TROPICANA CITY MALL - Tropicana Golf & Country Resort

MESSAGE FROM MDMoving Along WithThe TimesMESSAGE FROM MDThe much awaited Tropicana City Mall is now open and ithas been attracting an increasing crowd since its openingon 18th December 2008. Tropicana City Mall houses awide variety of retail outlets offering fashion,entertainment, food & beverages, specialty stores as wellas the home of the only Carrefour hypermarket in PetalingJaya. The Mall also boasts some first-of-its-kind tenantsin Malaysia in the likes of Sushi Tei, Sorella boutique, RedArmy Watches, BodyBar Natural Skincare, Kidz Spot andThe Bad Ass Coffee to add more shopping flavours forthe young and old alike.Tropicana City Mall is part of a unique mixed commercialdevelopment known as Tropicana City – which alsoconsists of a signature office block aptly namedTropicana City Office Tower as well as Tropicana CityTropics, the 601-unit of service suites with resort-stylerecreational facilities. The completion of Tropicana CityMall and Tropicana City Office Tower will usher in a newrevenue base for Dijaya with rentals from both of theseproperties which are being retained as investments.Dijaya is investing more than RM17 million to upgrade thetraffic circulation around Tropicana City to facilitateaccess to and from the development. Construction of thefirst ramp is in advanced stage and will be operational inMarch; providing better accessibility from the LDP,Bandar Utama and TTDI. This ramp will also facilitateegress from Tropicana City to the Sprint Highway(KL-bound).New DevelopmentsOther new developments in the pipeline are TropicanaAvenue and Tropicana Grande which are being plannedin Tropicana Golf & Country Resort. The former is trulyfantastic location for a business as it can be easilyaccessed from various corners of the Klang Valley.Though nestled within bustling Petaling Jaya city, it isextensively imbued with architectural features to create aresort ambience in keeping with its location.In view of the current market conditions, the Group willkeep an eye on the changing market trends beforedeciding on the right time to commence sales of thesenew developments. The recent acquisitions of lands inCheras and Balakong will provide Dijaya withopportunities to broaden its product mix to cater to widermarket segments and develop a new presence outside ofPetaling Jaya.Social ResponsibilityThe Group regularly gives back to the community andmore so at this time when the economy is heading intouncharted waters. We are aware of ever growing need tohelp the less fortunate and it now more than ever thatthey need someone to reach out to them. On that note,the management of Tropicana City Mall recently hosted aChinese New Year luncheon for Ti-Ratana WelfareSociety on 1st February 2009 and joined hands with themto toss the “yee sang” (raw fish salad) to a healthier andmore prosperous year of the OX.Financial Results HighlightsDijaya Corporation Berhad recently released its 2008financial results which saw a commendable 12%reduction in its consolidated profits to RM48.90notwithstanding the sharp downturn in the globaleconomy, particularly in the last quarter of the year.On the whole, Dijaya will ride through the market relativelywell given its recurring income from the Tropicana Cityproject, possession of prime land bank, sales of theexisting as well as the new large-scale upmarket projects.Another exciting piece is the Tropicana Grande which isexpected to raise the standard for luxuriouscondominiums in Petaling Jaya. It offers extra largebuilt-up space and five-star amenities accompanied byverdant views of the golf course.Tong Kien OnnManaging DirectorDijaya Corporation Berhad3 Directions