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

 
Thousands attend E&O Chinese New Year open house - New Straits Times Online

New Straits Times Online

Thousands attend E&O Chinese New Year open house
New Straits Times Online
GEORGE TOWN: More than 2,000 guests from Tanjung Tokong and neighbouring communities soaked in the festive mood during the Eastern and Oriental Berhad (E&O) 2017 Chinese New Year Open House here. The crowd started thronging the open ...

and more »
E&O media appreciation night - Malaysia Outlook (press release) (registration)

Malaysia Outlook (press release) (registration)

E&O media appreciation night
Malaysia Outlook (press release) (registration)
More than 300 pressmen and Eastern and Oriental Bhd's (E&O) staff attended the annual media appreciation night 2017 recently celebrating with an evening of fun and laughter. E&O's group corporate strategy director Lyn Chai said the dinner at the grand ...

Eastern & Oriental says no impact from Brexit - The Star Online

The Star Online

Eastern & Oriental says no impact from Brexit
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) says Britain's exit from the European Union (Brexit) will not have any negative impact on the total net realisable value of its properties in the UK. The property company announced to Bursa Malaysia on ...

and more »
E&O achieves RM1.1 billion new sales; announces senior management changes - New Straits Times Online

New Straits Times Online

E&O achieves RM1.1 billion new sales; announces senior management changes
New Straits Times Online
GEORGE TOWN: Property developer Eastern & Oriental Berhad (E&O) today announced it has recorded new property sales amounting to RM1.1 billion in its 2015/ 2016 financial year, the highest annual sales for the group thus far. “We are highly encouraged ...

and more »
Tham replaces Sime Darby as E & O's largest shareholder - The Star Online

The Star Online

Tham replaces Sime Darby as E & O's largest shareholder
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E & O) group managing director Datuk Seri Terry Tham Ka Hon (pic) has bought 10% equity interest in the company from Sime Darby Bhd for RM327.5mil, raising his stake to 21% to become E & O's single largest ...

and more »
E&O Berhad contributes RM200k to state government's 2017 CNY Lantern - The Sun Daily

E&O Berhad contributes RM200k to state government's 2017 CNY Lantern
The Sun Daily
GEORGE TOWN: Eastern & Oriental Berhad (E&O) has contributed RM200,000 to Penang state government's Chinese New Year Lantern 2017 event which will be held in conjunction with the Lunar new year celebration. The Chinese New Year Lantern 2017 ...

A smaller Sime is not the solution in its entirety - The Star Online

The Star Online

A smaller Sime is not the solution in its entirety
The Star Online
They took up a stake in Eastern & Oriental Bhd and sold it off later for a gain. Sime's biggest acquisition was NBPOL, a move to grow its plantation assets. However, that acquisition is also now a drag on the stock. The view is that PNB has to break up ...

and more »
Developers expect slow take-up as market softens - New Straits Times Online

New Straits Times Online

Developers expect slow take-up as market softens
New Straits Times Online
On property lifestyle developer Eastern and Oriental Bhd's (E&O) impending launch of its Amaris Terraces By-The-Sea development in the first phase of the company's Seri Tanjung Pinang (STP) development, Amir said Amaris's sales would also likely be ...

What's next for E&O? - The Star Online

The Star Online

What's next for E&O?
The Star Online
THE last time high-end property developer Eastern & Oriental (E&O) Bhd made the news in a big way was in 2011 when a block of shares in the company was sold to Sime Darby Bhd, at a price that suprised the market. E&O became a hot topic of discussion ...

E&O explains RM135mil gap to shareholders - The Star Online

E&O explains RM135mil gap to shareholders
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) explained to shareholders that a RM135mil gap between the targeted and actual cumulative profits for the three financial years (FY) ended March 31, 2014 to 2016, was due to the change in market conditions.

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