Dijaya
How their buildings read
1 poor, 1 fair
Outcomes still vary building by building. Check the building, not the brochure.
What we found
The High Court awarded Tropicana Corporation Bhd and its subsidiary RM300,000 in damages plus RM50,000 costs in a defamation suit against a buyer's representative who smashed a defective KLCC unit, a suit that arose from a defect dispute.
The evidence
Delivery
NegativeA 1996-commenced Dijaya Plaza on Jalan Tun Razak stalled after the 1997 Asian financial crisis and remained abandoned as at September 2014, when demolition of the structure began.
One more finding
A Lowyat forum thread reports that a Damansara Jaya project by Dijaya was described as dead for years before being revived, with a launch targeted for 2Q 2014 that was later delayed.
Regulatory and legal
MixedTropicana Corp is a defendant in a 2023 High Court claim by RHB Trustees, Sunway REIT Management and Sunway Education, which alleges breach of a Conduct Agreement; Tropicana denies the allegations and seeks to strike the claim out.
One more finding
Tropicana Corp's 2024 annual report discloses a pending arbitration and appeal in India over a terminated Deed of Novation cum Joint Development Agreement, plus a claim scheduled for trial in October 2025, which the company says it has a fair chance of defeating.
Corporate continuity
NegativeTropicana Corp disclosed to Bursa Malaysia a four-month delay in announcing a RM44.82 million Langkawi land acquisition, and its reply said no conditions precedent had been fulfilled as of that date.
3 more findings
Tropicana Corp Bhd is a listed company (Bursa code 5401) whose subsidiaries include Advent Nexus, Arah Pelangi and Bakat Rampai, and which recently reported a Q1 FY2026 net loss of RM23.12 million.
The company now trading as Tropicana Corp Bhd was originally founded as Dijaya Corporation in 1992 and changed its name in 2003, with the name change approved by the Companies Commission of Malaysia.
Tropicana Corp redesignated its managing director Din Tan as deputy group CEO in October 2025, while founder Danny Tan had retired and the group CEO was Datuk Mark Victor Rozario, who later resigned as a non-independent director in August 2026.
Their buildings
Tropicana GrandeTropicana Golf & Country ResortThe development is a very low-density project with only about 200 units, creating an exclusive atmosphere.6.8 out of 10Fair