Bursa Building

Eastern & Oriental Bhd - 3417(E&O)

Eastern & Oriental Bhd - 3417 (E&O)

Eastern & Oriental Bhd lists under Main Market of Bursa Malaysia. It has been classified in the Properties sector. The stock code uses in Bursa Malaysia is "3417" or identify by stock name of "E&O". More information about Eastern & Oriental Bhd can be found in their website (www.easternandoriental.com).

EntitlementEx-DateLodgementPayment
First and Final Dividend 4.25¢08-10-201210-10-201202-11-2012
First & Final 2 cents11-10-201113-10-201103-11-2011
Stock quote also available at Bursa Malaysia, The Star.
 

Eastern & Oriental Berhad (EOB) is listed on the Main-board of Bursa Malaysia. The Company has interests in 3 core business activities; namely hospitality and lifestyle, property development and property investment.

EOB undertook the meticulous refurbishment and upgrading of the heritage Eastern & Oriental Hotel (E&O Hotel) as well as Lone Pine Hotel in the late 1990s. Since it was established by the Sarkies Brothers in 1885, E&O Hotel has charmed travellers from near and far, creating a reputation to match its sister hotels – The Raffles, Singapore and The Strand, Rangoon - also founded by the Sarkies. Lone Pine Hotel is the oldest beach hotel, established in 1948, along Penang Island's famed tourist strip of Batu Ferringhi. There are ongoing efforts to capitalise on the hotel management expertise currently available, and extend this service to enable the Group to eventually manage a portfolio of hotels and resorts within Malaysia as well as around the region.

In 2007, EOB embarked on a new food and beverage (F&B) venture, via the acquisition of a substantial stake in The Delicious Group, which currently operates Delicious restaurants in One Utama, Bangsar Village II and Marc Residence and will soon open another at Dua Annexe (adjacent to Dua Residency), D'lish in Bangsar Village I and Mid Valley Megamall as well as Reunion Chinese Restaurant at Bangsar Village II. With F&B closely linked to lifestyle in the larger mindset, synergies are evident in the strategic positioning of Delicious restaurants in prime urban commercial/retail properties that E&O will retain.

E&O Property Development Berhad (E&OProp) is the property development arm of EOB. Prior to the formation of E&OProp, EOB undertook several prestigious property projects within Kuala Lumpur. Along Jalan Ampang's Embassy Row, EOB completed residential developments such as Sri Se-Ekar and 202 Desa Cahaya (202 DC), whilst at nearby Kampung Warisan, Malaysia's celebrated cartoonist Datuk Lat successfully conceptualised a traditional Malay village ambience within the heart of the capital.

Presently, E&OProp focuses on building premium homes within prime locations of Klang Valley and on Penang Island. E&OProp has recently completed the high-end condominium Dua Residency, located within the vicinity of the Kuala Lumpur City Centre (KLCC) as well as Idamansara, located in Kuala Lumpur's highly prized residential address of Damansara Heights. Seventy Damansara is another one of E&OProp's signature development with 12 exclusive detached homes within a gated and guarded community. On Penang Island, the masterplan seafront development Seri Tanjung Pinang is situated minutes from Millionaires' Row of Gurney Drive, underpinning E&OProp's consistent business strategy of focusing on development in prime areas where demand is prevalent.

The newly-established Property Investment division's core mandate is the acquisition of select landbanks and properties that provides EOB with steady, recurring income flow and opportunities for capital appreciation in the longer term.

Latest News

 
E&O sells entire stake in owner-operator of Lone Pine Hotel - The Star Online

E&O sells entire stake in owner-operator of Lone Pine Hotel
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is selling its entire stake in E&O Express Sdn Bhd, the owner-operator of Lone Pine Hotel in Batu Feringghi, Penang, for RM85mil. E&O announced to Bursa Malaysia that its unit Eastern & Oriental Hotel Sdn ...
E&O Sells Lone Pine Hotel In Batu Feringghi For RM85milmalaysiandigest.com

all 2 news articles »
Insider Moves: Spring Gallery Bhd, Green Ocean Corp Bhd, Samchem Holdings Bhd, ECS ICT Bhd, Eastern & Oriental ... - The Edge Markets MY

The Edge Markets MY

Insider Moves: Spring Gallery Bhd, Green Ocean Corp Bhd, Samchem Holdings Bhd, ECS ICT Bhd, Eastern & Oriental ...
The Edge Markets MY
FROM May 15 to 19, notable filings include those by Spring Gallery Bhd, a loss-making ceramic ware manufacturer, which saw its former executive director Kuan Poh Huat exit as a substantial shareholder after disposing of 19.74 million shares, or his ...

