The Malaysian Reserve - Tropicana to acquire 2 land plots worth RM403mil

In a filing to Bursa Malaysia yesterday, it said both lands measuring 124.64ha in total, will be acquired through Elkwood Realty Sdn Bhd and Snowflakes Realty Sdn Bhd.

Tropicana's strategy for land-bank acquisitions has been to focus on the nation's main economic regions, namely the Klang Valley, Johor and Genting Highlands and to ensure that the Tropicana Group is well represented in key growth corridors within each region.