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

 
EPF ceases to be Eastern & Oriental substantial shareholder - The Star Online

EPF ceases to be Eastern & Oriental substantial shareholder
The Star Online
KUALA LUMPUR: The Employees Provident Fund Board (EPF) has ceased to be a substantial shareholder of lifestyle property developer Eastern & Oriental Bhd. A filing with Bursa Malaysia on Tuesday showed the EPF had disposed of 675,000 shares on ...

Eastern & Oriental, Mitsui in KL property venture - The Star Online

Eastern & Oriental, Mitsui in KL property venture
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O), in its third collaboration with Tokyo-listed Mitsui, is developing a 298-unit service in the Kuala Lumpur city centre. It said on Friday the 5,812-sq metre land, owned by Samudra Pelangi Sdn Bhd unit Patsawan ...

Tie-up set to boost E&O clientele - The Star Online

Tie-up set to boost E&O clientele
The Star Online
PETALING JAYA: Eastern & Oriental Bhd's (E&O) latest joint venture with Japan's Mitsui Fudosan will see Malaysia's first wellness-themed property project launched as well as spread further brand awareness about E&O in the Japanese property market, said ...

E&O to tie up with Japanese firm for apartment project - The Star Online

E&O to tie up with Japanese firm for apartment project
The Star Online
PETALING JAYA: Niche property developer Eastern & Oriental Bhd (E&O) will be collaborating with a Japanese real estate group to develop a serviced-apartment project in the heart of Kuala Lumpur. The company said in a filing with the stock exchange that ...

E&O, Mitsui seal third deal to develop serviced apartments in KL - The Sun Daily

E&O, Mitsui seal third deal to develop serviced apartments in KL
The Sun Daily
PETALING JAYA: Eastern & Oriental Bhd (E&O) has signed an agreement with Japan's Mitsui Fudosan Co Ltd to jointly-develop to jointly develop a 298-unit serviced apartment project on a piece of freehold land in Kuala Lumpur. E&O's indirect wholly-owned ...

and more »
E&O unit completes London land transaction - The Star Online

The Star Online

E&O unit completes London land transaction
The Star Online
KUALA LUMPUR: Eastern and Oriental Bhd (E&O) unit, Eastern and Oriental Property (UK) Ltd (EOP UK), has completed the £57mil (RM308.9mil) acquisition of a 0.48ha freehold site in Hammersmith, west London. In a statement yesterday, E&O said the ...

Eastern & Oriental proposes bonus issue, warrants, RM500m debt notes - The Star Online

Eastern & Oriental proposes bonus issue, warrants, RM500m debt notes
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd has proposed a corporate exercise involving a bonus issue, free warrants and the issuance of up to RM500mil in nominal value of private debt securities (PDS). It had on Friday proposed a bonus issue of up to ...

CEO baharu SP Setia ditentukan bulan depan - Utusan Malaysia

Utusan Malaysia

CEO baharu SP Setia ditentukan bulan depan
Utusan Malaysia
Dalam pada itu, beliau enggan mengulas isu penggabungan beberapa syarikat hartanah di bawah PNB iaitu melibatkan SP Setia, Sime Darby, Eastern & Oriental dan I&P Group dalam usaha membentuk sebuah entiti hartanah terbesar di peringkat serantau ...

Eastern & Oriental resumes upward trend - The Star Online

Eastern & Oriental resumes upward trend
The Star Online
KUALA LUMPUR: Shares of Eastern and Oriental Bhd (E&O) resumed their upward trend to a high of RM2.92 on Thursday as analysts were upbeat about its property projects especially in Penang. At 3.55pm, it was up 19 sen to RM2.92. Turnover was 5.05 ...

and more »
Eastern & Oriental gets approval for Penang land reclamation - The Star Online

The Rakyat Post

Eastern & Oriental gets approval for Penang land reclamation
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd has received the Penang State Department of Town and Country Planning's approval to carry out its land reclamation off Penang island. It said on Monday its unit Tanjung Pinang Development Sdn Bhd (TPD) had ...
Nod for E&O to conduct land reclamation off PenangThe Rakyat Post

all 4 news articles »

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