Tropicana clarifies four-month announcement delay on Langkawi land buy, cites strategic interdependency with larger RM151 mil acquisition
Tropicana Corp Bhd has clarified to Bursa Malaysia that its four-month delay in announcing a RM44.82 million leasehold land acquisition in Langkawi was due to the parcel's strategic dependence on a separate, larger acquisition — and that had the bigger deal fallen through, Tropicana would likely have walked away from both.
