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Tropicana Redeems RM110 Million Islamic Bond

Press Release: Tropicana Redeems RM110 Million Islamic Bond – Move is part of the company’s efforts to reduce gearing & optimise its  financial management –  ● To facilitate the Group’s development plan, Tropicana issued RM1.5 billion Senior Islamic  Medium Term Notes Programme (“Sukuk Wakalah Programme”)...

Tropicana Q1 Revenue Up By 13.5%

Press Release : Tropicana Q1 Revenue Up By 13.5%  Tropicana Group’s revenue rose by 13.5% to RM291.3 million compared to the corresponding  quarter in the preceding year (Q1 2023: RM256.7 million).  ● Tropicana’s balance sheet continues to strengthen, with gross gearing level reduced from  0.74...