E&O, Top Glove improve prospects, get neutral calls: PublicInvest Research - New Straits Times Online

New Straits Times Online

E&O, Top Glove improve prospects, get neutral calls: PublicInvest Research
New Straits Times Online
KUALA LUMPUR: PublicInvest Research is positive on Eastern & Oriental Bhd (E&O)'s sale of Lone Pine Hotel in Penang for RM85 million, earning it a “neutral” call with a target price of RM2. The research house said that the bulk of the proceeds from the ...
PublicInvest Research positive on E&O sale of Lone Pine HotelThe Star Online

all 2 news articles »
Expect E&O's Lone Pine Hotel sale by October - The Edge Markets MY

PropertyGuru Malaysia

Expect E&O's Lone Pine Hotel sale by October
The Edge Markets MY
Maintain neutral with a target price (TP) of RM2: Eastern & Oriental Bhd (E&O) is selling its subsidiary E&O Express Sdn Bhd which owns and operates the Lone Pine Hotel in Batu Ferringhi, Penang, for RM85 million. This is consistent with plans to ...
E&O Sells Penang Hotel for RM85mPropertyGuru Malaysia

all 2 news articles »
KLCI to extend positive run, gains seen limited - The Edge Markets MY

KLCI to extend positive run, gains seen limited
The Edge Markets MY
Based on corporate announcements and news flow last Friday, stocks in focus on today may include Eastern & Oriental Bhd, Fajarbaru Builder Group Bhd, Anzo Holdings Bhd, Boustead Holdings Bhd, Hengyuan Refining Company Bhd, Top Glove Corp Bhd, ...

and more »
Strong balance sheet, order book for Kerjaya Prospek - The Edge Markets MY

The Edge Markets MY

Strong balance sheet, order book for Kerjaya Prospek
The Edge Markets MY
Lum Joe Shen, an analyst with Kenanga Research, says in a May 26 report that Kerjaya Prospek's tender book stood at RM1.8 billion, and is believed to comprise jobs from core clients such as S P Setia Bhd, Eastern & Oriental Bhd (E&O) and Eco World ...

Kerjaya Prospek eyes RM800mil in contracts this year - The Star Online

Kerjaya Prospek eyes RM800mil in contracts this year
The Star Online
Tee, who was appointed to the board of property developer Eastern & Oriental Bhd (E&O) earlier this week and effective June 1, said about RM600mil out of the total outstanding RM2.6bil order book were jobs from E&O. He has a 74% stake in Kerjaya ...

E&O, Fajarbaru, Anzo, Boustead, Hengyuan, Top Glove, Rev Asia and NetX - The Edge Markets MY

The Edge Markets MY

E&O, Fajarbaru, Anzo, Boustead, Hengyuan, Top Glove, Rev Asia and NetX
The Edge Markets MY
Property Developer Eastern & Oriental Bhd (E&O) is divesting one of its subsidiaries, E&O Express Sdn Bhd (EOE), which owns and operates the Lone Pine Hotel in Batu Feringghi, Penang, for RM85 million. Following the divestment, E&O expects to realise ...

MRCB seeks more strategic tie-ups - The Star Online

The Star Online

MRCB seeks more strategic tie-ups
The Star Online
Meanwhile, a new player in the space is the Retirement Fund Inc (KWAP), which signed its first equity participation in property development with Eastern & Oriental Bhd for the latter's Seri Tanjung Pinang project in Penang in April. For MRCB to focus ...

Brighter prospects ahead for Kerjaya Prospek - The Edge Markets MY

The Edge Markets MY

Brighter prospects ahead for Kerjaya Prospek
The Edge Markets MY
Initiate buy with a target price of RM3.62: We believe there should be more building contracts to be awarded to Kerjaya Prospek Group Bhd by Eastern & Oriental Bhd (E&O) going forward, given the 12-year working relationship between the companies, and ...

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