Focus Malaysia, 22 March 2014 - Tropicana sells land to EcoWorld for RM470m

Focus Malaysia, 22 March 2014

Tropicana sells land to Eco World for RM470m Tropicana Corp Bhd is selling 123ha near Kota Kemuning, Sel-angor to Eco World Development Group Bhd for RM470.67 mil cash. Tropicana said the sale would enhance its net earnings per share by 12 sen for the financial year ending Dec 31, 2014. The sale and purchase agreement is targeted to conclude by the second half of the year..