2017, with first consumption expected in September-.
PIC: Education and Greater
Understanding Preacher II Datuk Seri Idris Jusoh (second from left) with
Tropicana Corp group exec vice-chairman Tan Sri Danny Tan (3rd from left),
group ceo Datuk Yau Kok Seng (3rd from right) as well as GEMS Maju Sdn Bhd
Chief Executive Officer Tom Collin (second from right) looking at a replica of
the college campus at the signing event the other day.
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