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).
|First and Final Dividend 4.25¢||08-10-2012||10-10-2012||02-11-2012|
|First & Final 2 cents||11-10-2011||13-10-2011||03-11-2011|
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.
The Sun Daily
E&O's Azizan takes over Silverlakes project
The Sun Daily
KUALA LUMPUR (Dec 4, 2013): A three-year plan to develop a 511-acre land parcel in Kinta Valley, Perak, into a RM1 billion commercial and residential development is expected to finally kick off next year, with the entry of Eastern & Oriental Bhd (E&O) ...
Malaysia grants tax break for showcase zone
Business Times - Malaysia
Other major listed developers in the Medini zone include Mah Sing Group, Sunway Bhd, Eastern & Oriental and WCT Holdings Bhd. The whole Iskandar region has seen property prices climb in recent years due to speculators and higher demand from ...
M'sia grants tax break for Medini, a showcase zone near S'pore
The Star Online
Other major listed developers in the Medini zone include Mah Sing Group, Sunway Bhd, Eastern & Oriental and WCT Holdings Bhd. ISKANDAR'S APPEAL. The whole Iskandar region has seen property prices climb in recent years due to speculators and ...
Malaysia grants tax break for showcase zone near Singapore
Renewed taste of Victory
New Straits Times
ON a momentous note in Nov 10, 1918, one of the Sarkies Brothers, Arshak, became the proud new owner of the Sea Bank, adjacent to his beloved Eastern & Oriental Hotel or the E&O as it was fondly referred to. The day was made even more memorable as ...
Medini zone in Iskandar granted property gains tax exemption
The Malaysian Insider
Other major listed developers in the Medini zone include Mah Sing Group, Sunway Bhd, Eastern & Oriental and WCT Holdings Bhd. The Iskandar region has seen property prices climb in recent years due to speculators and higher demand from Singaporeans ...
Judicial review against SC's 2011 decision denied
The Sun Daily
PETALING JAYA (Nov 21, 2013): The High Court has struck out an application by Michael Chow Keat Thye, a minority shareholder of Eastern & Oriental Bhd (E&O), for a judicial review against the Securities Commission's (SC) 2011 decision not to compel ...
Stocks To Watch: Kian Joo, IHH, E&O, IJM Group, Hong Leong Bank, Dayang ...
The Edge Malaysia
Eastern & Oriental Bhd posted net profit of RM16.5 million for its second quarter ended 30 September 2013, a sharp fall from RM34.9 million in the previous corresponding quarter. Revenue had also decreased to RM74.7 million in 2QFY13 from RM156.7 ...
BUSINESS IN BRIEF 7/12
A MoIT representative says Vietnam's trade exchange with Bulgaria is still at a low level as compared with other Central and Eastern European countries as Bulgaria has a small population of 7.3 million. To raise .... They included, Egis Projects SA ...
Sime Darby Berhad: 29 Nov 2013 - Sime Darby Berhad Registers Net Profit of ...
The Wall Street Transcript
Last but not least, our strategic partnership with Eastern & Oriental in the City of Elmina will certainly add value to that landmark development." Mohd Bakke added. 1Q FY2013/2014 versus 1Q FY2012/2013 Year-on-Year (YoY) Comparison. The Plantation ...
Singapore Property Boom Fuels Malaysia Spillover Bubble
Photographer: Goh Seng Chong/Bloomberg. The Ariza Courtyard Terrace, an Eastern and Oriental Bhd. development, sits in Seri Tanjung in Penang. The Ariza Courtyard Terrace, an Eastern and Oriental Bhd. development, sits in Seri Tanjung in Penang.
Malaysia Restraining Its Own Singapore Property Boom: Mortgages