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 partners KWAP for property project - The Sun Daily

The Star Online

E&O partners KWAP for property project
The Sun Daily
PETALING JAYA: Eastern & Oriental Bhd (E&O) has sealed a milestone partnership with Kumpulan Wang Persaraan (Diperbadankan) (KWAP) to jointly develop the Seri Tanjung Pinang Phase 2A (STP2A) project in Penang. It said in a statement yesterday ...
E&O ties up with KWAP for property projectThe Star Online
E&O share trade suspended pending announcementThe Edge Markets MY

all 9 news articles »
E&O secures KWAP as cornerstone JV partner for STP Phase 2A - The Edge Markets MY

The Edge Markets MY

E&O secures KWAP as cornerstone JV partner for STP Phase 2A
The Edge Markets MY
At the same time, TPD has also entered into a conditional joint-venture agreement with KWAP to develop the entire STP2A development land via a special purpose vehicle — Persada Mentari Sdn Bhd, which will be 80%-owned by TPD and 20% by KWAP.

E&O said to be in talks to sell Straits Quay Mall - The Edge Markets MY

The Edge Markets MY

E&O said to be in talks to sell Straits Quay Mall
The Edge Markets MY
PROPERTY developer Eastern & Oriental Bhd (E&O), fresh from its multi-million ringgit partnership deal with Kumpulan Wang Persaraan (KWAP), is believed to be in talks to finalise the sale of Straits Quay Mall in Seri Tanjung Pinang in Penang, sources say.

Timing is key for KWAP - The Star Online

The Star Online

Timing is key for KWAP
The Star Online
THE Retirement Fund Inc (KWAP) bases its investment decision on the track record and reputation of the developers it picks. “We also look at the project location and viability based on independent due diligence and feasibility studies. “Eastern ...

Kerjaya expected to secure more packages for STP 2 - The Edge Markets MY

The Edge Markets MY

Kerjaya expected to secure more packages for STP 2
The Edge Markets MY
The scope of works comprises main building works for 32 units of three-storey terrace houses at Eastern & Oriental Bhd's (E&O) Bandar Tanjung Pinang (Phase 1) in Pulau Pinang slated for completion by Sept 21, 2018. This marks Kerjaya's first win for ...

Going For Listing: All eyes on mega Eco World International IPO - The Edge Markets MY

The Edge Markets MY

Going For Listing: All eyes on mega Eco World International IPO
The Edge Markets MY
At its IPO price of RM1.20, EWI is already sizeable — with a market capitalisation of RM2.88 billion upon listing, which is larger than that of Eastern & Oriental Bhd (RM2.67 billion), WCT Holdings Bhd (RM2.3 billion) and Tropicana Corp Bhd (RM1.47 ...

SP Setia returns to top spot - The Edge Markets MY

The Edge Markets MY

SP Setia returns to top spot
The Edge Markets MY
The Edge Malaysia Property Development Excellence Award went to Eastern & Oriental Bhd's Seri Tanjung Pinang in Penang, IJM Land Bhd's Seremban 2 as well as Malaysian Resources Corp Bhd's KL Sentral, in recognition of their positive contribution to ...

and more »
Strong take-up for phase 2 of E&O's Ariza Seafront Terraces in STP - The Edge Markets MY

Strong take-up for phase 2 of E&O's Ariza Seafront Terraces in STP
The Edge Markets MY
PETALING JAYA (April 18): Eastern & Oriental Bhd (E&O) has recorded 87% take-up for phase 2 of its Ariza Seafront Terraces comprising 35 units of landed homes in Seri Tanjung Pinang (STP), Penang. They were launched on March 23. According to the ...

Jagdeep reiterates that only 131 acres will be reclaimed - The Star Online

Jagdeep reiterates that only 131 acres will be reclaimed
The Star Online
He said Eastern & Oriental Bhd subsidiary, Tanjung Pinang Deve-lopment Sdn Bhd, would surrender the 191 acres to the state. Jagdeep told reporters yesterday that the island would be reclaimed in three phases. Phase 2a will cover 253 acres (102ha) while ...

Property investments by government funds - The Star Online

The Star Online

Property investments by government funds
The Star Online
KWAP bought into Eastern & Oriental Bhd's (E&O) ambitious Seri Tanjung Pinang project that involves massive reclamation of land and is a development which stretches over 20 years, carrying a gross development value (GDV) of some RM17bil. The EPF, on ...

and more »

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